secwatch.observer — SEC 8-K summary
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Issuer:     Permianville Royalty Trust (PVL)
CIK:        0001520048
Form:       8-K
Filed at:   2025-01-17T23:59:59+00:00
Accession:  0001104659-25-004484
Event type: other_material
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Permianville Trust suspends Feb distribution on $1.3M shortfall; cumulative deficit $2.2M
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- Elevated capex caused $1.3M shortfall; no distribution payable in Feb 2025 to unitholders of record Jan 30.
- Cumulative net profits shortfall now $2.2M; distributions resume once shortfall eliminated.
- Oil sales 36,977 Bbls at $76.92/Bbl; natural gas 386,922 Mcf at $1.63/Mcf.
- Total operating expenses $2.2M; capex $2.9M (down $0.5M but still high).
- Sponsor expects positive net profits in 2025 based on current commodity prices.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1520048/000110465925004484/0001104659-25-004484-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1520048/000110465925004484/tm253705d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-004484

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer