Permrock Royalty Trust - PRT STOCK NEWS

PermRock Royalty Trust declares monthly cash distribution of $494,250.09 ($0.040626 per Trust Unit) based on production in July 2023. Oil cash receipts increase by $0.22 million, natural gas cash receipts increase by $0.03 million. Total direct operating expenses increase by $0.37 million. Capital expenses increase by $0.18 million due to well upgrades in Texas.

PermRock Royalty Trust declares monthly cash distribution of $489,082.69 ($0.040201 per Trust Unit) based on June 2023 production. Oil cash receipts decrease by $0.24 million due to lower sales volumes and prices. Natural gas cash receipts decrease by $0.02 million. Direct operating expenses decrease by $0.20 million. Capital expenses decrease by $0.02 million. Boaz Energy reserves $40,000 for future capital obligations and expenses.

On April 18, 2023, PermRock Royalty Trust (NYSE:PRT) announced a cash distribution of $375,777.62, approximately $0.030888 per Trust Unit, for holders of its Trust Units as of April 28, 2023. This distribution is based on production data from February 2023. Key figures include oil sales of 25,096 Bbls and natural gas sales of 33,908 Mcf, with oil prices averaging $73.41 per Bbl and natural gas at $4.23 per Mcf. However, oil cash receipts fell by $0.16 million and natural gas receipts decreased by $0.03 million compared to the previous month, attributed to lower sales volumes and prices. Operating expenses increased slightly by $0.02 million to $0.77 million, while capital expenses rose by $0.09 million, totaling $0.59 million. The Trust's financial outlook is affected by commodity price volatility and operational risks.

PermRock Royalty Trust (NYSE: PRT) has declared a monthly cash distribution of $611,451.25, equating to $0.050260 per Trust Unit, payable on April 14, 2023, for record holders as of March 31, 2023. This distribution is based primarily on production from January 2023. In January 2023, oil sales volumes decreased, leading to cash receipts of $2.00 million, down $0.35 million from the previous month. Natural gas receipts remained steady at $0.17 million. Direct operating expenses totaled $0.75 million, while capital expenses rose to $0.50 million, attributed to a project in the Permian Abo area.

PermRock Royalty Trust (NYSE: PRT) announced a monthly cash distribution of $732,586.70 ($0.060217 per Trust Unit) to be paid on March 14, 2023, based on December 2022 production data. The Trust's oil cash receipts reached $2.35 million, up by $0.10 million from the previous month due to increased oil sales volumes. However, natural gas cash receipts fell to $0.17 million, down $0.01 million, attributed to lower natural gas prices. Total direct operating expenses rose to $1.13 million, reflecting a $0.26 million increase. Capital expenses decreased to $0.31 million, a reduction of $0.14 million.

PermRock Royalty Trust (NYSE:PRT) announced a monthly cash distribution of $859,260.12 ($0.070629 per Trust Unit) for holders of Trust Units as of January 31, 2023, payable on February 14, 2023. The distribution reflects production from November 2022. Oil cash receipts totaled $2.25 million, down $0.17 million from the previous period due to lower prices and sales volumes. Natural gas receipts fell to $0.18 million, a decrease of $0.04 million. Total operating expenses increased to $0.87 million, with capital expenses rising to $0.45 million primarily due to a re-entry project.