DividendMay 18, 2026, 11:17 AM
PermRock Royalty Trust Declares $0.002664/Unit Cash Distribution
AI Summary
PermRock Royalty Trust announced a monthly cash distribution of $0.002664 per trust unit, totaling $32,413.45. This distribution, based on March 2026 production, will be paid on June 12, 2026, to unitholders of record as of May 29, 2026. The increase in oil sales volumes and prices led to higher oil cash receipts, though direct operating expenses and taxes also saw increases.
Key Highlights
- PermRock Royalty Trust declared a cash distribution of $32,413.45 ($0.002664 per Trust Unit).
- The distribution is for record holders as of May 29, 2026, payable on June 12, 2026.
- Distribution is based principally on production during March 2026.
- Current month oil sales volume was 16,058 Bbls at an average price of $84.11 per Bbl.
- Current month natural gas sales volume was 22,407 Mcf at an average price of $1.61 per Mcf.
- Oil cash receipts totaled $1.35 million, an increase of $0.53 million from prior month.
- Total direct operating expenses were $0.93 million, an increase of $0.48 million from prior month.
- Capital expenditures for the current month totaled $9,317.
Price Impact
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