Permian Basin Royalty Trust declared a cash distribution to the holders of its units of beneficial interest of $0.014734 per unit, payable on February 12, 2016, to unit holders of record on January 29, 2016. This month's distribution decreased slightly from the previous month due to a decrease in the pricing of both oil and gas on the Texas Royalty Properties, whereas the Waddell Ranch Properties were in deficit this month and contributed nothing to this month's distribution.