{"url_path":"/sec/pbt/10-k/2026/item-15","section_key":"item-15","section_title":"Item 15 Exhibits, Financial Statement Schedules","topic":"sec","document":{"doc_type":"10-K/A","doc_date":"2026-07-14","source_url":"https://www.sec.gov/Archives/edgar/data/319654/0001193125-26-303155-index.html","accession_number":"0001193125-26-303155","cik":"0000319654","ticker":"PBT","issuer_name":"PERMIAN BASIN ROYALTY TRUST","edgar_url":"https://www.sec.gov/Archives/edgar/data/319654/0001193125-26-303155-index.html","primary_entity_key":"0000319654","primary_entity_name":"PERMIAN BASIN ROYALTY TRUST"},"word_count":573,"has_tables":true,"body_markdown":"Item 15. Exhibits, Financial Statement Schedules\n\nThe following documents are filed as a part of this Report:\n\n1. Financial Statements\n\nIncluded in Part II of this Report:\n\n[Report of Independent Registered Public Accounting Firm (PCAOB ID Number 410)](#rpt_independent_accountant)\n\n33\n\n[Statements of Assets, Liabilities and Trust Corpus at December 31, 2025 and 2024](#statements_of_assets_liabilities_and)\n\n34\n\n[Statements of Distributable Income for Each of the Three Years in the Period Ended December 31, 2025](#statements_of_distributable_income)\n\n34\n\n[Statements of Changes in Trust Corpus for Each of the Three Years in the Period Ended December 31, 2025](#statements_of_changes_in_trust_corpus)\n\n35\n\n[Notes to Financial Statements](#notes_to_financial_statements)\n\n36\n\n2. Financial Statement Schedules\n\nFinancial statement schedules are omitted because of the absence of conditions under which they are required or because the required information is given in the financial statements or notes thereto.\n\n3. Exhibits\n\nExhibit\n\nNumber\n\nExhibit\n\n(4)(a)\n\n—\n\n[Permian Basin Amended and Restated Royalty Trust Indenture dated June 20, 2014, between Southland Royalty Company (now Burlington Resources Oil & Gas Company LP) and The First National Bank of Fort Worth (now Simmons Bank), as Trustee, heretofore filed as Exhibit 4.1 to the Trust’s Quarterly Report on Form 10-Q to the Securities and Exchange Commission for the quarterly period ended June 30, 2014, is incorporated herein by reference.*](https://www.sec.gov/Archives/edgar/data/319654/000119312514302688/d771070dex41.htm)\n\n(b)\n\n—\n\n[Amendment No. 1 to the Amended and Restated Royalty Trust Indenture of Permian Basin Royalty Trust, dated May 4, 2022, heretofore filed as Exhibit 4.1 to the Trust’s Current Report on Form 8-K to the Securities and Exchange Commission filed on May 6, 2022 is incorporated herein by reference.*](https://www.sec.gov/Archives/edgar/data/319654/000119312522143260/d355206dex41.htm)\n\n(c)\n\n—\n\nNet Overriding Royalty Conveyance (Permian Basin Royalty Trust) from Southland Royalty Company (now Burlington Resources Oil & Gas Company LP) to The First National Bank of Fort Worth (now Simmons Bank), as Trustee, dated November 3, 1980 (without Schedules), heretofore filed as Exhibit (4)(b) to the Trust’s Annual Report on Form 10-K to the Securities and Exchange Commission for the fiscal year ended December 31, 1980, is incorporated herein by reference.* (P)\n\n(d)\n\n—\n\nNet Overriding Royalty Conveyance (Permian Basin Royalty Trust — Waddell Ranch) from Southland Royalty Company (now Burlington Resources Oil & Gas Company LP) to The First National Bank of Fort Worth (now Simmons Bank), as Trustee, dated November 3, 1980 (without Schedules), heretofore filed as Exhibit (4)(c) to the Trust’s Annual Report on Form 10-K to the Securities and Exchange Commission for the fiscal year ended December 31, 1980, is incorporated herein by reference.* (P)\n\n(23.1)\n\n—\n\n[Consent of Cawley, Gillespie & Associates, Inc., reservoir engineer.**](pbt-ex23_1.htm)\n\n(31.1)\n\n—\n\n[Certification required by Rule 13a-14(a)/15d-14(a).**](pbt-ex31_1.htm)\n\n(32.1)\n\n—\n\n[Certification required by Rule 13a-14(b)/15d-14(b) and Section 906 of the Sarbanes-Oxley Act of 2002.**](pbt-ex32_1.htm)\n\n(97)\n\n—\n\n[Executive Officer Compensation Recovery Policy**](pbt-ex97.htm)\n\n(99.1)\n\n—\n\n[Report of Cawley, Gillespie & Associates, Inc., reservoir engineer.**](pbt-ex99_1.htm)\n\n \n\n* A copy of this Exhibit is available to any Unit holder, at the actual cost of reproduction, upon written request to the Trustee, Argent Trust Company, 3838 Oak Lawn Ave, Suite 1720, Dallas, Texas 75219.\n\n** Filed herewith.\n\n(P) Paper exhibits.\n\n49\n\n[Table of Contents](#toc_page)\n\n \n\nSIGNATURE\n\nPURSUANT TO THE REQUIREMENTS OF SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934, THE REGISTRANT HAS DULY CAUSED THIS REPORT TO BE SIGNED ON ITS BEHALF BY THE UNDERSIGNED, THEREUNTO DULY AUTHORIZED.\n\n \n\nARGENT TRUST COMPANY,\n\nTRUSTEE FOR THE\n\nPERMIAN BASIN ROYALTY TRUST\n\n \n\n \n\n \n\nBy:\n\n \n\n/s/Nancy Willis\n\n \n\n \n\nNancy Willis\n\n \n\n \n\nDirector of Royalty Trust Services\n\n \n\nDate: July 14, 2026\n\n(The Trust has no directors or executive officers.)\n\n50"}