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PermRock Royalty Trust Trust Unit - $PRT STOCK NEWS

Welcome to our dedicated page for PermRock Royalty Trust Trust Unit news (Ticker: $PRT), a resource for investors and traders seeking the latest updates and insights on PermRock Royalty Trust Trust Unit stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect PermRock Royalty Trust Trust Unit's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of PermRock Royalty Trust Trust Unit's position in the market.

News
PermRock Royalty Trust Declares Monthly Cash Distribution
Rhea-AI Summary
PermRock Royalty Trust (NYSE:PRT) has declared a monthly cash distribution of $373,183.26 ($0.030674 per Trust Unit) to record holders as of April 30, 2024, based on production in February 2024. Oil cash receipts increased to $1.73 million, while natural gas cash receipts decreased to $0.09 million. Total direct operating expenses rose to $0.74 million, with capital expenses decreasing to $0.23 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.75%
Tags
none
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News
PermRock Royalty Trust Declares Monthly Cash Distribution
Rhea-AI Summary
PermRock Royalty Trust (NYSE:PRT) announced a monthly cash distribution of $279,468.85 ($0.022971 per Trust Unit) for March 2024, based on January 2024 production. Oil sales volumes decreased, leading to a $0.21 million drop in oil cash receipts, while natural gas cash receipts increased by $0.01 million. Operating expenses decreased, but capital expenses rose due to drilling activities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.12%
Tags
none
-
News
PermRock Royalty Trust Declares Monthly Cash Distribution
Rhea-AI Summary
PermRock Royalty Trust (PRT) declares a monthly cash distribution to record holders of Trust Units, totaling $422,639.42 ($0.034740 per Trust Unit) based on December 2023 production. Oil cash receipts decreased, but natural gas cash receipts increased. Operating expenses decreased, while taxes increased. Capital expenses decreased, and $40,000 was reserved for future obligations.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
News
PermRock Royalty Trust Declares Monthly Cash Distribution
Rhea-AI Summary
PermRock Royalty Trust (PRT) has declared a monthly cash distribution to record holders of its trust units, amounting to $420,393.59 ($0.034555 per Trust Unit), based on production during November 2023. The oil and natural gas sales volumes and average received wellhead prices have been detailed, with a decrease in cash receipts for both oil and natural gas. Operating expenses have increased, while taxes and capital expenses have seen fluctuations.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2%
Tags
none
-
News
PermRock Royalty Trust Declares Monthly Cash Distribution
Rhea-AI Summary
PermRock Royalty Trust (PRT) declared a monthly cash distribution of $0.030299 per Trust Unit, based on production during October 2023. Oil cash receipts decreased by $0.07 million, and natural gas cash receipts decreased by $0.01 million compared to the prior month. Direct operating expenses decreased by $0.10 million, but capital expenses increased by $0.37 million due to non-operated drilling of a well in Glasscock County, Texas.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.14%
Tags
none
-
News
PermRock Royalty Trust Declares Monthly Cash Distribution
Rhea-AI Summary
PermRock Royalty Trust (NYSE:PRT) declared a monthly cash distribution of $490,308.12 ($0.040302 per Trust Unit) to record holders of its Trust Units. The distribution is based on production during September 2023, with an increase in oil sales volumes and prices contributing to higher oil cash receipts. However, natural gas cash receipts decreased due to a decrease in natural gas sales volumes. Total direct operating expenses increased by $0.11 million from the prior month. Capital expenses remained essentially unchanged, with Boaz Energy reporting expenses primarily related to stimulation of a well in the Permian Shelf to increase production.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.4%
Tags
none
News
PermRock Royalty Trust Declares Monthly Cash Distribution
Rhea-AI Summary
PermRock Royalty Trust declares monthly cash distribution based on production in August 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.29%
Tags
none
-
News
PermRock Royalty Trust Declares Monthly Cash Distribution
Rhea-AI Summary
PermRock Royalty Trust declares monthly cash distribution of $494,250.09 ($0.040626 per Trust Unit) based on production in July 2023. Oil cash receipts increase by $0.22 million, natural gas cash receipts increase by $0.03 million. Total direct operating expenses increase by $0.37 million. Capital expenses increase by $0.18 million due to well upgrades in Texas.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.03%
Tags
none
-
News
PermRock Royalty Trust Declares Monthly Cash Distribution
Rhea-AI Summary
PermRock Royalty Trust declares monthly cash distribution of $489,082.69 ($0.040201 per Trust Unit) based on June 2023 production. Oil cash receipts decrease by $0.24 million due to lower sales volumes and prices. Natural gas cash receipts decrease by $0.02 million. Direct operating expenses decrease by $0.20 million. Capital expenses decrease by $0.02 million. Boaz Energy reserves $40,000 for future capital obligations and expenses.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.4%
Tags
none
News
PermRock Royalty Trust Declares Monthly Cash Distribution
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
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Stock PRT logo
PermRock Royalty Trust Trust Unit

NYSE:PRT

PRT Rankings

#4772 Ranked by Market Cap
N/A Ranked by Stock Gains
N/A Ranked by Dividends

PRT Stock Data

47.81M
7.27M
40.23%
1.19%
0.25%
Crude Petroleum and Natural Gas Extraction
Mining, Quarrying, and Oil and Gas Extraction
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United States of America
DALLAS