Permianville Royalty Trust declares $0.011/unit distribution; 15 new wells boost oil receipts

Permianville Royalty Trust

Distribution of $0.011000/unit payable Aug 14, 2024 to holders of record July 31, 2024.
Net profits interest income ~$0.4M after recouping ~$3.3M cumulative shortfall and ~$0.7M advance repayment.
Oil cash receipts $7.9M (up $4.5M MoM) on 97,721 Bbls at $80.84/Bbl; 15 new Permian wells.
Natural gas cash receipts $1.4M (up $0.4M MoM) on 961,635 Mcf at $1.46/Mcf.
Operating expenses $3.2M; capital expenditures $0.4M (down $0.5M MoM).

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