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 is a statutory royalty trust that owns a net profits interest tied to oil and natural gas production from underlying properties. Its recurring news centers on monthly cash distributions to Trust Unit holders and the production-month data used to calculate those distributions.
Updates typically report oil and natural gas sales volumes, average received wellhead prices, cash receipts, direct operating expenses, workover and lease operating costs, severance and ad valorem taxes, capital expenditures, and information provided by T2S Permian Acquisition II LLC.
PermRock Royalty Trust (NYSE:PRT) announced a monthly cash distribution of $650,270.27 ($0.053450 per Trust Unit) for record holders as of October 29, 2021, payable on November 15, 2021. This amount is based on oil and natural gas production for August 2021. The current month's oil sales volume totaled 30,722 Bbls while natural gas volume was 38,924 Mcf. Oil cash receipts decreased by $0.07 million to $2.04 million, while natural gas receipts rose by $0.04 million to $0.23 million.
PermRock Royalty Trust (NYSE:PRT) announced a cash distribution of $609,618.80 for September 2021, amounting to $0.050109 per Trust Unit, payable on October 15, 2021. This amount is primarily based on production from July 2021. Oil cash receipts were $2.11 million, slightly down by $0.03 million from the previous month, attributed to a decrease in sales volumes. In contrast, natural gas receipts rose to $0.19 million due to increased prices and sales volume. Total operating expenses increased to $0.70 million. Capital expenditures rose to $0.53 million, mainly for drilling operations.
PermRock Royalty Trust (NYSE:PRT) has announced a monthly cash distribution of $756,619.34 ($0.062192 per Trust Unit) for record holders as of August 31, 2021, payable on September 15, 2021. This distribution reflects production from June 2021. Key figures include oil sales of $2.14 million, up $0.04 million from the previous month. Natural gas cash receipts remained stable at $0.15 million. Total direct operating expenses decreased to $0.49 million, and capital expenditures remained constant at $0.47 million.
PermRock Royalty Trust (NYSE: PRT) announced a monthly cash distribution of $735,116.19 ($0.060425 per Trust Unit) to be paid on August 13, 2021, based on May 2021 production. Oil cash receipts rose to $2.10 million, a $0.14 million increase from the prior month, due to higher prices and sales volumes. However, natural gas receipts fell to $0.15 million, down $0.03 million, attributed to lower prices and volumes. Total operating expenses decreased slightly to $0.56 million, while capital expenditures also declined to $0.47 million.
PermRock Royalty Trust (NYSE:PRT) declared a monthly cash distribution of $738,342.39 ($0.060690 per Trust Unit) to its holders for June 30, 2021, payable on July 14, 2021. The distribution reflects lower oil cash receipts of $1.96 million, down by $0.13 million due to decreased oil prices and shorter production periods. Meanwhile, natural gas cash receipts increased slightly to $0.18 million. Total operating expenses were $0.58 million, a decrease of $0.14 million. Capital expenditures rose to $0.57 million due to drilling activities in Crane County.
PermRock Royalty Trust (NYSE: PRT) has announced a monthly cash distribution of $678,860.43 ($0.055801 per Trust Unit) for May 2021, payable on June 14, 2021. This distribution is based on production for March 2021. Oil cash receipts increased to $2.09 million due to higher sales volumes and prices, while natural gas receipts rose to $0.17 million. However, direct operating expenses rose to $0.72 million, and capital expenditures also increased to $0.33 million.
PermRock Royalty Trust (NYSE:PRT) announced a monthly cash distribution of $543,064.02 ($0.044638 per Trust Unit) to holders as of April 30, 2021, payable on May 14, 2021. The distribution is based on production data from February 2021. Current month oil sales were $1.61 million with a decrease attributed to reduced sales volumes during a winter storm. Natural gas receipts totaled $0.16 million, also down due to volume declines. Operating expenses rose to $0.59 million, reflecting $0.13 million increase from the prior month.
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.