Recent 8-K filings for PVL
Highest-materiality recent filing
Permianville Royalty Trust will not pay March distribution; $1.25M shortfall from elevated capex
- No monthly distribution for March 2024 (record date Feb 29) due to ~$1.25M shortfall; expenses exceeded cash receipts.
- Oil production 34,461 bbls (1,149 bbls/d) at $78.56/bbl; oil cash receipts $2.7M, down $1.5M month-over-month.
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Permianville Royalty Trust reports $0.3M shortfall, no August distribution due to elevated capex
Monthly net profits calculation shows $0.3M shortfall; no distribution payable in August 2025 to unitholders of record July 31.
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Permianville Royalty Trust reports no July distribution; net profits shortfall persists
No monthly distribution payable in July 2025; cash available was $0 after repaying $0.1M advance.
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Permianville Royalty Trust posts no June distribution; shortfall fully recouped
No monthly distribution payable in June 2025 to unitholders of record May 30, 2025.
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Permianville Trust reports no May distribution; cumulative shortfall shrinks to $0.6M
Cumulative net profits shortfall fell from $1.1M to $0.6M; no May 2025 distribution to unitholders of record Apr 30.
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Permianville Royalty Trust reports net profits shortfall of $1.4M; no March distribution
Cumulative shortfall declined from ~$2.2M to ~$1.4M; no distribution for March 2025 to unitholders of record Feb 28, 2025.
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Permianville Trust suspends Feb distribution on $1.3M shortfall; cumulative deficit $2.2M
Elevated capex caused $1.3M shortfall; no distribution payable in Feb 2025 to unitholders of record Jan 30.
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Permianville Royalty Trust skips January 2025 distribution on $1.9M shortfall
Capital expenditures surged $3.2M to $3.4M from non-operated drilling by super-majors and large private E&P.
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Permianville Royalty Trust declares $0.035/unit distribution; oil production down 58% MoM
Monthly distribution of $0.035 per unit, payable Sept 16, 2024 to holders of record Aug 30.
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Permianville Royalty Trust reports no July 2024 distribution; shortfall drops to $3.3M
Cumulative net profits shortfall declined from ~$3.9M to ~$3.3M; no distribution will be paid in July 2024 to unitholders.
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Permianville Royalty Trust reports no June distribution; cumulative shortfall narrows to $3.9M
Cumulative net profits shortfall decreased to $3.9M from $4.5M; no distribution payable in June 2024.
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Permianville Royalty Trust suspends May distribution; cumulative shortfall reaches $4.5M
No monthly distribution in May 2024 due to $1.9M shortfall in net profits calculation.
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Permianville Royalty Trust reports $1.4M shortfall; no April distribution
No monthly distribution in April 2024 due to $1.4M net profits shortfall; cumulative shortfall now $2.6M.
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Permianville Royalty Trust will not pay March distribution; $1.25M shortfall from elevated capex
No monthly distribution for March 2024 (record date Feb 29) due to ~$1.25M shortfall; expenses exceeded cash receipts.
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Permianville Royalty Trust posts $0.9M cumulative shortfall; no January 2024 distribution
Cumulative net profits shortfall declined to $0.9M from prior $1.2M; distribution suspended until shortfall eliminated.
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Permianville Royalty Trust reports ~$1.2M net profits shortfall; no December distribution
No monthly distribution payable in Dec 2023 to unitholders of record Nov 30, 2023 due to shortfall.
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Permianville Royalty Trust announces special distribution $0.06967/unit from property divestiture
Special cash distribution of $0.069670 per unit, payable Oct 13, record Oct 2.
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Permianville Royalty Trust closes sale of Permian assets; special distribution planned
Sponsor COERT Holdings 1 sold Permian Basin properties for ~$6.5M gross proceeds.
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Permianville Trust unitholders approve sponsor's sale of Permian Basin properties
Unitholders approved sale of Divestiture Properties by COERT Holdings I; >50% of units voted in favor.
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Permianville unitholders approve asset sale and distribution; governance amendments fail
Proposal 1 approved (56.0% of units); sponsor COERT Holdings 1 sells interests, trust releases NPI, proceeds to be distributed.
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Cash distribution of $0.053500 per unit, payable Aug 14, 2023 to holders of record July 31, 2023.
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Permianville Royalty Trust Announces Monthly Cash Distribution of $0.0125 per Unit
Monthly cash distribution of $0.012500 per unit payable on July 14, 2023 to unitholders of record on June 30, 2023.
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Permianville Royalty Trust declares $0.01935/unit monthly distribution for April 14 payment
Cash distribution of $0.019350 per unit payable April 14, 2023 to holders of record March 31, 2023.
Materiality & sentiment trend
Max materiality 0.85 · Median 0.50 · Most common event dividend