• PermRock Royalty Trust declares $539,693 monthly cash distribution.
• Distribution payable on July 15, 2025, at $0.044361 per unit.
• Based on April 2025 production.
• Oil cash receipts decreased by $0.18 million.
• Underlying sales volumes and prices are shown in the table.
PermRock Royalty Trust (NYSE: PRT) has announced a monthly cash distribution of $539,693, payable on July 15, 2025, to unitholders of record as of June 30, 2025. The distribution, based on April 2025 production, amounts to $0.044361 per unit.
The underlying sales volumes and prices for oil and natural gas are as follows:
| Underlying Sales Volumes | Average Price |
|-------------------------|----------------|
| Oil | $61.82 per Bbl |
| Natural Gas | $2.61 per Mcf |
Oil cash receipts for the properties underlying the Trust totaled $1.31 million for April 2025, a decrease of $0.18 million from the prior month. This decline was primarily due to a decrease in oil sales volumes and prices. Natural gas cash receipts, however, increased to $0.09 million, up by $0.01 million from the prior month, primarily due to an increase in natural gas sales volumes.
Total direct operating expenses, including marketing, lease operating expenses, and workover expenses, were $0.32 million, a decrease of $0.28 million from the prior month. Severance and ad valorem taxes included in this month's net profits calculation were $0.13 million. Capital expenses were $0.02 million, a slight increase of $0.01 million from the prior month's distribution period.
This distribution reflects the inherent volatility in energy commodity pricing and production volumes. The substantial drop in operating expenses suggests improved field management that's helping maintain distribution levels despite production and price headwinds.
References:
[1] https://www.prnewswire.com/news-releases/permrock-royalty-trust-declares-monthly-cash-distribution-302485510.html
[2] https://www.stocktitan.net/news/PRT/perm-rock-royalty-trust-declares-monthly-cash-7i5hs2xuhlz7.html
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