other material
confidence high
sentiment neutral
materiality 0.30
PermRock Royalty Trust declares $0.04/unit monthly distribution for April 2024 production
PermRock Royalty Trust
- Distribution of $486,630.74 ($0.040000/unit) payable July 15, 2024 to record holders June 28, 2024.
- Oil sales volumes 23,159 Bbls at avg $83.14/Bbl; natural gas 27,916 Mcf at $2.31/Mcf.
- Oil cash receipts $1.93M, down $0.13M from prior month due to lower volumes.
- Total operating expenses $0.74M (+$0.01M); severance & ad valorem taxes $0.14M (+$0.06M).
- Capital expenses $0.30M (+$0.17M), including converting a well to injector in Terry County, TX.