dividend
confidence high
sentiment neutral
materiality 0.50
PermRock Royalty Trust declares monthly cash distribution of $0.030674/unit
PermRock Royalty Trust
- Cash distribution of $373,183.26 ($0.030674/unit) payable May 14, 2024 to holders of record April 30, 2024.
- Distribution based on February 2024 production: oil 23,156 bbls at $74.64/bbl; gas 24,949 Mcf at $3.71/Mcf.
- Oil cash receipts rose $0.10M to $1.73M; gas receipts fell $0.01M to $0.09M vs prior month.
- Total direct operating expenses were $0.74M; capital expenses were $0.23M (down $0.09M).