dividend
confidence high
sentiment neutral
materiality 0.35
Permianville Royalty Trust declares $0.058/unit monthly distribution; oil volumes down 12%
Permianville Royalty Trust
- Cash distribution of $0.058 per unit payable Jan 17, 2023 to holders of record Dec 30, 2022.
- Oil production 37,419 Bbls (1,247 Bbls/d) at avg price $94.66/Bbl, down from 42,594 Bbls prior month.
- Natural gas production 250,486 Mcf (8,080 Mcf/d) at $7.20/Mcf, up from 144,367 Mcf prior month.
- Oil cash receipts $3.5M (-$0.6M MoM); gas receipts $1.8M (+$0.8M MoM).
- Operating expenses $2.3M (-$0.5M); capex $0.5M; $1.0M reserve for future development maintained.