secwatch.observer — SEC 8-K summary
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Issuer:     PermRock Royalty Trust (PRT)
CIK:        0001724009
Form:       8-K
Filed at:   2024-05-20T23:59:59+00:00
Accession:  0000950170-24-062197
Event type: dividend
Sentiment:  neutral
Materiality: 0.40
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PermRock Royalty Trust declares $0.040295/unit cash distribution, payable June 14
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- Distribution of $490,223.49 ($0.040295/unit) payable June 14 to holders of record May 31.
- Underlying oil sales of 26,162 bbls at $78.88/bbl; natural gas 28,443 Mcf at $3.00/Mcf.
- Oil cash receipts $2.06M (+$0.33M vs prior); gas receipts $0.09M essentially unchanged.
- Direct operating expenses $0.73M; severance/ad valorem taxes $0.09M; capital expenses $0.13M.
- Net profits calculation included $184K reserved by Boaz Energy for future capital obligations.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1724009/000095017024062197/0000950170-24-062197-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1724009/000095017024062197/2024-05_prt_8-k.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-062197

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