PermRock Royalty Trust Announces Monthly Cash Distribution to Beneficial Interest Holders

Overview of Monthly Cash Distribution

On March 20, 2026, PermRock Royalty Trust (NYSE: PRT) made an announcement about the declaration of its monthly cash distribution for individuals holding trust units. This distribution is based on the performance of the Trust for the month of January 2026. Specifically, record holders will receive $36,445.91, which translates to $0.002995 per Trust Unit. This financial decision reflects the Trust’s ongoing commitment to its investors and provides insights into operational efficiencies gleaned from recent production reports.

Production Insights

To understand the basis behind the latest distribution figures, it is essential to look at the operational data. According to the recent reports, the Trust posted the following production volumes and average prices for its oil and natural gas:

- Oil Production: 12,110 barrels
- Natural Gas Production: 34,753 Mcf
- Average Price per Barrel (Oil): $57.04
- Average Price per Mcf (Natural Gas): $0.79

For comparison, November’s figures showed a higher oil production of 16,605 barrels with a slightly lower average price of $56.95 per barrel. A decrease of $0.26 million in cash receipts resulted from a decline in oil sales volumes despite the increase in prices, marking a challenging period for revenue.

Financial Breakdown

The cash receipts for oil productions reported were around $0.69 million, while those for natural gas remained stable at $0.03 million. However, the natural gas prices have seen a decline, counterbalanced by an increase in sales volumes.
The Trust's operational costs have also declined, with total direct operating expenses recorded at $0.34 million, a notable decrease from $0.13 million from the previous month. This improvement in operating expenses is attributed largely to reductions in lease operational costs. Severance and ad valorem taxes, factored into this month's net profit calculation, total $0.08 million, showing little variation from prior estimates.

Capital Expenditures and Future Outlook

Regarding future capital expenses, the Trust reported minimal capital expenditures for the current month, totaling only $4,987, related to completion costs. This leaves a net worth of $84,933 reserved by T2S given the anticipated future obligations and expenses that will be seen in upcoming periods.

About PermRock Royalty Trust

PermRock Royalty Trust is a recognized Delaware statutory trust that focuses on a royalty interest granting it the right to 80% of the net profits generated from oil and natural gas sales from properties managed by T2S in the Permian Basin, West Texas. Since its establishment, the Trust has maintained a stable path of distributions to its unitholders, standing by its strategic initiatives amidst fluctuations in the energy market.
For further updates, please visit PermRock Royalty Trust's website.

Conclusion

Through careful management of its resources and expenses, PermRock continues to navigate the complexities of the oil and gas industry while delivering consistent returns to its investors. The advancements in operational efficiency and careful financial handling reflect the Trust's commitment to its stakeholders, reassuring confidence in its future endeavors.

Forward-Looking Statements

Investors should note that certain statements in this release are forward-looking and subject to changes based on market conditions and operational factors. Thus, monitoring the Trust's strategies and performance updates is advisable for stakeholders interested in future projections and distributions.