Welcome to our dedicated page for Permrock Royalty Trust news (Ticker: PRT), a resource for investors and traders seeking the latest updates and insights on Permrock Royalty Trust stock.
PermRock Royalty Trust (PRT) provides investors with oil and natural gas production income through its 80% net profits interest in Permian Basin operations. This page aggregates official announcements, financial disclosures, and operational updates critical for evaluating the trust's performance.
Access quarterly distribution details, production reports, and regulatory filings in one centralized location. Content spans reserve updates, expense adjustments, and strategic developments affecting net profits calculations. Investors benefit from transparent tracking of commodity price impacts and distribution mechanics.
All materials adhere to statutory trust reporting standards, ensuring reliability for financial decision-making. Bookmark this page for timely updates on PRT's oil receipts, operating cost trends, and unitholder distributions. Verify critical dates and review historical announcements through our organized archive.
On April 18, 2023, PermRock Royalty Trust (NYSE:PRT) announced a cash distribution of $375,777.62, approximately $0.030888 per Trust Unit, for holders of its Trust Units as of April 28, 2023. This distribution is based on production data from February 2023. Key figures include oil sales of 25,096 Bbls and natural gas sales of 33,908 Mcf, with oil prices averaging $73.41 per Bbl and natural gas at $4.23 per Mcf. However, oil cash receipts fell by $0.16 million and natural gas receipts decreased by $0.03 million compared to the previous month, attributed to lower sales volumes and prices. Operating expenses increased slightly by $0.02 million to $0.77 million, while capital expenses rose by $0.09 million, totaling $0.59 million. The Trust's financial outlook is affected by commodity price volatility and operational risks.
PermRock Royalty Trust (NYSE: PRT) has declared a monthly cash distribution of $611,451.25, equating to $0.050260 per Trust Unit, payable on April 14, 2023, for record holders as of March 31, 2023. This distribution is based primarily on production from January 2023. In January 2023, oil sales volumes decreased, leading to cash receipts of $2.00 million, down $0.35 million from the previous month. Natural gas receipts remained steady at $0.17 million. Direct operating expenses totaled $0.75 million, while capital expenses rose to $0.50 million, attributed to a project in the Permian Abo area.
PermRock Royalty Trust (NYSE: PRT) announced a monthly cash distribution of $732,586.70 ($0.060217 per Trust Unit) to be paid on March 14, 2023, based on December 2022 production data. The Trust's oil cash receipts reached $2.35 million, up by $0.10 million from the previous month due to increased oil sales volumes. However, natural gas cash receipts fell to $0.17 million, down $0.01 million, attributed to lower natural gas prices. Total direct operating expenses rose to $1.13 million, reflecting a $0.26 million increase. Capital expenses decreased to $0.31 million, a reduction of $0.14 million.
PermRock Royalty Trust (NYSE:PRT) announced a monthly cash distribution of
PermRock Royalty Trust (NYSE: PRT) announced a monthly cash distribution of $981,975.52 ($0.080716 per Trust Unit) for December 2022, payable on January 17, 2023. This amount is based on October 2022 production. Oil cash receipts increased to $2.42 million due to higher oil prices, while natural gas receipts decreased to $0.22 million. Total operating expenses rose to $0.77 million. Capital expenses fell to $0.34 million. The Trust's distributions rely on commodity price volatility, impacting future cash distributions.
PermRock Royalty Trust (NYSE:PRT) announced a monthly cash distribution of $1,100,008.01 ($0.090418 per Trust Unit) for record holders as of November 30, 2022, payable on December 14, 2022. This amount is based on September 2022's production. Oil cash receipts totaled $2.36 million, down $0.37 million from the previous month, attributed to lower oil prices and sales volumes. Natural gas receipts were $0.30 million, down $0.01 million. Total operating expenses were $0.74 million, and capital expenses rose to $0.61 million due to a re-entry project.
PermRock Royalty Trust (NYSE: PRT) declared a monthly cash distribution of $1,135,816.79 or $0.093361 per Trust Unit to holders as of October 31, 2022, payable on November 15, 2022. This distribution is primarily based on production from August 2022. Oil cash receipts decreased to $2.73 million due to falling prices, while natural gas receipts rose to $0.31 million due to higher sales volumes. Total direct operating expenses were $0.75 million, down $0.06 million, while capital expenses increased to $0.53 million.
PermRock Royalty Trust (NYSE:PRT) declared a monthly cash distribution of $1,132,255.37 or $0.093069 per Trust Unit for record holders as of September 30, 2022, payable on October 17, 2022. This distribution is based on production during July 2022. Oil cash receipts decreased to $2.89 million, a drop of $0.32 million from the previous month, attributed to lower oil prices. Natural gas receipts also fell to $0.30 million, down $0.03 million, due to decreased sales volumes and prices. Total direct operating expenses increased by $0.11 million to $0.81 million.
PermRock Royalty Trust (NYSE:PRT) announced a monthly cash distribution of $1,119,292.92 ($0.092003 per Trust Unit) for August 2022, payable on September 15, 2022. The distribution is primarily based on June 2022 production. Current month oil sales volumes decreased to 28,114 Bbls, while natural gas increased to 34,980 Mcf. Oil cash receipts were $3.21 million, down $0.11 million from the prior month, whereas natural gas cash receipts rose to $0.33 million. Total operating expenses were $0.70 million, reflecting a $0.09 million decrease.
PermRock Royalty Trust (NYSE:PRT) announced a monthly cash distribution of $1,103,463.10, equating to $0.090702 per Trust Unit, payable on August 12, 2022, to record holders as of July 29, 2022. This distribution is based on oil and natural gas production from May 2022. Current month oil sales totaled $3.32 million, a $0.27 million increase from the prior month, while natural gas receipts remained steady at $0.28 million. Direct operating expenses decreased to $0.79 million, and capital expenditures were $0.51 million, reflecting ongoing development activities in the Permian Basin.