{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-014774","form_type":"8-K","ticker":"PVL","cik":"0001520048","company_name":"Permianville Royalty Trust","filed_at":"2025-02-18T23:59:59+00:00","discovered_at":"2026-05-14T18:03:03.872278+00:00","generated_at":"2026-05-26T16:05:14.398109+00:00","sec_items":["2.02","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Permianville Royalty Trust reports net profits shortfall of $1.4M; no March distribution","bullets":["Cumulative shortfall declined from ~$2.2M to ~$1.4M; no distribution for March 2025 to unitholders of record Feb 28, 2025.","Excluding shortfall, income would have been ~$0.8M or $0.02345 per unit.","Oil production 39,754 Bbls (1,325 Bbls/d) at avg $76.61/Bbl; natural gas 380,827 Mcf (12,285 Mcf/d) at $1.97/Mcf.","Total accrued operating expenses decreased $0.2M to $2.0M; capital expenditures decreased $2.0M to $0.9M, still elevated due to Haynesville drilling.","Sponsor expects Underlying Properties to return to positive net profits in 2025 based on current commodity prices."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-014774","json":"https://secwatch.observer/filing/0001104659-25-014774.json","markdown":"https://secwatch.observer/filing/0001104659-25-014774.md","text":"https://secwatch.observer/filing/0001104659-25-014774.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1520048/000110465925014774/0001104659-25-014774-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1520048/000110465925014774/tm256896d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-26T16:05:14.398109+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"}