PVL declares $0.023/unit monthly distribution for January 2026

Permianville Royalty Trust

Distribution of $0.023 per unit payable Jan 15, 2026 to holders of record Dec 31, 2025.
Reported oil production 35,298 bbls at avg $62.97/bbl; gas 698,986 Mcf at $2.82/Mcf.
Oil cash receipts $2.2M (down $0.1M M/M); gas receipts $2.0M (down $0.3M M/M).
Operating expenses decreased $0.3M to $2.2M; capex increased $0.2M to $0.5M.
Sponsor added $0.3M to future-development reserve, total reserve now $1.5M.

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