dividend
confidence high
sentiment neutral
materiality 0.40
PermRock Royalty Trust declares $0.040626/unit monthly distribution, payable Oct 16
PermRock Royalty Trust
- Monthly cash distribution of $494,250.09 ($0.040626/unit) declared, record Sep 29, payable Oct 16, based on July 2023 production.
- Underlying oil sales: 25,346 Bbls at $73.61/Bbl, up from 24,252 Bbls at $68.06/Bbl prior month.
- Natural gas sales: 32,609 Mcf at $3.18/Mcf, up from 26,054 Mcf at $2.69/Mcf.
- Direct operating expenses $0.95M, capital expenses $0.37M; $288K from reserved funds applied to net profits.