Permianville Royalty Trust rose 9.72% intraday, with the company announcing a cash distribution of $0.016000 per unit, payable on September 15, 2025 to unitholders of record on August 29, 2025. The distribution represents reported oil production for May 2025 and natural gas production for April 2025, including accrued costs incurred in June 2025. The Trust, formed by Enduro Resource Partners LLC, holds a net profits interest representing approximately 80% of the net profits from the sale of oil and natural gas production from certain properties in Texas, Louisiana, and New Mexico.
Comments
No comments yet