PermRock Royalty Trust declares $0.030219/unit monthly distribution; oil volumes up 6%

PermRock Royalty Trust

Distribution of $367,645.06 ($0.030219/unit) payable Nov 15, 2024 to holders of record Oct 31, 2024.
August 2024 oil sales volumes 24,944 bbls (805 bbls/d), up from 23,434 bbls prior month.
Average oil price $74.92/bbl vs $78.98 prior; natural gas price $2.00/Mcf vs $2.25 prior.
Total direct operating expenses $0.74M; capital expenses $0.41M, down $0.21M due to well upgrade completion.
Boaz Energy completed an upgrade to a Permian Platform well, reducing capital expenses.

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