dividend
confidence high
sentiment neutral
materiality 0.60
Permianville Royalty Trust declares $0.01935/unit monthly distribution for April 14 payment
Permianville Royalty Trust
- Cash distribution of $0.019350 per unit payable April 14, 2023 to holders of record March 31, 2023.
- Underlying oil volumes 34,720 Bbls at $78.48/Bbl; natural gas 204,419 Mcf at $4.23/Mcf.
- Oil cash receipts $2.7M (down $0.3M MoM); gas receipts $0.9M (down $0.2M MoM).
- Total accrued operating expenses $2.2M; capital expenditures $0.5M (down $1.4M from prior period).
- Sponsor released $0.1M from capex reserve; expects elevated capex in 2023 vs prior years.