---
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"
generated_at: "2026-06-07T23:59:32.654074+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Permianville Royalty Trust reports ~$1.2M net profits shortfall; no December distribution

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-119520
- JSON: https://secwatch.observer/filing/0001104659-23-119520.json
- Plain text: https://secwatch.observer/filing/0001104659-23-119520.txt

## Key facts
- Earnings Releases
  Permianville Royalty Trust reported monthly net profits interest calculation for November 2023 results: revenue $2.8 million.
  - Period: monthly net profits interest calculation for November 2023
  - Revenue: $2.8 million
  - Result: reported results
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1520048/000110465923119520/0001104659-23-119520-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.