PermRock Royalty Trust Declares Monthly Cash Distribution

Rhea-AI Summary

PermRock Royalty Trust (NYSE: PRT) declared a monthly cash distribution of $235,849.49 (or $0.019386 per Trust Unit) to holders of record as of Jan. 30, 2026, payable Feb. 13, 2026, based principally on November 2025 production.

Underlying volumes showed oil 15,857 Bbls (prior 18,679) and natural gas 14,637 Mcf (prior 12,952). Oil cash receipts were $0.91M (down $0.16M), natural gas receipts $0.03M (up $0.01M). Total direct operating expenses were $0.41M (down $0.10M). Severance and ad valorem taxes were $0.03M (down $0.09M). No capital expenditures were reported for the month.

Positive

• Declared monthly distribution of $235,849.49 ($0.019386 per unit)
• Total direct operating expenses decreased by $0.10M
• Severance and ad valorem taxes decreased by $0.09M
• Natural gas volumes and prices increased, raising gas receipts by $0.01M
• No capital expenditures reported due to completion of 2025 drilling

Negative

• Oil sales volumes fell from 18,679 Bbls to 15,857 Bbls (≈15% decline)
• Oil cash receipts declined by $0.16M month-over-month

News Market Reaction

-1.63%

1 alert

-1.63% News Effect

On the day this news was published, PRT declined 1.63%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Distribution amount: $235,849.49 Per-unit distribution: $0.019386 per Trust Unit Oil sales volume: 15,857 Bbls +5 more

8 metrics

Distribution amount $235,849.49 Monthly cash distribution based on November 2025 production

Per-unit distribution $0.019386 per Trust Unit Payable February 13, 2026 to holders of record January 30, 2026

Oil sales volume 15,857 Bbls Current month underlying oil sales volume for net profits calc

Natural gas volume 14,637 Mcf Current month underlying natural gas volume for net profits calc

Oil price $57.51 per Bbl Average received wellhead price, current month

Natural gas price $2.20 per Mcf Average received wellhead price, current month

Direct operating expenses $0.41 million Current month, including marketing, LOE, and workover expenses

Severance & ad valorem taxes $0.03 million Current month net profits calculation after tax credit application

Market Reality Check

Price: $3.24 Vol: Volume 66,197 is below th...

low vol

$3.24 Last Close

Volume Volume 66,197 is below the 20-day average of 105,326 (relative volume 0.63x). low

Technical Price at $3.07 is trading below the 200-day MA $3.85 and 33.69% under the 52-week high $4.63.

Peers on Argus

Peers show mixed moves: CRT down 0.36%, while VOC, NRT, INDO, and USEG rose betw...

Peers show mixed moves: CRT down 0.36%, while VOC, NRT, INDO, and USEG rose between 0.68% and 4%, suggesting stock-specific rather than sector-driven dynamics for PRT.

Historical Context

5 past events · Latest: Dec 19 (Positive)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Dec 19	Monthly distribution	Positive	+0.0%	Announced October 2025-based cash distribution and underlying production/pricing data.
Nov 17	Monthly distribution	Positive	+1.0%	Declared September 2025-based distribution with updated volumes, prices, and expenses.
Oct 21	Monthly distribution	Positive	+0.5%	Reported August 2025-based payout with higher operating expenses and applied reserves.
Sep 19	Monthly distribution	Positive	-0.3%	Announced September 2025 distribution with higher oil receipts and lower expenses.
Aug 19	Monthly distribution	Positive	+0.0%	Declared August 2025 payout supported by stronger oil receipts and stable costs.

Pattern Detected

Recent monthly distribution announcements typically produced minimal price reaction, with most moves within about +/-1% over the last five events.

Recent Company History

Over the past several months, PermRock Royalty Trust has consistently issued monthly cash distribution announcements tied to underlying oil and gas production. Prior releases highlighted distributions ranging from $337,452.89 to $384,018.36, with varying oil volumes, gas volumes, and operating costs. Regulatory filings, including multiple 8-Ks and 10-Qs, detailed lower cash flows versus prior periods and revised capital/workover plans. Today’s news continues this pattern, providing updated November 2025 production metrics and associated distributable cash.

Market Pulse Summary

This announcement reported a monthly cash distribution of $235,849.49 ($0.019386 per unit) based on ...

Analysis

This announcement reported a monthly cash distribution of $235,849.49 ($0.019386 per unit) based on November 2025 production, alongside detailed oil and gas volumes, wellhead prices, and cash receipts. Operating expenses and severance/ad valorem taxes declined, and there were no capital expenditures as 2025 drilling was completed. Compared with prior months’ distributions, investors may track trends in volumes, realized prices, and cost levels to gauge the stability of future payouts.

Key Terms

net profits interest, wellhead prices, workover expenses, severance and ad valorem taxes, +1 more

5 terms

net profits interest financial

"underlying oil and natural gas sales volumes and average received wellhead prices attributable to the current and prior month net profits interest calculations"

A net profits interest (NPI) is a contractual right to receive a fixed percentage of a project’s or asset’s profits after allowable costs are paid, rather than a share of gross revenue or ownership. For investors, it matters because it gives upside tied to actual profitability while shielding the holder from direct operating expenses and capital calls, similar to getting a portion of the leftover profits from a business after the bills are settled.

wellhead prices technical

"sales volumes and average received wellhead prices attributable to the current and prior month"

Wellhead prices are the amount a producer receives for oil or natural gas right at the production site, before costs like transportation, processing, or taxes are added or subtracted. Investors watch them because they directly determine a producer’s revenue and profit margin much like the price a farmer gets at the farm gate affects farm income—changes at the source can ripple through cash flow, valuation, and dividend or investment decisions.

workover expenses technical

"Total direct operating expenses, including marketing, lease operating expenses, and workover expenses, were $0.41 million"

Workover expenses are the costs a company incurs to repair, maintain or upgrade an existing oil or gas well so it can produce safely and efficiently. Investors care because these outlays affect short‑term cash flow and can boost future production and revenue—think of it like paying to repair and tune a car so it runs longer and faster; the immediate bill reduces cash but can increase the car’s value and performance over time.

severance and ad valorem taxes financial

"Severance and ad valorem taxes included in this month's net profits calculation were $0.03 million"

Severance and ad valorem taxes are two types of government charges that companies pay: severance taxes are levied when natural resources (like oil, gas, coal, or minerals) are removed from the ground, like a fee for taking something valuable out of the earth; ad valorem taxes are charged based on the assessed value of an asset, similar to a property tax that rises with the asset’s worth. For investors they matter because these taxes reduce project revenue and cash flow, change operating costs and asset valuations, and can alter the expected return on resource or real-estate investments.

capital expenditures financial

"T2S reported there were no capital expenditures this month due to completion of all drilling"

Capital expenditures are the money a company spends to buy or improve big assets like buildings, equipment, or machines that will last a long time. These investments matter because they help the company grow and operate more efficiently, similar to how upgrading a home’s appliances or adding a new room can make it better and more valuable.

AI-generated analysis. Not financial advice.

DALLAS, Jan. 20, 2026 /PRNewswire/ -- PermRock Royalty Trust (NYSE: PRT) (the "Trust") today declared a monthly cash distribution to record holders of its trust units representing beneficial interests in the Trust ("Trust Units") as of January 30, 2026, and payable on February 13, 2026, in the amount of $235,849.49 ($0.019386 per Trust Unit), based principally upon production during the month of November 2025.

The following table displays underlying oil and natural gas sales volumes and average received wellhead prices attributable to the current and prior month net profits interest calculations:

	Underlying Sales Volumes				Average Price
	Oil		Natural Gas		Oil	Natural Gas
	Bbls	Bbls/D	Mcf	Mcf/D	(per Bbl)	(per Mcf)
Current Month	15,857	529	14,637	488	$57.51	$2.20
Prior Month	18,679	603	12,952	418	$57.47	$1.21

 

Oil cash receipts for the properties underlying the Trust totaled $0.91 million for the current month, a decrease of $0.16 million from the prior month's distribution period.  T2S Permian Acquisition II LLC ("T2S") informed the Trust that this decrease was primarily due to a decrease in oil sales volumes.

Natural gas cash receipts for the properties underlying the Trust totaled $0.03 million for the current month, a slight increase of $0.01 million from the prior month's distribution period. T2S informed the Trust that this increase was primarily due to an increase in natural gas sales volumes and prices.  

Total direct operating expenses, including marketing, lease operating expenses, and workover expenses, were $0.41 million, a decrease of $0.10 million from the prior month's distribution period. T2S informed the Trust that this decrease was primarily due to no workovers performed, as well as reduced chemical usage and reduced repair and maintenance costs.

Severance and ad valorem taxes included in this month's net profits calculation were $0.03 million, a decrease of $0.09 million from the prior month's distribution period.  This decrease was due to the application of a credit of ad valorem tax amounts accrued in prior periods.

T2S reported there were no capital expenditures this month due to completion of all drilling commenced in 2025.

About PermRock Royalty Trust

PermRock Royalty Trust is a Delaware statutory trust formed to own a net profits interest representing the right to receive 80% of the net profits from the sale of oil and natural gas production from certain properties owned and operated by T2S in the Permian Basin of West Texas. For more information on PermRock Royalty Trust, please visit our website at www.permrock.com.

Cautionary Statement Concerning Forward-Looking Statements

Certain statements contained in this press release constitute "forward-looking statements." These forward-looking statements represent the Trust's and T2S's expectations or beliefs concerning future events, and it is possible that the results described in this press release will not be achieved. These forward-looking statements include the amount and date of any anticipated distribution to unitholders, future cash retentions, advancements or recoupments from distributions, and statements regarding T2S's operations and the resulting impact on the computation of the Trust's net profits. The amount of cash received or expected to be received by the Trust (and its ability to pay distributions) has been and will continue to be directly affected by volatility in commodity prices and oversupply. Other important factors that could cause actual results to differ materially from those projected in the forward-looking statements include expenses of the Trust and reserves for anticipated future expenses, uncertainties in estimating the cost of drilling activities and risks associated with drilling and operating oil and natural gas wells.

Any forward-looking statement speaks only as of the date on which it is made, and, except as required by law, the Trust does not undertake any obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise. New factors emerge from time to time, and it is not possible for the Trust to predict all such factors. When considering these forward-looking statements, you should keep in mind the risk factors and other cautionary statements in the Trust's Annual Report on Form 10-K filed with the SEC on March 31, 2025, and other public filings filed with the SEC. The risk factors and other factors noted in the Trust's public filings with the SEC could cause its actual results to differ materially from those contained in any forward-looking statement. The Trust's filed reports are or will be available over the Internet at the SEC's website at http://www.sec.gov.

Contact:	PermRock Royalty Trust
	Argent Trust Company, Trustee
	Nancy Willis, Director of Royalty Trust
	Trust Administrator
	Toll-free: (855) 588-7839
	Fax: (214) 559-7010
	Website:  www.permrock.com
	e-mail:  trustee@permrock.com

 

View original content:https://www.prnewswire.com/news-releases/permrock-royalty-trust-declares-monthly-cash-distribution-302663886.html

SOURCE PermRock Royalty Trust

FAQ

What is the PermRock Royalty Trust (PRT) monthly distribution declared on Jan 20, 2026?

PermRock declared a distribution of $235,849.49, equal to $0.019386 per Trust Unit, payable Feb 13, 2026 to holders of record Jan 30, 2026.

What production period underlies the PRT distribution declared Jan 20, 2026?

The distribution was based principally on production during November 2025.

How did oil and natural gas volumes change for PRT between the prior and current month?

Oil volumes decreased to 15,857 Bbls from 18,679 Bbls; natural gas increased to 14,637 Mcf from 12,952 Mcf.

Why did oil cash receipts decline for the PermRock distribution period?

T2S reported the oil cash receipts decline of $0.16M was primarily due to lower oil sales volumes.

Did PermRock report any capital expenditures in the month underlying the Jan 20, 2026 distribution?

No; T2S reported no capital expenditures for the month due to completion of drilling commenced in 2025.

What happened to PermRock's operating expenses and taxes in the latest period?

Total direct operating expenses fell by $0.10M, and severance and ad valorem taxes decreased by $0.09M due to an applied ad valorem tax credit.