dividend
confidence high
sentiment neutral
materiality 0.50
PermRock Royalty Trust declares $0.022971/unit monthly distribution based on Jan 2024 production
PermRock Royalty Trust
- Cash distribution of $279,468.85 ($0.022971/unit), payable April 12, 2024 to holders of record March 28, 2024.
- Oil sales volumes declined to 22,711 Bbls (733 Bbls/d) from prior month's 26,163 Bbls (844 Bbls/d).
- Oil average price rose to $71.89/Bbl from $70.23; natural gas price rose to $3.62/Mcf from $2.97.
- Oil cash receipts fell $0.21M to $1.63M; gas cash receipts increased $0.01M to $0.10M.
- Capital expenses increased $0.07M to $0.32M due to drilling a well in the Permian Shelf.