Here are the 10-K annual reports from Permianville Royalty Trust (PVL) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-K covers the audited annual report, with the full financial statements, so if you follow PVL and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full PVL filings page.
Permianville Royalty Trust is a Delaware statutory trust that holds an 80% net profits interest in oil and natural gas properties in Texas, Louisiana and New Mexico. The Trust is purely passive, with COERT Holdings 1 LLC operating the underlying assets and bearing all operating and development costs.
The Trust distributes monthly cash to unitholders from net profits after expenses and reserves. It has 33,000,000 Units of Beneficial Interest outstanding and reported an aggregate market value of non‑affiliate units of $34,320,000 as of the last business day of its most recent second fiscal quarter. The Trustee is building a cash reserve targeting approximately $2.3 million and had accumulated $1,441,386 as of December 31, 2025.
Recent activity includes a unitholder‑approved sale of certain Permian Basin properties in 2023 for about $6.7 million and a September 2025 sale of approximately $0.4 million of non‑producing acreage, with proceeds attributable to the Trust flowing through distributions. Extensive risk disclosures highlight dependence on volatile oil and gas prices, regulatory and environmental compliance, and the structural limits of the trust, which cannot acquire new properties or operate wells directly.