PermRock Royalty Trust sets $0.010831 March payout
PermRock Royalty Trust declared a monthly cash distribution to unitholders of its trust units as of February 27, 2026, payable on March 13, 2026, of $0.010831 per Trust Unit, based mainly on December 2025 oil and gas production.
Rhea-AI Filing Summary
PermRock Royalty Trust declared a monthly cash distribution to unitholders of its trust units as of February 27, 2026, payable on March 13, 2026, of $0.010831 per Trust Unit, based mainly on December 2025 oil and gas production.
Underlying oil sales for the current distribution month were 16,605 Bbls at an average wellhead price of $56.95 per Bbl, while natural gas sales were 12,459 Mcf at $2.68 per Mcf. Oil cash receipts were $0.95 million, up $0.04 million from the prior month, primarily due to higher oil volumes.
Natural gas cash receipts were $0.03 million and were described as essentially unchanged, with lower volumes only partially offset by higher prices. Total direct operating expenses rose to $0.47 million, up $0.06 million, mainly from higher lease operating expenses. Severance and ad valorem taxes increased to $0.08 million, up $0.05 million due to a prior-period tax credit. T2S reported no capital expenditures for the month after completing all drilling commenced in 2025.
Positive
- None.
Negative
- None.
8-K Event Classification
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What cash distribution did PermRock Royalty Trust (PRT) declare for March 2026?
What production period underlies the latest PermRock Royalty Trust (PRT) distribution?
How did PermRock Royalty Trust’s (PRT) oil volumes and prices change versus the prior month?
What were PermRock Royalty Trust’s (PRT) current oil and gas cash receipts?
How did operating expenses and taxes change for PermRock Royalty Trust (PRT)?
Did PermRock Royalty Trust (PRT) incur any capital expenditures for the current month?
AI-generated analysis. How Rhea-AI works. Not financial advice.