secwatch.observer — SEC 8-K summary
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Issuer:     Permianville Royalty Trust (PVL)
CIK:        0001520048
Form:       8-K
Filed at:   2024-05-20T23:59:59+00:00
Accession:  0001104659-24-063413
Event type: other_material
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Permianville Royalty Trust reports no June distribution; cumulative shortfall narrows to $3.9M
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- Cumulative net profits shortfall decreased to $3.9M from $4.5M; no distribution payable in June 2024.
- Oil production 38,824 Bbls at avg $74.93/Bbl; natural gas 253,759 Mcf at $2.43/Mcf.
- Oil cash receipts $2.9M, down $4.9M month-over-month; gas cash receipts $0.6M, down $0.5M.
- Capital expenditures dropped to $0.4M from $8.1M; total accrued operating expenses $2.3M.
- Sponsor anticipates positive net profits later in 2024 based on current commodity prices.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1520048/000110465924063413/0001104659-24-063413-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1520048/000110465924063413/tm2410871d2_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-063413

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