Permianville Royalty Trust Announces No June Distribution Due to Recouped Shortfall and Repayment of Prior Expenses

Monday, May 19, 2025 4:16 pm ET1min read

Permianville Royalty Trust announced a net profits interest calculation for May 2025, with reported oil production for February 2025 and natural gas production in January 2025. The calculation includes accrued costs incurred in March 2025. No cash remained available for distribution after repaying a $0.1 million cash advance, resulting in no monthly distribution for June 2025. Excluding the recoupment of the remaining net profits interest shortfall and repayment of prior expenses, income from the net profits interest in the current month would have been approximately $0.7 million or $0.021713 per unit.

Permianville Royalty Trust Announces No June Distribution Due to Recouped Shortfall and Repayment of Prior Expenses

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