Permrock Royalty Trust Stock Price, News & Analysis

PermRock Royalty Trust (NYSE: PRT) declared a cash distribution of $566,240.02 (or $0.046543 per Trust Unit) to be paid on April 14, 2021, based on January 2021 production. The current month saw oil cash receipts of $1.76 million and natural gas receipts of $0.18 million, with increases attributed to rising prices. Total operating expenses were $0.46 million, down $0.23 million from the prior month. Capital expenditures decreased to $0.18 million. The Trust holds an 80% net profits interest in oil and gas production from properties in the Permian Basin.

PermRock Royalty Trust (NYSE:PRT) announced a cash distribution of $288,385.40, translating to $0.023704 per trust unit, for record holders as of February 26, 2021, payable on March 12, 2021. The distribution is based on December 2020 production. Oil cash receipts reached $1.56 million, while natural gas contributed $0.14 million, both showing increases attributed to rising prices. Total operating expenses increased to $0.69 million, while capital expenditures decreased to $0.28 million, reflecting reduced drilling activity. The Trust highlighted ongoing volatility in commodity prices as a significant risk factor.

PermRock Royalty Trust (NYSE:PRT) announced a monthly cash distribution of $193,802.60 ($0.015930 per Trust Unit) for record holders as of January 29, 2021, payable on February 12, 2021. This distribution is based on oil and natural gas production data from November 2020. The Trust reported an increase in oil cash receipts to $1.37 million, up $0.06 million from the prior month, and natural gas receipts rose to $0.11 million, an increase of $0.02 million. Total operating expenses for the month were $0.63 million.

PermRock Royalty Trust (NYSE:PRT) announced a monthly cash distribution of $181,440.02 ($0.014914 per Trust Unit) for record holders as of December 31, 2020, payable on January 15, 2021. This distribution is primarily based on October 2020 production. Oil cash receipts rose to $1.31 million, marking an increase of $0.09 million due to higher sales volumes, while natural gas receipts decreased to $0.09 million, down $0.02 million. Total direct operating expenses were $0.55 million, reflecting a slight decrease, while capital expenditures increased to $0.40 million.

PermRock Royalty Trust (NYSE:PRT) announced a monthly cash distribution of $247,982.07 or $0.020383 per Trust Unit to be paid on December 14, 2020. This distribution is primarily based on oil and natural gas production for September 2020. Oil cash receipts decreased to $1.22 million, down $0.19 million due to lower sales volumes and prices. Natural gas receipts remained steady at $0.11 million. Total operating expenses rose to $0.56 million, reflecting a $0.06 million increase, while capital expenditures decreased to $0.21 million.

PermRock Royalty Trust (NYSE:PRT) has declared a monthly cash distribution of $164,082.52 or $0.013487 per Trust Unit, based on August 2020 production. The distribution is payable on November 16, 2020, to record holders on October 30, 2020. Oil cash receipts totaled $1.41 million, reflecting a minor decrease of $0.02 million, while natural gas receipts rose to $0.11 million, up by $0.03 million. Total operating expenses decreased to $0.50 million. Capital expenditures increased to $0.34 million, with a portion reserved for future obligations.

PermRock Royalty Trust (NYSE:PRT) announced a cash distribution of $0.010000 per trust unit for record holders as of September 30, 2020, to be paid on October 15, 2020. The net profits calculation was based on production from July 2020, totaling $121,657, with $75,626 allocated for administrative expenses. Oil cash receipts increased to $1.43 million, up $0.04 million month-over-month, while natural gas receipts rose to $0.08 million, a $0.02 million increase. Total operating expenses were $0.69 million, reflecting an increase of $0.05 million.

PermRock Royalty Trust (NYSE: PRT) announced no cash distribution for Trust Unit holders for August 31, 2020. The decision reflects a net profit income of $45,428 intended for administrative expenses. Oil sales increased to $1.39 million as production resumed after previous shutdowns, while natural gas sales reached $0.06 million. Operational expenses rose to $0.64 million. Capital expenditures totaled $0.05 million, with funds reserved to cover future obligations. Market volatility and ongoing low commodity prices pose risks for future distributions.

PermRock Royalty Trust (NYSE:PRT) has announced that there will be no cash distribution to unit holders for June 30, 2020. This decision stems from the net profits calculation based on April 2020 production, yielding only $79,552.27 for administrative expenses. Oil cash receipts fell by $0.68 million to $0.59 million due to decreased sales volumes and prices. Natural gas receipts showed minimal change. Capital expenditures remained steady at $0.19 million, primarily related to ongoing drilling operations. The Trust continues to manage its financial obligations and reserves.