other_material
confidence high
sentiment neutral
materiality 0.50
Permianville Royalty Trust announces $0.016/unit monthly distribution; highlights new Haynesville wells
Permianville Royalty Trust
- Cash distribution of $0.016000 per unit payable Sept 15, 2025 to holders of record Aug 29.
- Distributable income from net profits interest ~$0.5M after recouping $0.3M shortfall and repaying $0.6M expense advances.
- Underlying oil production 36,091 Bbls at avg $60.62/Bbl; natural gas 837,886 Mcf at $3.22/Mcf.
- Three new Haynesville wells from a public super major began producing in April 2025 at ~60 MMcf/d each; additional drilling possible.
- Total accrued operating expenses rose $0.4M to $2.8M; capex decreased $1.1M to $0.1M.
item 2.02item 9.01