dividend
confidence high
sentiment neutral
materiality 0.25
PermRock Royalty Trust declares monthly cash distribution of $0.022579 per unit
PermRock Royalty Trust
- Distribution of $274,696.04 ($0.022579/unit) payable Aug 14, 2026 to holders of record July 31, 2026, based on May 2026 production.
- Underlying oil sales: 15,086 Bbls at $104.89/Bbl; natural gas: 19,692 Mcf at $0.71/Mcf.
- Oil cash receipts $1.58M, down $0.01M from prior month due to lower volumes partially offset by higher prices.
- Total direct operating expenses $0.49M, down $0.08M from prior month.
- Net profits calculation includes $385,000 reserve for future ad valorem taxes and workovers.