PermRock Royalty Trust Announces Latest Monthly Cash Distribution for Investors
The PermRock Royalty Trust (NYSE: PRT) has publicly declared a monthly cash distribution of $371,192.79 to record holders of its trust units. This announcement, made on May 19, 2025, is set to benefit those holding trust units as of May 30, 2025, with payments scheduled for June 13, 2025.
The distribution amount of $0.030511 per trust unit is largely based on oil and natural gas production metrics for March 2025. A detailed examination of the trust’s sales volumes, together with the average wellhead prices received, indicates a significant engagement in oil and gas markets.
The trust reported the following metrics for the current and previous month:
The total cash receipts for oil sales amounted to approximately $1.49 million, reflecting a slight decrease of $0.01 million compared to the previous distribution cycle. Concurrently, cash receipts for natural gas fell to $0.08 million, down by $0.03 million, primarily driven by reduced sales prices and volumes. Overall operating expenses came to $0.60 million for direct operations, which shows a decrease from the previous month’s reporting period. Additional expenses, including severance and ad valorem taxes for this month’s net profits calculation, accounted for $0.14 million.
PermRock Royalty Trust is a Delaware statutory trust dedicated to holding a net profits interest that entitles it to 80% of the net profits from the sale of oil and gas production located in the Permian Basin of West Texas. The trust operates primarily through T2S Permian Acquisition II LLC, managing assets in one of the leading regions for oil and gas extraction. For further insights and comprehensive information about the trust’s activities, stakeholders are encouraged to visit the official website: www.permrock.com.
This announcement contains forward-looking statements that reflect the expectations of the Trust and T2S concerning future events. The Trust's actual financial performance can substantially differ from those predicted due to market volatility, operational expenses, and unpredictable outcomes associated with drilling activities. Stakeholders should reference the Trust's Annual Report on Form 10-K filed with the SEC on March 31, 2025, for important risk factors and other disclosures.
Through transparency in financial distribution and operational updates, PermRock Royalty Trust continues to reaffirm its commitment to providing valuable returns to its investors amidst fluctuating market conditions.
The distribution amount of $0.030511 per trust unit is largely based on oil and natural gas production metrics for March 2025. A detailed examination of the trust’s sales volumes, together with the average wellhead prices received, indicates a significant engagement in oil and gas markets.
Sales Volumes and Prices:
The trust reported the following metrics for the current and previous month:
- - Oil Sales: 22,232 barrels with an average price of $66.92 per barrel, versus the previous month's volume of 21,413 barrels at $70.27.
- - Natural Gas Sales: 24,848 Mcf at $3.19, compared to 25,759 Mcf at $4.15 the prior month.
The total cash receipts for oil sales amounted to approximately $1.49 million, reflecting a slight decrease of $0.01 million compared to the previous distribution cycle. Concurrently, cash receipts for natural gas fell to $0.08 million, down by $0.03 million, primarily driven by reduced sales prices and volumes. Overall operating expenses came to $0.60 million for direct operations, which shows a decrease from the previous month’s reporting period. Additional expenses, including severance and ad valorem taxes for this month’s net profits calculation, accounted for $0.14 million.
About PermRock Royalty Trust
PermRock Royalty Trust is a Delaware statutory trust dedicated to holding a net profits interest that entitles it to 80% of the net profits from the sale of oil and gas production located in the Permian Basin of West Texas. The trust operates primarily through T2S Permian Acquisition II LLC, managing assets in one of the leading regions for oil and gas extraction. For further insights and comprehensive information about the trust’s activities, stakeholders are encouraged to visit the official website: www.permrock.com.
Cautionary Notes Regarding Forward-Looking Statements
This announcement contains forward-looking statements that reflect the expectations of the Trust and T2S concerning future events. The Trust's actual financial performance can substantially differ from those predicted due to market volatility, operational expenses, and unpredictable outcomes associated with drilling activities. Stakeholders should reference the Trust's Annual Report on Form 10-K filed with the SEC on March 31, 2025, for important risk factors and other disclosures.
Through transparency in financial distribution and operational updates, PermRock Royalty Trust continues to reaffirm its commitment to providing valuable returns to its investors amidst fluctuating market conditions.
Topics Financial Services & Investing）
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