dividend
confidence high
sentiment neutral
materiality 0.25
PermRock Royalty Trust declares monthly distribution of $0.093361 per unit
PermRock Royalty Trust
- Cash distribution of $1,135,816.79 ($0.093361/unit) payable Nov 15, 2022 to holders of record Oct 31, 2022.
- Based on August 2022 production: oil volumes 28,651 Bbls at $95.15/Bbl; natural gas 34,677 Mcf at $8.93/Mcf.
- Oil cash receipts $2.73M, down $0.16M due to lower oil prices; natural gas receipts $0.31M, up slightly.
- Operating expenses $0.75M, capital expenses $0.53M (up $0.24M primarily for reworking an injection well).
- Net profits calculation included $96,000 previously reserved by Boaz Energy.