#USA #Dallas #Natural Gas #PermRock Royalty Trust #oil production

PermRock Royalty Trust's Monthly Cash Distribution Announcement

On July 21, 2026, PermRock Royalty Trust (NYSE: PRT) announced its latest monthly cash distribution for holders of trust units. As of July 31, 2026, beneficiaries will receive a payout of $274,696.04, translating to $0.022579 per Trust unit. This allocation is grounded primarily in the oil and natural gas production figures from May 2026.

The underlying performance metrics reveal a steady production of oil and natural gas. Current figures indicate a total of 15,086 barrels of oil sold per day, accompanied by an average price of $104.89 per barrel. Natural gas production also saw a boost, with 19,692 thousand cubic feet sold at $0.71 per thousand cubic feet. Comparatively, the previous month’s figures showed higher oil production but lower prices, highlighting the fluctuating nature of these commodities.

While oil cash receipts amounted to approximately $1.58 million, marking a slight decrease from the prior month, natural gas revenues held steady at $0.01 million. Factors contributing to these shifts included a decrease in oil sales volumes for the current month, though offset by an uptick in prices. Natural gas’s weaker performance can be attributed to declining prices that counterbalanced a rise in sales volumes.

The total direct operating expenses for the Trust, which encompass various costs such as marketing and lease operations, reached $0.49 million for the month, which reflects a reduction of $0.08 million from the preceding month. The Trust's manager, T2S Permian Acquisition II LLC, indicated that improvements in operational efficiencies led to this decrease.

Tax implications also played a role in this month’s figures. The calculation exhibited a decrease of $0.14 million in severance and ad valorem taxes, coming in at $0.07 million, as a result of lower ad valorem tax obligations.

On the front of capital expenditures, the Trust reported $4,128, mainly associated with intangible and tangible costs related to non-operated wells. T2S also noted a reserve of $385,000 set aside for future ad valorem taxes and workover expenses, ensuring the Trust is well-prepared for upcoming financial obligations.

About PermRock Royalty Trust

PermRock Royalty Trust operates as a Delaware statutory trust that manages a net profits interest linked to the sale of oil and natural gas from properties in the Permian Basin, Texas. The Trust retains an 80% stake in the net profits derived from these resources. This recent distribution signals the Trust's ongoing commitment to its unit holders despite the inherent volatility in commodity markets.

Investors and interested parties are encouraged to follow the developments of PermRock Royalty Trust as it continues to navigate the fluctuations of the energy sector. For further insights, stakeholders can visit PermRock's official website for more detailed information.