Profit-Rich Permian Basin Royalty Trust (PBT) Sees Avondale Cut Holdings

Core Insights - Permian Basin Royalty Trust (NYSE:PBT) is highlighted as one of the most profitable oil stocks currently available for investment [1] - The company has demonstrated strong financial performance, significantly outperforming the market in both year-to-date and five-year returns [2] - A cash distribution of $0.115493 per unit is scheduled for payment to unitholders, reflecting the company's commitment to providing consistent income [3] Financial Performance - Year-to-date return for Permian Basin Royalty Trust is 64.43%, compared to the market's 13.25% [2] - Five-year return for the trust stands at 751.83%, while the market return is 99.71% [2] Company Overview - Permian Basin Royalty Trust, based in Dallas, Texas, holds royalty interests in various oil and gas properties and was founded in 1980 [4] - The company aims to deliver consistent income to its shareholders [4] Recent Developments - Avondale Wealth Management reduced its position in the trust by 74.1%, selling 21,500 shares, and now holds 7,500 shares valued at $93,000 [1] - Argent Trust Company announced a cash distribution to unitholders, scheduled for payment on October 15, 2025 [3]