{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-24-049447","form_type":"8-K","ticker":"PVL","cik":"0001520048","company_name":"Permianville Royalty Trust","filed_at":"2024-04-19T23:59:59+00:00","discovered_at":"2026-05-14T18:03:18.799568+00:00","generated_at":"2026-06-03T15:53:53.562586+00:00","sec_items":["2.02","9.01"],"event_type":"dividend","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Permianville Royalty Trust suspends May distribution; cumulative shortfall reaches $4.5M","bullets":["No monthly distribution in May 2024 due to $1.9M shortfall in net profits calculation.","Cumulative net profits shortfall now totals ~$4.5M; distributions resume when shortfall eliminated.","Oil production 100,185 bbls at $78.32/bbl; natural gas 354,556 Mcf at $3.09/Mcf.","Capital expenditures surged $6.6M to $8.5M, primarily for 18 new drilling projects.","Sponsor expects Underlying Properties to return to positive net profits later in 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-24-049447","json":"https://secwatch.observer/filing/0001104659-24-049447.json","markdown":"https://secwatch.observer/filing/0001104659-24-049447.md","text":"https://secwatch.observer/filing/0001104659-24-049447.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1520048/000110465924049447/0001104659-24-049447-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1520048/000110465924049447/tm2412231d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T15:53:53.562586+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":"972c13d627c9f2077d34b88ef6b7554cd8cb1d6c","claim":"Permianville Royalty Trust reported April 2024 results: revenue $7.8 million for the current month on realized wellhead prices of $78.32/Bbl.","evidence_excerpt":"calculations. Underlying Sales Volumes Average Price Oil Natural Gas Oil Natural Gas Bbls Bbls/D Mcf Mcf/D (per Bbl) (per Mcf) Current Month 100,185 3,232 354,556 11,437 $ 78.32 $ 3.09 Prior Month 31,680 1,022 201,825 6,728 $ 72.37 $ 2.18 Recorded oil cash receipts from the oil and gas properties underlying the Trust (the “Underlying Properties”) totaled","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1520048/000110465924049447/0001104659-24-049447-index.htm","confidence":0.82,"family_label":"Earnings Releases","details":[{"label":"Period","value":"April 2024"},{"label":"Revenue","value":"$7.8 million for the current month on realized wellhead prices of $78.32/Bbl"},{"label":"Result","value":"preliminary results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}