{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-036018","form_type":"8-K","ticker":"PVL","cik":"0001520048","company_name":"Permianville Royalty Trust","filed_at":"2025-04-17T23:59:59+00:00","discovered_at":"2026-05-14T18:02:48.589020+00:00","generated_at":"2026-05-23T11:49:22.657529+00:00","sec_items":["2.02","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Permianville Trust reports no May distribution; cumulative shortfall shrinks to $0.6M","bullets":["Cumulative net profits shortfall fell from $1.1M to $0.6M; no May 2025 distribution to unitholders of record Apr 30.","Excluding shortfall, net profits interest income would have been $0.5M ($0.015941/unit).","Oil production 37,927 Bbls at $72.92/Bbl; gas 379,445 Mcf at $2.66/Mcf; oil receipts $2.8M, gas $1.0M.","Operating expenses dropped $0.2M to $2.1M; capex steady at $1.0M due to three Haynesville wells by a super major.","Sponsor expects positive net profits in 2025; distributions cannot resume until shortfall eliminated."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-036018","json":"https://secwatch.observer/filing/0001104659-25-036018.json","markdown":"https://secwatch.observer/filing/0001104659-25-036018.md","text":"https://secwatch.observer/filing/0001104659-25-036018.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1520048/000110465925036018/0001104659-25-036018-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1520048/000110465925036018/tm2512524d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-23T11:49:22.657529+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"}