DALLAS (AP) — DALLAS (AP) — Permian Basin Royalty Trust (PBT) on Thursday reported net income of $5.5 million in its first quarter.

The Dallas-based company said it had net income of 12 cents per share.

The owner of royalty interests in oil and gas properties posted revenue of $6 million in the period.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PBT at https://www.zacks.com/ap/PBT