secwatch.observer — SEC 8-K summary
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Issuer:     Permianville Royalty Trust (PVL)
CIK:        0001520048
Form:       8-K
Filed at:   2025-04-17T23:59:59+00:00
Accession:  0001104659-25-036018
Event type: other_material
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Permianville Trust reports no May distribution; cumulative shortfall shrinks to $0.6M
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1520048/000110465925036018/0001104659-25-036018-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1520048/000110465925036018/tm2512524d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-036018

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