secwatch.observer — SEC 8-K summary
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Issuer:     Permianville Royalty Trust (PVL)
CIK:        0001520048
Form:       8-K
Filed at:   2023-12-18T23:59:59+00:00
Accession:  0001104659-23-126877
Event type: other_material
Sentiment:  negative
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Permianville Royalty Trust posts $0.9M cumulative shortfall; no January 2024 distribution
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- Cumulative net profits shortfall declined to $0.9M from prior $1.2M; distribution suspended until shortfall eliminated.
- Reported oil sales 30,663 Bbls at $86.53/Bbl; gas sales 263,045 Mcf at $2.30/Mcf.
- Operating expenses $2.4M (-$0.4M M/M); CapEx $0.5M (-$1.5M M/M).
- Sponsor expects underlying properties to return to positive net profits by early 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1520048/000110465923126877/0001104659-23-126877-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1520048/000110465923126877/tm2333145d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-126877

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer