PermRock Royalty Trust declared a monthly cash distribution of $197,140.34, or $0.016204 per Trust Unit, for holders of record October 30, 2026, payable November 16, 2026. The distribution is based principally on production during August 2026.
For the current-month net profits calculation, oil receipts were $1.01 million, natural gas receipts were $0.04 million, and other revenue was $0.01 million. Direct operating expenses were $0.46 million, severance and ad valorem taxes were $0.05 million, and capital expenditures were $10,693. The calculation included a $62,500 holdback for future ad valorem taxes, of which $50,000 was net to the Trust. T2S said lower oil sales volumes primarily drove the decrease in oil receipts, while higher gas prices primarily drove the increase in gas receipts, partly offset by lower gas volumes.
PermRock Royalty Trust (PRT) declared a monthly cash distribution of $238,742.30, or $0.0196242 per Trust Unit, to holders of record on September 30, 2026, payable October 15, 2026, based principally on July 2026 production from properties operated by T2S Permian Acquisition II LLC.
For the current month’s net profits calculation, underlying sales volumes were 15,632 Bbls of oil and 19,662 Mcf of natural gas, at average received prices of $79.81 per Bbl and $1.16 per Mcf. Oil cash receipts were $1.25 million, down $0.17 million from the prior period, while natural gas cash receipts were $0.02 million, up about $0.01 million.
Other revenue totaled $0.11 million, including salt water disposal income now presented as revenue. Total direct operating expenses were $0.66 million, and severance and ad valorem taxes were $0.06 million. Capital expenditures were $116,596, and the net profits calculation included a net release of $62,500 from funds previously reserved by T2S.
PermRock Royalty Trust (PRT) declared a monthly cash distribution to unitholders of $265,001.53, or $0.021782 per Trust Unit, to record holders as of August 31, 2026, payable on September 15, 2026. The distribution is based principally on oil and gas production for June 2026 from properties burdened by the Trust’s 80% net profits interest.
Underlying June oil sales volumes were 16,087 Bbls (536 Bbls/D) at an average wellhead price of $88.13 per Bbl, compared with 15,086 Bbls (487 Bbls/D) at $104.89 per Bbl in the prior month. Natural gas volumes were 19,905 Mcf (664 Mcf/D) at $0.64 per Mcf, versus 19,692 Mcf (635 Mcf/D) at $0.71 per Mcf previously. Oil cash receipts were $1.42 million, down $0.16 million, primarily due to lower oil prices, while gas receipts were about $0.01 million.
Total direct operating expenses were $0.66 million, up $0.17 million, driven by higher lease operating and workover expenses. Severance and ad valorem taxes were $0.07 million, slightly lower than the prior period. Capital expenditures were $4,110. The current net profits calculation also includes $100,000 reserved by T2S Permian Acquisition II LLC for future ad valorem taxes.
PermRock Royalty Trust reported lower distributable income for the quarter and six months ended June 30, 2026, as weaker production and gas pricing outweighed higher oil prices. For the quarter, net profits income was $697,904 versus $1,545,465 a year earlier, leading to distributable income of $409,050, or $0.033622 per unit. For the first half of 2026, net profits income was $1,345,337 compared with $3,256,228 in the prior-year period, and distributable income was $813,117, or $0.066834 per unit.
Oil and gas sales volumes from the Underlying Properties fell, while the average realized oil price rose and the average realized natural gas price declined. As of June 30, 2026, the Trust held $1.0 million in administrative cash reserves and $150,000 was reserved by T2S for future capital obligations, with the Net Profits Interest carried at $26.05 million. A subsequent distribution of $274,696.04, or $0.022579 per unit, was declared based on May 2026 production.
PermRock Royalty Trust declared a monthly cash distribution of $274,696.04, or $0.022579 per Trust Unit, payable on August 14, 2026 to unitholders of record on July 31, 2026, based principally on oil and natural gas production during May 2026.
Underlying current-month production totaled 15,086 Bbls of oil and 19,692 Mcf of natural gas, with average wellhead prices of $104.89 per Bbl and $0.71 per Mcf. Oil cash receipts were $1.58 million and natural gas cash receipts $0.01 million. Direct operating expenses were $0.49 million and severance and ad valorem taxes $0.07 million, both lower than in the prior distribution period. Capital expenditures were $4,128, and the net profits calculation included $385,000 reserved by T2S Permian Acquisition II LLC to cover future ad valorem taxes and workovers.
PermRock Royalty Trust declared a monthly cash distribution of $370,879.54, or $0.030485 per Trust Unit, to holders of record on June 30, 2026, payable on July 15, 2026. The distribution is based principally on oil and gas production during April 2026.
Underlying April oil sales were 16,905 Bbls at an average price of $94.20 per Bbl, while natural gas sales were 5,278 Mcf at $3.72 per Mcf. Oil cash receipts totaled $1.59 million, up $0.24 million from the prior period, while natural gas receipts were $0.02 million, down $0.02 million. Direct operating expenses were $0.57 million, down $0.36 million, and severance and ad valorem taxes were $0.21 million, up $0.15 million. The net profits calculation also reflects a $12,436 capital expenditure credit and a $100,000 reserve for future ad valorem taxes and workovers.
PermRock Royalty Trust declared a monthly cash distribution of $32,413.45, or $0.002664 per Trust Unit, to record holders as of May 29, 2026, payable on June 12, 2026. The payout is based principally on oil and gas production from March 2026.
Underlying oil sales volumes rose to 16,058 Bbls at an average price of $84.11 per Bbl, while natural gas volumes were 22,407 Mcf at $1.61 per Mcf. Oil cash receipts were $1.35 million and natural gas cash receipts were $0.04 million. Direct operating expenses increased to $0.93 million, and severance and ad valorem taxes were $0.06 million.
Capital expenditures for the month totaled $9,317, and the net profits calculation included $50,000 reserved for future ad valorem taxes, all affecting the net amount available for distribution.
PermRock Royalty Trust reports sharply lower first-quarter 2026 results as production volumes and commodity prices weakened. Net profits income fell to $647,433 from $1,710,763 a year earlier, mainly due to lower oil and gas sales volumes and realized prices, plus weather disruptions in Texas.
Distributable income dropped to $404,068, or $0.033212 per unit, with three monthly distributions totaling that amount. Oil sales volumes declined to 44,572 Bbl and natural gas volumes to 61,849 Mcf, while average realized prices decreased to $57.17 per Bbl for oil and $1.50 per Mcf for gas.
Total assets were $27.3 million as of March 31, 2026, including a Net Profits Interest carrying value of $26.3 million and cash reserves of $1.0 million. T2S plans approximately $0.7 million of 2026 workovers across 22 shut-in wells and one plugging and abandonment.
PermRock Royalty Trust declared a monthly cash distribution of $5,756.78, or $0.000473 per Trust Unit, to holders of record as of April 30, 2026, payable on May 14, 2026, based principally on February 2026 production.
Underlying February oil sales volumes were 13,416 Bbls and natural gas sales volumes were 18,797 Mcf, with average received prices of $60.96 per Bbl for oil and $1.70 per Mcf for natural gas. Oil cash receipts were $0.82 million, up $0.13 million from the prior distribution period, while natural gas cash receipts were $0.03 million. Direct operating expenses were $0.45 million, up $0.11 million, and severance and ad valorem taxes were $0.04 million, down $0.04 million, with no capital expenditures reported.
PermRock Royalty Trust is a Delaware statutory trust that holds an 80% net profits interest in oil and gas properties in the Permian Basin, covering 31,354 gross (22,394 net) acres across four operating areas in Texas. The Trust has no employees and exists mainly to collect net profits from these properties and distribute monthly cash to unitholders after fees, expenses and reserves.
On March 31, 2025, Boaz Energy sold the underlying properties to T2S Permian Acquisition II LLC, which became owner and operator of the properties, while Boaz’s 4,884,861 Trust units were transferred to Ustx, LLC. As of March 27, 2026, 12,165,732 Trust units were outstanding, and non‑affiliate units had an aggregate market value of about $50.97 million as of June 30, 2025. The filing details how net profits are calculated, the Trust’s dependence on T2S for operational data, extensive environmental and regulatory obligations on the operators, and a broad set of business, commodity price, regulatory, climate and operational risks that can materially affect future distributions.