other material
confidence high
sentiment neutral
materiality 0.35
PermRock Royalty Trust declares $0.090418/unit monthly distribution for Sept 2022 production
PermRock Royalty Trust
- Monthly cash distribution $1,100,008.01 ($0.090418/unit); record Nov 30, payable Dec 14, 2022.
- Oil sales 27,842 Bbls at $84.90/bbl vs prior month $95.15; gas 33,602 Mcf at $9.01/Mcf vs $8.93.
- Oil cash receipts $2.36M (down $0.37M); natural gas receipts $0.30M (down $0.01M).
- Operating expenses $0.74M; capital expenses $0.61M, increase due to Permian Abo re-entry project.
- Boaz Energy applied $304k previously reserved funds to net profits calculation.