PermRock Royalty Trust Declares Monthly Cash Distribution
On January 20, 2026, the PermRock Royalty Trust (NYSE: PRT) announced its monthly cash distribution for the holders of its trust units. As of January 30, 2026, the Trust will distribute a total of $235,849.49, which equates to $0.019386 per Trust Unit. This distribution is reflective of the production results from November 2025.
Summary of Production Results
The monthly report highlighted underlying sales volumes for both oil and natural gas. In the current month, oil production amounted to
15,857 barrels, while natural gas saw a total of
14,637 Mcf. Here’s a closer look at the current month’s production compared to the previous month:
| Product | Current Month | Prior Month | Average Price (Current) | Average Price (Prior) |
|---|
| ---- | --- | --- | ----- | ------- |
| Oil (Bbls) | 15,857 | 18,679 | $57.51 | $57.47 |
| Natural Gas (Mcf) | 14,637 | 12,952 | $2.20 | $1.21 |
The Trust recorded oil cash receipts of
$0.91 million, which shows a decrease of
$0.16 million from the prior distribution period. This decline is mainly attributed to reduced oil sales volumes as reported by T2S Permian Acquisition II LLC (T2S). On the other hand, cash receipts from natural gas increased slightly to
$0.03 million, an uptick driven by higher sales volumes and prices.
Operating Expenses and Tax Impact
Operating expenses for this period totaled
$0.41 million, representing a decrease of
$0.10 million from the previous month. The reductions in expenses stem from no conducted workovers during the month and a decrease in both chemical usage and maintenance costs. Additionally, the severance and ad valorem taxes included in this month's profit calculation came to
$0.03 million, which is
$0.09 million less than the previous month due to a tax credit applied from prior periods.
Future Outlook
Notably, T2S has reported no capital expenditures for this month, as all drilling activities planned for 2025 have been concluded. This significant pause in capital investment may lead to changes in production levels and operational strategies moving forward.
About PermRock Royalty Trust
PermRock Royalty Trust operates as a Delaware statutory trust and is designed to own a net profits interest. This interest allows it to receive 80% of the net profits generated from oil and natural gas production in the Permian Basin of West Texas. Interested parties can find more detailed information on the Trust’s performance and updates by visiting their website at
www.permrock.com.
Disclaimer Regarding Forward-Looking Statements
The Trust also issued a cautionary note regarding forward-looking statements. These statements reflect the expectations of the Trust and T2S concerning future events, which may lead to actual outcomes diverging from projected distributions and financial results. Factors such as commodity price fluctuations and operational uncertainties can significantly impact future earnings, necessitating a careful consideration of associated risks.
For further inquiries, please reach out to Nancy Willis, the Director of Royalty Trust at Argent Trust Company, through their toll-free number or their official contact methods.