Risk factors

Permian Basin Royalty Trust (PBT) risk factors

Item 1A of every Permian Basin Royalty Trust 10-K on file, and what changed from one year to the next. Readings are automated and can be wrong; check the filing for the exact wording.

  • FY2025 10-K risk factors
    23 risks2 new1 dropped5 reworded

    Legal action by Unit holder SoftVest seeks to lower voting requirements to modify the Trust indenture.

    Filed Mar 27, 2026
  • FY2024 10-K risk factors
    22 risks

    The Trust's income depends entirely on commodity prices and underlying operator performance.

    Filed Mar 14, 2025