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Monthly Cash Distribution from PermRock Royalty Trust

PermRock Royalty Trust (NYSE: PRT) has officially announced its latest monthly cash distribution for trust unit holders. This significant financial announcement reveals that the amount being distributed totals $486,905.16, which translates to $0.040022 per Trust Unit. This particular distribution is intended for the record holders of trust units as of March 31, 2025 and will be payable on April 14, 2025. The financial details reported center around the production results for January 2025, which have been influential in determining the amounts distributed to the unitholders.

Key Financial Insights

Sales Volumes and Prices

The recent calculations underpinning the Trust’s profits indicate the underlying sales volumes of both oil and natural gas:

• - Oil:

- Current Month: 22,173 Bbls
- Average Price: $72.98 per Bbl
- Prior Month: 24,965 Bbls
- Average Price: $67.55 per Bbl

• - Natural Gas:

- Current Month: 25,576 Mcf
- Average Price: $3.98 per Mcf
- Prior Month: 25,214 Mcf
- Average Price: $3.12 per Mcf

In summary, the Trust realized total cash receipts of $1.62 million from oil during the current month, reflecting a minor decrease of $0.07 million from the previous period, primarily attributable to a dip in sales volumes. Conversely, cash receipts from natural gas rose to $0.10 million, marking an increase of $0.02 million driven by rising sales prices and volumes in this sector.

Operating Expenses

Total operating expenses this month, including various costs like marketing and lease operating expenses, amounted to $0.71 million, which is a slight increase of $0.01 million from the prior month’s figures. The calculation for net profits this month also incorporated severance and ad valorem taxes totalling $0.15 million. The Trust also noted capital expenses of $0.06 million, up from last month’s $0.02 million, as reserves allocated for future obligations were tackled.

Insights from Boaz Energy

Boaz Energy has communicated that this month’s net profits calculation incorporates $144,000 that had previously been reserved to address future financial obligations. This strategic management of funds is indicative of the careful approach taken by the Trust to maximize investor returns while maintaining financial stability.

About PermRock Royalty Trust

PermRock Royalty Trust represents a partnership grounded in the production of oil and natural gas, specifically operating within the Permian Basin of West Texas. The Trust has been established by Boaz Energy II, LLC, which engages in practices that grant the Trust the right to 80% of net profits derived from the sale of oil and gas produced from designated properties within this rich geological region.

To learn more about PermRock Royalty Trust and its ongoing operations, you may visit their official website at www.permrock.com.

Looking Ahead

As we move forward, investors and holders of Trust Units should take note of the inherent volatility and varying factors affecting commodity prices and sales volumes. The Trust highlights the importance of its forward-looking statements, noting that future distributions are subject to several challenges including market fluctuations and operational metrics.

Overall, the announcement not only solidifies the Trust's commitment to providing returns to its investors but also illustrates the dynamic landscape of the oil and natural gas sector. Stakeholders are encouraged to keep abreast of updates and operational efficiency reports as they unfold throughout the fiscal year, positioning themselves to make informed decisions based on the developments within this vital industry.