Permian Basin Royalty Trust amends annual filing with audited 2025 results showing $14.3 million distributable income

• Permian Basin Royalty Trust filed an amended annual report that restated audited 2025 results, updating production, reserves, and related MD&A disclosures.
• Distributable income fell to $14.3 million, or $0.31 per unit, from $25.42 million, or $0.55 per unit.
• Royalty income totaled $16.06 million, down from $26.96 million; 2025 royalty income came only from Texas Royalty properties due to a Waddell Ranch deficit.
• Waddell Ranch ended 2025 with $60.84 million of cumulative excess costs, plus $3.03 million of accrued interest, to be recovered from future net proceeds.
• Standardized measure of discounted future net cash flows rose to $547.92 million from $371.37 million; proved reserves increased to 19,668 MBOE from 12,237 MBOE.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Permian Basin Royalty Trust published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-303155), on July 14, 2026, and is solely responsible for the information contained therein.