earnings
confidence high
sentiment neutral
materiality 0.30
PermRock Royalty Trust declares $0.040276/unit monthly distribution; oil revenue down
PermRock Royalty Trust
- Cash distribution of $489,995.26 ($0.040276/unit) payable Feb 14, 2025 to holders of record Jan 31, 2025.
- Oil sales 22,491 bbls (750 bbl/d) at avg $67.80/bbl; gas 28,372 Mcf (946 Mcf/d) at $2.53/Mcf.
- Oil cash receipts $1.52M, down $0.23M vs prior month due to lower prices and volumes.
- Total operating expenses $0.97M, up $0.38M; capital expenses $0.05M, down $0.06M.
- Boaz Energy applied $208,000 from previously reserved funds to net profits calculation.