dividend
confidence high
sentiment neutral
materiality 0.25
PermRock Royalty Trust declares $0.0807/unit monthly distribution based on Oct 2022 production
PermRock Royalty Trust
- Monthly cash distribution of $981,975.52 ($0.080716/unit) declared, payable Jan 17, 2023 to holders of record Dec 30, 2022.
- Distribution based on Oct 2022 production: oil sales 28,298 Bbls at $85.53/Bbl, gas 32,584 Mcf at $6.81/Mcf.
- Oil cash receipts $2.42M (+$0.06M MoM); natural gas receipts $0.22M (-$0.08M).
- Direct operating expenses $0.77M (+$0.03M); capital expenses $0.34M (-$0.27M) due to re-entry project completion.
- Net profits calculation included $40,000 from previously reserved funds by Boaz Energy.