Monthly Cash Distribution Announced by PermRock Royalty Trust for June 2025

Monthly Cash Distribution from PermRock Royalty Trust



PermRock Royalty Trust (NYSE: PRT) recently announced its monthly cash distribution for the month of June 2025, revealing a total payout amounting to $539,693 or $0.044361 per Trust Unit. This distribution is directed towards the record holders of the trust units, having referred to data collected as of June 30, 2025, and it is slated for payment on July 15, 2025. The payout reflects earnings based primarily on the production data from April 2025.

Production and Sales Overview



In terms of volume, the underlying operations exhibited a total oil production of 21,171 barrels and natural gas output of 35,024 Mcf for the month. Comparatively, during the previous month's assessment (March 2025), oil output was slightly higher at 22,232 barrels and natural gas production recorded at 24,848 Mcf. The report highlights an average selling price of $61.82 per barrel for oil, down from $66.92 the previous month, while natural gas showed an average price of $2.61 per Mcf, down from $3.19.

The cash receipts from oil sales accumulated to about $1.31 million, indicating a decline of $0.18 million from the earlier distribution phase. In contrast, natural gas sales showed a minor improvement with cash receipts amounting to $0.09 million, a slight increase of $0.01 million.

Financial Snapshot



Total operational expenses directly related to the trust's activities have been recorded at $0.32 million, revealing a reduction of $0.28 million compared to the prior month. The calculation for net profits also accounted for $0.13 million in severance and ad valorem taxes. Capital expenditures stood at $0.02 million, indicating a slight increase of $0.01 million from the previous month. This financial structure helps showcase how the trust is maneuvered among collecting revenues and managing costs effectively.

About PermRock Royalty Trust



PermRock Royalty Trust is established out of Delaware as a statutory trust, which owns a net profits interest entitling it to 80% of the net profits derived from oil and natural gas sales originating from specific properties owned and operated by T2S Permian Acquisition II LLC. Thus, the Trust becomes a fundamental entity in the oil and gas sector within the Permian Basin of West Texas. To find out more about the Trust, one can visit its official website at www.permrock.com.

Cautionary Statements



The press release includes forward-looking statements that indicate the Trust's and T2S's beliefs concerning future events. It emphasizes caution regarding anticipated distributions and acknowledges that variabilities in commodity prices directly influence the trust's cash receipts and subsequent payouts. Specific risks and uncertainties are noted, including drilling costs and operational risks, which could render actual results significantly different from projections made.

Contact


For any investor inquiries or further information, contact:
  • - Argent Trust Company, Trustee
  • - Jana Egeler, Vice President, Trust Administrator
  • - Toll-free (855) 588-7839
  • - Email: [email protected]

Topics Financial Services & Investing)

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