PermRock Royalty Trust Announces Monthly Cash Payout for Shareholders

Overview of Monthly Cash Distribution

The PermRock Royalty Trust (NYSE: PRT) has made headlines with its latest announcement regarding the monthly cash distribution to its trust unit holders. As of May 29, 2026, the trust will distribute a total of $32,413.45, which equates to $0.002664 per trust unit. This payout is primarily based on the production figures from March 2026.

Production Summary

The breakdown of the production data is as follows: the current month recorded oil production of 16,058 barrels and natural gas production of 22,407 Mcf. In comparison, the previous month’s figures were 13,416 barrels for oil and 18,797 Mcf for natural gas. This increase indicates a strong upward trend in the Trust's production capabilities, with oil prices averaging $84.11 per barrel and natural gas prices at $1.61 per Mcf, reflecting the ongoing fluctuations in the market.

Overall cash receipts from oil reached $1.35 million, marking a significant increase of $0.53 million from the previous month. Similarly, natural gas cash receipts improved slightly, totaling $0.04 million.

Expenses and Taxation

On the other hand, the expenses incurred during this period saw a rise, with total direct operational costs reaching $0.93 million. This rise of $0.48 million from the previous month is attributed to higher marketing, lease operating costs, and workover expenditures. The involved T2S Permian Acquisition II LLC (T2S) also reported an increase in severance and ad valorem taxes, totaling $0.06 million, which is an increase of $0.02 million from the prior month.

Future Considerations

Additionally, capital expenditures for this month amounted to $9,317, which relates to intangible completion costs. T2S has set aside $50,000 for future ad valorem taxes, emphasizing the caveats of planning for tax obligations in the oil and gas sector.

About PermRock Royalty Trust

PermRock Royalty Trust is established as a Delaware statutory trust and holds a net profits interest entitling it to receive 80% of net profits derived from the sale of oil and natural gas produced from designated properties operated by T2S in the Permian Basin, West Texas. Interested parties can acquire more information from the Trust's official website: www.permrock.com.

Cautionary Statements

It is crucial for investors to understand that certain statements within this release constitute "forward-looking statements". These claims represent the Trust's expectations or beliefs regarding future events and may not materialize as anticipated due to various influencing factors such as price volatility in commodities and operational risks tied to drilling activities. Investors should carefully consider these factors and review the Trust's complete filings with the SEC for a comprehensive understanding of associated risks. This report and any forecasts shared herein should be reviewed critically, acknowledging the fluidity of market conditions.

In conclusion, the PermRock Royalty Trust's declaration of its monthly cash distribution highlights its commitment to providing returns to its unit holders, grounded in the performance of its oil and natural gas assets. As economic tendencies continue to shift, the Trust adapts its strategies to navigate the industry landscape effectively.