{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-119520","form_type":"8-K","ticker":"PVL","cik":"0001520048","company_name":"Permianville Royalty Trust","filed_at":"2023-11-17T23:59:59+00:00","discovered_at":"2026-05-14T18:03:29.349359+00:00","generated_at":"2026-06-07T23:59:32.654074+00:00","sec_items":["2.02","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Permianville Royalty Trust reports ~$1.2M net profits shortfall; no December distribution","bullets":["No monthly distribution payable in Dec 2023 to unitholders of record Nov 30, 2023 due to shortfall.","Capital expenditures surged $1.9M to $2.0M, primarily from drilling projects on underlying properties.","Oil sales volumes 36,086 Bbls at $78.95/Bbl; natural gas 227,059 Mcf at $2.33/Mcf.","Cumulative shortfall will be deducted from future net profits until eliminated.","Sponsor expects underlying properties to return to positive net profits by early 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-119520","json":"https://secwatch.observer/filing/0001104659-23-119520.json","markdown":"https://secwatch.observer/filing/0001104659-23-119520.md","text":"https://secwatch.observer/filing/0001104659-23-119520.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1520048/000110465923119520/0001104659-23-119520-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1520048/000110465923119520/tm2330989d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T23:59:32.654074+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"43740cc0865d07f831d3d6f593b89a7c4936ecaf","claim":"Permianville Royalty Trust reported monthly net profits interest calculation for November 2023 results: revenue $2.8 million.","evidence_excerpt":"2.33 Prior Month 33,461 1,079 222,906 7,430 $ 73.07 $ 2.02 Recorded oil cash receipts from the oil and gas properties underlying the Trust (the “Underlying Properties”) totaled $2.8 million for the current month on realized wellhead prices of $78.95/Bbl, up $0.4 million from the prior month’s oil cash receipts. Recorded natural gas cash receipts from the Underlying","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1520048/000110465923119520/0001104659-23-119520-index.htm","confidence":0.85,"family_label":"Earnings Releases","details":[{"label":"Period","value":"monthly net profits interest calculation for November 2023"},{"label":"Revenue","value":"$2.8 million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}