Welcome to our dedicated page for Permianville Rty Tr news (Ticker: PVL), a resource for investors and traders seeking the latest updates and insights on Permianville Rty Tr stock.
Permianville Royalty Trust (PVL) is a Delaware statutory trust that holds an 80% net profits interest in oil and natural gas production from certain, predominantly non-operated properties in Texas, Louisiana and New Mexico. The PVL news feed highlights how monthly net profits from these Underlying Properties translate into cash distributions or net profits shortfalls for unitholders.
News updates commonly cover the Trust’s monthly cash distribution announcements, including the per-unit distribution amount, record date and payment date when a distribution is declared. Press releases also explain the underlying oil and natural gas sales volumes, average received wellhead prices, and recorded cash receipts from the Underlying Properties that feed into each month’s net profits interest calculation.
In addition, PVL news often details accrued operating expenses, capital expenditures and any cash reserves established for approved, future development expenses, such as drilling and completion of Haynesville wells on the Underlying Properties. These disclosures help readers understand why distributions can fluctuate from month to month and why, in some periods, no distribution is paid due to net profits shortfalls or the need to repay advances for prior administrative expenses.
Investors following PVL news can see how changes in production volumes, commodity prices, development spending and reserve decisions affect the Trust’s net profits and distribution capacity. Regularly reviewing these updates provides context on the performance of the Underlying Properties and the financial dynamics of the Trust’s royalty structure. Users interested in PVL can use this page to monitor the Trust’s monthly operational updates, distribution announcements and related commentary from the Sponsor and trustee.
Permianville Royalty Trust (NYSE: PVL) has announced the filing of its Annual Report on Form 10-K for the year ended December 31, 2024, with the SEC on March 19, 2025. The report is accessible through multiple channels, including the Trust's website under the 'SEC Filings' section at permianvilleroyaltytrust.com and the SEC's website at sec.gov.
Trust unitholders can request a complimentary printed copy of the Annual Report, which includes audited financial statements, by submitting a written request to the Trust's office at The Bank of New York Mellon Trust Company in Houston, Texas.
Permianville Royalty Trust (NYSE: PVL) announced no distribution will be paid in April 2025 due to a cumulative net profits shortfall of approximately $1.1 million, down from $1.4 million in the previous month. The calculation includes December 2024 oil production and November 2024 natural gas production.
Oil cash receipts totaled $2.8 million with realized wellhead prices of $75.52/Bbl, while natural gas receipts were $0.9 million at $1.90/Mcf. Operating expenses increased by $0.3 million to $2.3 million, and capital expenditures rose $0.1 million to $1.0 million, primarily due to drilling of three Haynesville wells.
Separately, the Trust announced a special cash distribution of $282,072 ($0.008548 per unit) from the August 2023 Permian Basin divestiture proceeds, payable April 14, 2025. The Sponsor anticipates the Underlying Properties will return to generating positive net profits in 2025.
Permianville Royalty Trust (NYSE: PVL) announced no distribution will be paid in March 2025 due to a cumulative net profits shortfall of approximately $1.4 million, down from $2.2 million in the previous month. Excluding the shortfall, income would have been $0.8 million ($0.02345 per unit).
The Trust reported oil production of 39,754 barrels (1,325 Bbls/D) at $76.61/Bbl and natural gas production of 380,827 Mcf (12,285 Mcf/D) at $1.97/Mcf. Oil cash receipts increased by $0.2 million to $3.0 million, while natural gas receipts rose $0.1 million to $0.7 million. Operating expenses decreased by $0.2 million to $2.0 million, and capital expenditures dropped $2.0 million to $0.9 million, mainly due to drilling of three Haynesville wells.
Based on current commodity prices, the Sponsor anticipates the Underlying Properties will return to generating positive net profits in 2025.
Permianville Royalty Trust (NYSE: PVL) announced no monthly distribution will be paid in February 2025 due to a shortfall of approximately $1.3 million, as operating and development expenses exceeded cash receipts. The cumulative net profits shortfall now totals $2.2 million.
For the current month, recorded oil cash receipts were $2.8 million at $76.92/Bbl (up $0.2 million from prior month), while natural gas receipts were $0.6 million at $1.63/Mcf (down $0.1 million). Operating expenses decreased by $0.2 million to $2.2 million, and capital expenditures decreased by $0.5 million to $2.9 million.
The high capital expenditures were driven by non-operated spending on two Permian wells and nine Haynesville wells drilled by major oil companies. The Sponsor anticipates the Underlying Properties will return to generating positive net profits in 2025.
Permianville Royalty Trust (NYSE: PVL) announced no monthly distribution will be paid in January 2025 due to a net profits shortfall of approximately $1.9 million in December 2024. The shortfall was reduced to $0.9 million after the Sponsor released a $1.0 million cash reserve.
The Trust reported oil sales of 37,649 barrels at $70.14/Bbl (down from 40,886 barrels at $75.88/Bbl) and natural gas sales of 412,711 Mcf at $1.60/Mcf (up from 384,143 Mcf at $1.78/Mcf). Oil cash receipts decreased by $0.5 million to $2.6 million, while natural gas receipts remained at $0.7 million.
Capital expenditures increased by $3.2 million to $3.4 million, driven by drilling activities in Permian and Haynesville wells. The Sponsor expects the Underlying Properties to return to generating positive net profits in 2025.
Permianville Royalty Trust (NYSE: PVL) announced a cash distribution of $0.010500 per unit, payable on December 13, 2024. The distribution reflects August 2024 oil production and July 2024 natural gas production. Oil sales volumes decreased to 40,886 barrels from 52,287 barrels, with prices dropping to $75.88/Bbl from $79.43/Bbl. Natural gas volumes declined to 384,143 Mcf from 1,105,204 Mcf, with prices falling to $1.78/Mcf from $2.44/Mcf. Operating expenses decreased by $1.2 million to $2.3 million, while capital expenditures dropped by $1.7 million to $0.2 million. The Sponsor is withholding $0.5 million for future development expenses.
Permianville Royalty Trust (NYSE: PVL) has announced a cash distribution of $0.015000 per unit, payable on November 15, 2024 to unitholders of record on October 31, 2024. The distribution is based on reported oil production for July 2024 and natural gas production for June 2024, including accrued costs from August 2024.
Key highlights:
- Oil sales volume: 52,287 Bbls (1,687 Bbls/D)
- Natural gas sales volume: 1,105,204 Mcf (36,840 Mcf/D)
- Average oil price: $79.43 per Bbl
- Average natural gas price: $2.44 per Mcf
- Total oil cash receipts: $4.2 million
- Total natural gas cash receipts: $2.7 million
The increase in production and revenues is partly attributed to new wells in the Permian and Haynesville regions. Operating expenses totaled $3.5 million, and capital expenditures were $1.9 million. The Sponsor has withheld $0.5 million to establish a cash reserve for future development expenses.
Permianville Royalty Trust (NYSE: PVL) has announced a cash distribution of $0.014000 per unit to unitholders, payable on October 15, 2024. This distribution is based on reported oil production for June 2024 and natural gas production for May 2024, including accrued costs from July 2024. The Trust's underlying properties recorded oil cash receipts of $3.0 million at an average price of $77.69/Bbl, down $0.3 million from the previous month. Natural gas cash receipts totaled $0.6 million at $1.69/Mcf, up $0.1 million. Total accrued operating expenses increased by $0.6 million to $2.5 million, while capital expenditures decreased by $0.2 million to $0.4 million.
Permianville Royalty Trust (NYSE: PVL) has announced a cash distribution of $0.035000 per unit, payable on September 16, 2024, to unitholders of record on August 30, 2024. The distribution is based on reported oil production for May 2024 and natural gas production for April 2024, including accrued costs from June 2024.
Key points:
- Oil cash receipts: $3.3 million (down $4.6 million from prior month)
- Natural gas cash receipts: $0.5 million (down $0.9 million from prior month)
- Total accrued operating expenses: $1.8 million (decreased $1.4 million month-over-month)
- Capital expenditures: $0.6 million (increased $0.2 million from prior period)
The decrease in production and receipts is largely due to the prior month's inclusion of new Permian wells with production and revenues from previous periods.
Permianville Royalty Trust (NYSE: PVL) announced a cash distribution of $0.011000 per unit, payable on August 14, 2024 to unitholders of record on July 31, 2024. The distribution reflects April 2024 oil production and March 2024 natural gas production. After recouping a $3.3 million shortfall and repaying $0.7 million in administrative expenses, the net profits interest income was $0.4 million.
Oil cash receipts increased by $4.5 million to $7.9 million, with realized wellhead prices of $80.84/Bbl. Natural gas cash receipts rose by $0.4 million to $1.4 million, with prices at $1.46/Mcf. The increase was largely due to the inclusion of 15 new Permian wells. Operating expenses totaled $3.2 million, while capital expenditures decreased to $0.4 million.
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