Permianville Royalty Trust announces $0.015/unit monthly distribution, sets $0.5M capex reserve

Permianville Royalty Trust

Distribution of $0.015 per unit payable Nov 15, 2024 to holders of record Oct 31, 2024.
Oil volumes 52,287 bbls ($79.43/bbl) and gas volumes 1.1 Bcf ($2.44/Mcf), up from prior month.
Total accrued operating expenses $3.5M; capital expenditures $1.9M, up $1.6M month-over-month.
Sponsor withheld $0.5M from net profits to establish cash reserve for future development expenses.
First revenues received from five new Permian wells and two new Haynesville wells operated by super-major energy companies.

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