PBT Land & Minerals, Inc.

S-1/A amended

PBT Land & Minerals, Inc. filed an S-1/A registration statement disclosing its acquisition of Greybeard Mineral and Royalty Interests in the Permian Basin, including financial statements for the six months ended June 30, 2026. The filing highlights revenue growth from oil and natural gas royalties, with $4.9M in six-month revenues (2026) compared to $3.7M in 2025. The company also disclosed a public transaction involving Blackbeard Holdings, LLC, and SoftVest, L.P., which will transfer assets to New PBT upon closing. The financial statements focus on revenues and direct operating expenses without full GAAP compliance, omitting items like depletion and income tax.

S-4/A amended

S-1/A amended

PBT Land & Minerals, Inc. focuses on oil and gas in the Permian Basin, leveraging mineral and royalty interests. The company partners with Blackbeard Operating and Nile Midstream for development, generating revenue through royalties and surface use fees. Recent filings highlight PUD locations with breakeven prices below $40/bbl and expansion into renewable energy sectors.

S-4/A amended

425 supplemental

425 supplemental

S-1 filed

Gross proceeds $120,000,000

PBT Land & Minerals, Inc. is a land and resource company focused on generating diversified, high-margin cash flow from its large land position in the Permian Basin. The company owns 80,000 net revenue acres (NRAs) and 143,000 gross mineral acres, with revenue derived from oil/natural gas royalties, surface use royalties, and other land resources. Its operations are closely tied to Blackbeard Operating, which manages its mineral and royalty interests. The company emphasizes active land management to maximize value through multiple revenue streams, including royalties, surface leases, and freshwater sales.

S-4 filed