dividend
confidence high
sentiment neutral
materiality 0.50
PermRock Royalty Trust declares $0.040219 per unit monthly distribution
PermRock Royalty Trust
- Cash distribution of $489,294.60 ($0.040219/unit) payable March 14, 2025 to holders of record Feb 28, 2025.
- Oil sales volumes 24,965 Bbls at avg $67.55/Bbl; natural gas 25,214 Mcf at $3.12/Mcf.
- Oil cash receipts $1.69M (+$0.17M from prior month) on higher volumes; natural gas receipts $0.08M (+$0.01M) on higher prices.
- Direct operating expenses $0.70M, down $0.27M; capital expenses $0.02M, down $0.03M, due to completion of recompletion project.
- Net profits calculation included $96,000 reserved by Boaz Energy for future capital obligations.