secwatch.observer — SEC 8-K summary
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Issuer:     Permianville Royalty Trust (PVL)
CIK:        0001520048
Form:       8-K
Filed at:   2025-02-18T23:59:59+00:00
Accession:  0001104659-25-014774
Event type: other_material
Sentiment:  negative
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Permianville Royalty Trust reports net profits shortfall of $1.4M; no March distribution
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1520048/000110465925014774/0001104659-25-014774-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1520048/000110465925014774/tm256896d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-014774

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