dividend
confidence high
sentiment neutral
materiality 0.30
PermRock Royalty Trust declares $0.070629 monthly distribution for Nov 2022 production
PermRock Royalty Trust
- Distribution of $859,260.12 ($0.070629 per unit) payable Feb 14, 2023 to holders of record Jan 31, 2023.
- Underlying oil sales: 26,948 bbls at avg $83.57/bbl; natural gas: 33,185 Mcf at $5.32/Mcf.
- Oil cash receipts fell $0.17M to $2.25M; gas receipts fell $0.04M to $0.18M month-over-month.
- Direct operating expenses rose $0.10M to $0.87M; capital expenses rose $0.11M to $0.45M.
- Boaz Energy applied $252,000 of previously reserved funds toward net profits calculation.