Permian Basin Royalty Trust declares $0.088214/unit monthly distribution, up from prior month

PERMIAN BASIN ROYALTY TRUST

Distribution of $0.088214 per unit payable May 14, 2024 to record date April 30, 2024.
Increase driven by lower capital costs and higher oil prices, partly offset by lower production.
Waddell Ranch NPI contributed after CAPEX; warns future distributions at risk if pricing declines.
Lawsuit against Blackbeard dismissed without prejudice; dispute remains unresolved.

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