secwatch.observer — SEC 8-K summary
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Issuer:     Permianville Royalty Trust (PVL)
CIK:        0001520048
Form:       8-K
Filed at:   2024-10-18T23:59:59+00:00
Accession:  0001104659-24-109857
Event type: dividend
Sentiment:  neutral
Materiality: 0.50
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1520048/000110465924109857/0001104659-24-109857-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1520048/000110465924109857/tm2426344d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-109857

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