dividend
confidence high
sentiment neutral
materiality 0.30
PermRock Royalty Trust declares $0.03474/unit monthly distribution for Dec 2023 production
PermRock Royalty Trust
- Distribution of $422,639 ($0.03474/unit) payable March 14 to holders of record Feb 29.
- Oil sales receipts fell to $1.84M ($70.23/bbl) vs $1.97M ($76.98/bbl) in prior month.
- Natural gas receipts rose to $0.09M ($2.97/Mcf) from $0.08M ($2.87/Mcf).
- Operating expenses $0.75M; severance/taxes $0.15M; capital expenses $0.25M.
- Boaz Energy included $40,000 of reserved funds in net profits calculation.