DividendJun 18, 2026, 11:02 AM
PermRock Royalty Trust Declares $0.030485 Monthly Cash Distribution
AI Summary
PermRock Royalty Trust announced a monthly cash distribution of $370,879.54, or $0.030485 per Trust Unit, payable on July 15, 2026. This distribution is based on April 2026 production. The Trust reported an increase in oil sales volumes and prices, contributing to higher oil cash receipts. Natural gas cash receipts decreased due to lower volumes, despite higher prices. Operating expenses saw a reduction, while taxes increased.
Key Highlights
- PermRock Royalty Trust declared a monthly cash distribution of $370,879.54 ($0.030485 per Trust Unit).
- The distribution is for record holders as of June 30, 2026, and payable on July 15, 2026.
- Underlying oil sales volumes increased to 16,905 Bbls (564 Bbls/D) from 16,058 Bbls (518 Bbls/D).
- Average oil price increased to $94.20 per Bbl from $84.11 per Bbl.
- Natural gas sales volumes decreased to 5,278 Mcf (176 Mcf/D) from 22,407 Mcf (723 Mcf/D).
- Average natural gas price increased to $3.72 per Mcf from $1.61 per Mcf.
- Total direct operating expenses decreased by $0.36 million to $0.57 million.
- Severance and ad valorem taxes increased by $0.15 million to $0.21 million.
Price Impact
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