dividend
confidence high
sentiment neutral
materiality 0.30
PermRock Royalty Trust declares $0.030026 per unit monthly distribution
PermRock Royalty Trust
- Monthly cash distribution of $365,300.26 ($0.030026/unit) declared; record date Sept 30, payable Oct 15, based on July 2024 production.
- Oil sales volumes: 23,434 Bbls (756 Bbls/d) at avg $78.98/Bbl, up from 22,761 Bbls at $76.91 prior month.
- Natural gas sales volumes: 29,276 Mcf (944 Mcf/d) at avg $2.25/Mcf, down from 30,104 Mcf at $2.09 prior month.
- Total operating expenses $0.72M (+$0.04M), capital expenses $0.62M (+$0.38M), severance taxes $0.15M.
- Boaz Energy applied $172K of previously reserved funds to cover future capital obligations.