dividend
confidence high
sentiment neutral
materiality 0.30
Permianville Royalty Trust declares $0.056/unit monthly distribution; oil receipts down $0.4M
Permianville Royalty Trust
- Distribution of $0.056 per unit payable Feb 14, 2023 to holders of record Jan 31, 2023.
- Underlying oil sales 36,796 bbls at $85.39/bbl; natural gas 222,785 Mcf at $6.89/Mcf.
- Oil cash receipts $3.1M, down $0.4M; gas receipts $1.5M, down $0.3M vs prior month.
- Total operating expenses $2.0M, down $0.3M; capital expenditures $0.2M, down $0.3M.
- Sponsor maintains $1.0M cash reserve for future development; unspent amounts may be distributed later.