PermRock Royalty Trust Announces Monthly Cash Distribution for April 2026
PermRock Royalty Trust Monthly Cash Distribution Announcement
On April 20, 2026, PermRock Royalty Trust (NYSE: PRT) officially announced its latest monthly cash distribution for record holders of the trust units as of April 30, 2026. Shareholders can expect their payments on May 14, 2026, amounting to $5,756.78 or approximately $0.000473 per trust unit. This distribution is largely based on production metrics reported for February 2026.
Current Operational Highlights
PermRock's latest figures indicate a robust sales performance. In February, the Trust experienced significant underlying sales volumes, with oil production reaching 13,416 barrels and natural gas production standing at 18,797 Mcf. Comparatively, the previous month's figures were lower, showcasing an increase in both commodities. The reported average received prices were $60.96 per barrel for oil and $1.70 per Mcf for natural gas. This performance marks a notable improvement, contributing to the larger cash distribution.
The Trust’s report included an increase of $0.13 million in oil cash receipts, which totaled about $0.82 million this month, driven chiefly by enhanced oil sales volumes alongside rising prices. However, natural gas cash receipts remained stable at $0.03 million, reflecting a decrease in sales volumes, despite an increase in natural gas prices.
Financial Overview
The Trust has also noted its total direct operating expenses for the month, amounting to $0.45 million, an increase of $0.11 million from the previous period. This rise is primarily attributed to higher lease operating expenses and workover costs. Interestingly, general taxes assessed for this month came to $0.04 million, slightly lower than last month, primarily due to reduced ad valorem tax impact.
In terms of capital expenditures, T2S Permian Acquisition II LLC reported no significant expenses this month, having completed all planned drilling in 2025.
About PermRock Royalty Trust
PermRock Royalty Trust, established as a Delaware statutory trust, holds a net profits interest entitling it to 80% of the net profits from the sale of oil and natural gas produced from specific properties managed by T2S in the Permian Basin of West Texas. This structure allows the Trust to distribute monthly cash earnings to its unit holders, reflecting its operational efficacy and the performance of the underlying assets.
For further details about the Trust and its financial activities, please refer to its official website at www.permrock.com.
Forward-Looking Statements
It is essential to note that certain statements contained in this announcement may be viewed as forward-looking statements. These predict future events and conditions concerning the Trust and T2S, and actual outcomes may vary due to various factors, including market dynamics and operational challenges. Investors are encouraged to consider these risks and review the Trust’s filings with the SEC for a deeper understanding of potential impacts on financial performance.
Contact Information
For additional queries or information, investors and interested parties can reach out directly to:
PermRock Royalty Trust
Argent Trust Company, Trustee
Nancy Willis, Director of Royalty Trust Services
Toll-free: (855) 588-7839
Fax: (214) 559-7010
Email: [email protected]
Topics Financial Services & Investing）
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