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PBT

By Steve Abraham on Feb 11, 2008

Can I interest anyone in a investment that pays about a 13%  dividend, is half as volatile as the average US stock, and is making new 52-week highs and looks to go higher? Sounds pretty good, huh?  Well, the investment I’m talking about is symbol PBT.  Per Yahoo: Permian Basin Royalty Trust holds overriding royalty rights in mineral properties in the United States. It holds a 75% net overriding royalty interest in Waddell Ranch Properties located in Crane County, Texas; and a 95% net overriding royalty interest in Texas Royalty Properties in Texas. The company was founded in 1980 and is based in Dallas, Texas. Permian Basin Royalty Trust operates as a subsidiary of Burlington Resources Oil & Gas Company LP.  I like this stock as a recession play.  Here is the chart:

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This entry was posted on Monday, February 11th, 2008 at 4:30 pm and is filed under Stock Charts. You can skip to the end and leave a response. Pinging is currently not allowed.


6 Responses to “PBT”


By sean22 on February 12th, 2008 at 12:06 pm

Just try http://www.easystockalerts.com and see..you can customize what kind of news you receive from press releases, insider trades to stories that mention your stock in blogs…

By alexander67 on February 21st, 2008 at 11:04 am

If you own stocks then you can’t afford to get news later than everyone else. Try http://www.easystockalerts.com for a week and you’ll see what i mean. there is no fee and no spam…

By jacabs on February 22nd, 2008 at 11:35 am

I recently came across a new site http://www.easystockalerts.com with lots information and updates. You can get all recent news and information relating to the stock you follow from this site. Site also monitor monitor some of the top financial blogs for opinions on your stocks.

By ethan_hill on February 25th, 2008 at 11:42 am

Found a nice site – http://www.easystockalerts.com. It will keep you updated on any breaking news on the stocks you own. See the news before it even appears on the web!

By Wizetrade Community on February 27th, 2008 at 9:02 pm

Upward trend. This stock is pretty expensive now. I bought a few shares and I’m already profitable.

By Darvastrader on March 19th, 2008 at 9:55 pm

PBT – yes a very strong stock in the current market. This ones been recommended as a BUY on the break of 23.15 by http://www.sharesmadeeasy.com in their Market Master Report.

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