Permianville Royalty Trust Announces $0.016 Monthly Cash Distribution, Boosted by New Haynesville Wells

Permianville Royalty Trust has declared a $0.016 per unit cash distribution for unitholders, payable on September 15, 2025. The trust's net profits interest results in distributable income of approximately $0.5 million, driven by initial proceeds from new Haynesville wells. Natural gas cash receipts increased to $2.7 million, while underlying oil sales volumes were reported at 36,091 barrels.

Permianville Royalty Trust (NYSE: PVL), a Delaware statutory trust, has declared a monthly cash distribution of $0.016 per unit for unitholders, payable on September 15, 2025 [1]. The distributable income from the net profits interest amounts to approximately $0.5 million for the month, driven primarily by initial proceeds from new Haynesville wells that began producing in April 2025 [1, 3].

The cash distribution represents reported oil production for May 2025 and natural gas production for April 2025, including accrued costs incurred in June 2025 [1, 3]. Recorded oil cash receipts from the underlying properties totaled $2.2 million for the current month on realized wellhead prices of $60.62 per barrel, an increase of $0.1 million from the prior month [1, 3]. Natural gas cash receipts increased to $2.7 million, up by $1.5 million from the prior month, due to the new Haynesville wells [1, 3]. The three new wells, drilled by a public super major oil company, have initial production rates of approximately 60 million cubic feet per day each [1, 3].

Total accrued operating expenses increased by $0.4 million to $2.8 million, primarily due to an increase in midstream expenses related to the new wells [1, 3]. Capital expenditures decreased by $1.1 million to $0.1 million [1, 3]. The Trust's net profits interest represents approximately 80% of the net profits from the sale of oil and natural gas production from certain properties in Texas, Louisiana, and New Mexico [1, 2, 3].

The Trust's periodic distributions are expected to fluctuate based on actual production volumes, oil and gas prices, capital expenditures, and administrative expenses [1, 3]. Future distributions are anticipated to be made on a monthly basis.

References:
[1] https://www.permianvilleroyalty.com/news-releases/news-release-details/permianville-royalty-trust-announces-monthly-cash-52
[2] https://www.ainvest.com/news/permianville-royalty-trust-shares-rise-9-72-intraday-announcing-cash-distribution-0-016000-unit-2508/
[3] https://au.finance.yahoo.com/news/permianville-royalty-trust-announces-monthly-201500656.html