PermRock Royalty Trust declares $0.040201/unit monthly distribution, production declines

PermRock Royalty Trust

Cash distribution of $489,082.69 ($0.040201 per unit) payable Sept 15, 2023 to holders of record Aug 31, 2023.
Oil sales volumes fell to 24,252 bbls (808 bbls/d) vs 27,186 bbls prior month; avg oil price $68.06/bbl.
Natural gas volumes dropped to 26,054 Mcf (868 Mcf/d) from 39,445 Mcf; avg gas price rose to $2.69/Mcf.
Oil cash receipts decreased $0.24M to $1.65M; natural gas receipts fell $0.02M to $0.07M.
Operating expenses declined to $0.58M; capital expenses of $0.19M included $40,000 from reserved funds.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

PermRock Royalty Trust reported month of June 2023 results: EPS $0.040201 per Trust Unit.

Period: month of June 2023
EPS: $0.040201 per Trust Unit
Result: reported results

Exact text from the filing

On August 21, 2023, PermRock Royalty Trust (the “Trust”) issued a press release, a copy of which is attached hereto as Exhibit 99.1, announcing, among other things, a cash distribution to record holders of its trust units representing beneficial interests in the Trust (“Trust Units”) as of August 31, 2023, and payable on September 15, 2023, in the amount of $489,082.69 ($0.040201 per Trust Unit), based principally upon production during the month of June 2023.

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Source: SEC EDGAR

accession 0001079973-23-001188

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