dividend
confidence high
sentiment neutral
materiality 0.30
PermRock Royalty Trust declares $0.040837/unit monthly distribution
PermRock Royalty Trust
- Distribution of $496,812.10 ($0.040837 per unit) payable Nov 14, 2023 to holders of record Oct 31, 2023.
- August 2023 production: oil 24,525 bbls at avg $79.44/bbl; nat gas 33,798 Mcf at $3.62/Mcf.
- Oil cash receipts $1.95M (up $0.08M); nat gas cash receipts $0.12M (up $0.02M) month-over-month.
- Operating expenses $0.76M (down $0.19M); capital expenses $0.15M (down $0.22M) from prior month.
- Net profits calculation included $160,000 reserved by Boaz Energy for future capital obligations.