Permian Basin Royalty Trust (PPBT) Stock Split History

Permian Basin Royalty Trust has split its stock 4 times since its initial public offering (IPO). The first stock split occurred on August 21, 2020 with the ratio of 1-for-10, meaning that for 10 shares of PPBT owned pre-split, shareholders then owned 1 share. 3 more splits have been implemented since then. The most recent stock split took place on March 02, 2026 on a 1-for-10 basis.

These splits have increased PPBT stock's liquidity and made it more appealing to a larger group of investors. However, it's important to remember that these actions only change the number of shares and the price per share with no impact on Permian Basin Royalty Trust's total market capitalization.

For more detailed information of Permian Basin Royalty Trust's stock splits, view the table below:

PPBT stock split list

Date	Split Ratio
2026-03-02	1 - for - 10
2024-09-17	1 - for - 20
2024-09-16	1 - for - 20
2020-08-21	1 - for - 10

Will Permian Basin Royalty Trust Stock Split in 2026?

The answer will depend on the decisions of the company's managers and market volatility. Permian Basin Royalty Trust has not made an official announcement regarding whether it will enact a stock split or reverse stock split, but it has a history of doing so when PPBT stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Permian Basin Royalty Trust's board of directors. Typically, no action is taken until its price per share reaches a specific threshold.

Stock Splits of Industry Leaders

Ticker Symbol	Latest Split Date	Split Ratio
ENB	2011-06-01	2 - for - 1
WMB	1997-12-30	2 - for - 1
EPD	2014-08-22	2 - for - 1
ET	2015-07-27	2 - for - 1
OKE	2012-06-04	2 - for - 1
LNG	2005-04-25	2 - for - 1
PAA	2012-10-02	2 - for - 1
FRO	2016-02-03	1 - for - 5