{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-24-128905","form_type":"8-K","ticker":"PVL","cik":"0001520048","company_name":"Permianville Royalty Trust","filed_at":"2024-12-16T23:59:59+00:00","discovered_at":"2026-05-14T18:03:08.673633+00:00","generated_at":"2026-05-29T02:53:24.372427+00:00","sec_items":["2.02","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Permianville Royalty Trust skips January 2025 distribution on $1.9M shortfall","bullets":["Capital expenditures surged $3.2M to $3.4M from non-operated drilling by super-majors and large private E&P.","Oil cash receipts $2.6M ($70.14/bbl) vs $3.1M prior month; gas receipts flat at $0.7M ($1.60/Mcf).","Sponsor released $1.0M cash reserve, reducing shortfall to ~$0.9M; cumulative shortfall will reduce future net profits.","Oil production 37,649 Bbls (1,255 Bbls/d); natural gas 412,711 Mcf (13,313 Mcf/d) for the reporting months.","Trust expects positive net profits in 2025 based on current commodity prices."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-24-128905","json":"https://secwatch.observer/filing/0001104659-24-128905.json","markdown":"https://secwatch.observer/filing/0001104659-24-128905.md","text":"https://secwatch.observer/filing/0001104659-24-128905.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1520048/000110465924128905/0001104659-24-128905-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1520048/000110465924128905/tm2431192d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-29T02:53:24.372427+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}