Amber List

PBTPermian Basin Royalty Trust

Energy · Oil & Gas Midstream · small-cap ($1.2B)
-22.8%
from rolling 252-day high of $32.20 set 2026-05-21 · 41d ago
Current
$24.87
Decline depth
-22.8%
Decline σ
7.6σ
TFC
0/5 bearish
Rolling 252-day high Up day Down day Last 90 trading days · data from Alpaca

Since it joined the list

$PBT landed on the list 2026-06-22, down 21.7% from its 52-week high that day — now down -22.8%.

That's 1.4 percentage points deeper than the day it joined.

Decline from the 52-week high as it stood on 2026-06-22 (fixed anchor) → today. Split-adjusted, Alpaca. Observed history, not a forecast.

Structural break signals

PBT qualifies for the Amber List on decline depth.

Decline depth
-22.8%
From rolling 252-day high of $32.20, 41d ago. Past the 20% Watch threshold.
Time-frame continuity
0/5 bearish
Latest bar across daily/weekly/monthly/quarterly/yearly time frames. A bar counts as bearish when it's a 2-Down or a red 3.
Decline sigma
7.6σ
Drop from local high over the last 20 bars, expressed in units of the stock's typical daily volatility (2.44% per day). Past the ≥6σ Amber threshold.

The structural read

What price action says about PBT.

PBT qualifies for the Amber List on decline depth — down -22.8% from its rolling 252-day high.

Cross-confirmation: decline sigma also reads 7.6σ over 20 bars.

Earnings on file: 2026-05-14. Tiering is unaffected by earnings dates — listings reflect price structure only.

52-week range

52W low $11.78 63.9% of range 52W high $32.25

Sector context · Energy

72 other Energy tickers are on Broken Stocks.

31 Red List
21 Amber
20 Watch
-25.8% Median decline

Worst in sector: GEOS (-77.4%). Least-bad: IMO (-20.0%). See all Energy listings →

Questions about PBT

What people ask.

Why is PBT on Broken Stocks?

PBT qualifies for the Amber List on decline depth. It is down -22.8% from its rolling 252-day high of $32.20, set on 2026-05-21 — 41d ago.

Is PBT a falling knife?

No. The falling-knife label usually implies a steep, severe drop — typically 30% or more from a fresh high. PBT is down -22.8% from its 52-week high, which qualifies for the Watch tier but is shallower than the falling-knife pattern. It's an early-stage decline rather than a sharp breakdown.

Is PBT a buy?

Broken Stocks does not issue buy or sell recommendations. The list is a rules-based technical warning system. It tracks structural decline depth and recency — not company quality, management, fundamentals, or news. Always do your own research and consult a licensed advisor.

Where is PBT trading inside its 52-week range?

At $24.87, PBT sits 63.9% of the way from its 52-week low ($11.78) to its 52-week high ($32.25). A reading below 25% indicates price is hugging the bottom of the range; above 75%, the top.

How fast has PBT been declining?

The current 22.8% decline accrued over 41d, which annualizes to roughly -203.0% per year. Annualized pace is a sanity check — a 30% decline in three months is a different signal than a 30% decline over two years.

How does PBT compare to its sector?

There are 72 other Energy tickers on Broken Stocks: 31 Red, 21 Amber, 20 Watch, with 3 showing recovering structural signals. Median sector decline is -25.8% — PBT's decline is shallower than the sector median.

Does PBT's earnings date affect its tier?

No. Tiering is decided purely by decline depth and recency of the rolling-high date. The earnings date on file (2026-05-14) is shown for reference only — listings can move tier between scans based on closing prices, regardless of fundamentals or news events.