PermRock Royalty Trust declares $0.030299/unit monthly distribution, payable Jan 16, 2024

PermRock Royalty Trust

Cash distribution of $368,611.34 ($0.030299/unit) payable Jan 16, 2024 to holders of record Dec 29, 2023, based on Oct 2023 production.
Underlying oil sales: 25,664 Bbls at $84.78/Bbl; natural gas: 30,292 Mcf at $3.36/Mcf.
Oil cash receipts $2.18M, down $0.07M; natural gas receipts $0.10M, down $0.01M from prior month.
Total direct operating expenses $0.77M (down $0.10M); severance/ad valorem taxes $0.17M; capital expenses $0.52M (up $0.37M).
Boaz Energy reports increase in capital expenses primarily related to non-operated drilling in Glasscock County, Texas.

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