Welcome to our dedicated page for Permrock Royalty Trust news (Ticker: PRT), a resource for investors and traders seeking the latest updates and insights on Permrock Royalty Trust stock.
PermRock Royalty Trust (PRT) provides investors with oil and natural gas production income through its 80% net profits interest in Permian Basin operations. This page aggregates official announcements, financial disclosures, and operational updates critical for evaluating the trust's performance.
Access quarterly distribution details, production reports, and regulatory filings in one centralized location. Content spans reserve updates, expense adjustments, and strategic developments affecting net profits calculations. Investors benefit from transparent tracking of commodity price impacts and distribution mechanics.
All materials adhere to statutory trust reporting standards, ensuring reliability for financial decision-making. Bookmark this page for timely updates on PRT's oil receipts, operating cost trends, and unitholder distributions. Verify critical dates and review historical announcements through our organized archive.
PermRock Royalty Trust (NYSE: PRT) announced a monthly cash distribution of $981,975.52 ($0.080716 per Trust Unit) for December 2022, payable on January 17, 2023. This amount is based on October 2022 production. Oil cash receipts increased to $2.42 million due to higher oil prices, while natural gas receipts decreased to $0.22 million. Total operating expenses rose to $0.77 million. Capital expenses fell to $0.34 million. The Trust's distributions rely on commodity price volatility, impacting future cash distributions.
PermRock Royalty Trust (NYSE:PRT) announced a monthly cash distribution of $1,100,008.01 ($0.090418 per Trust Unit) for record holders as of November 30, 2022, payable on December 14, 2022. This amount is based on September 2022's production. Oil cash receipts totaled $2.36 million, down $0.37 million from the previous month, attributed to lower oil prices and sales volumes. Natural gas receipts were $0.30 million, down $0.01 million. Total operating expenses were $0.74 million, and capital expenses rose to $0.61 million due to a re-entry project.
PermRock Royalty Trust (NYSE: PRT) declared a monthly cash distribution of $1,135,816.79 or $0.093361 per Trust Unit to holders as of October 31, 2022, payable on November 15, 2022. This distribution is primarily based on production from August 2022. Oil cash receipts decreased to $2.73 million due to falling prices, while natural gas receipts rose to $0.31 million due to higher sales volumes. Total direct operating expenses were $0.75 million, down $0.06 million, while capital expenses increased to $0.53 million.
PermRock Royalty Trust (NYSE:PRT) declared a monthly cash distribution of $1,132,255.37 or $0.093069 per Trust Unit for record holders as of September 30, 2022, payable on October 17, 2022. This distribution is based on production during July 2022. Oil cash receipts decreased to $2.89 million, a drop of $0.32 million from the previous month, attributed to lower oil prices. Natural gas receipts also fell to $0.30 million, down $0.03 million, due to decreased sales volumes and prices. Total direct operating expenses increased by $0.11 million to $0.81 million.
PermRock Royalty Trust (NYSE:PRT) announced a monthly cash distribution of $1,119,292.92 ($0.092003 per Trust Unit) for August 2022, payable on September 15, 2022. The distribution is primarily based on June 2022 production. Current month oil sales volumes decreased to 28,114 Bbls, while natural gas increased to 34,980 Mcf. Oil cash receipts were $3.21 million, down $0.11 million from the prior month, whereas natural gas cash receipts rose to $0.33 million. Total operating expenses were $0.70 million, reflecting a $0.09 million decrease.
PermRock Royalty Trust (NYSE:PRT) announced a monthly cash distribution of $1,103,463.10, equating to $0.090702 per Trust Unit, payable on August 12, 2022, to record holders as of July 29, 2022. This distribution is based on oil and natural gas production from May 2022. Current month oil sales totaled $3.32 million, a $0.27 million increase from the prior month, while natural gas receipts remained steady at $0.28 million. Direct operating expenses decreased to $0.79 million, and capital expenditures were $0.51 million, reflecting ongoing development activities in the Permian Basin.
PermRock Royalty Trust (NYSE: PRT) announced a monthly cash distribution of $1,217,916.85 (or $0.100110 per Trust Unit) to be paid on July 15, 2022, based on April 2022 production. Oil sales decreased to $3.05 million due to lower prices and sales volumes, while natural gas receipts grew to $0.28 million from increased volumes. Total operating expenses rose to $0.95 million, alongside capital expenditures of $0.89 million, attributed to well recompletion in Crane County, Texas.
PermRock Royalty Trust (NYSE:PRT) announced a monthly cash distribution of $1,229,733.76 (or $0.101081 per Trust Unit) to record holders as of May 31, 2022, payable on June 14, 2022. This distribution is based on production data from March 2022.
Notable increases in cash receipts were reported: $3.36 million for oil and $0.26 million for natural gas, driven by improved sales volumes and prices. Operating expenses fell to $0.74 million.
PermRock Royalty Trust (NYSE: PRT) announced that at a special meeting on May 4, 2022, unitholders voted to approve key proposals. These included the appointment of Argent Trust Company as successor trustee, to take over once Simmons Bank resigns. The resignation's effective date hinges on fulfilling certain conditions, including necessary approvals from other trusts and potential court validation. The Trust emphasized that forward-looking statements in the release may differ materially due to unanticipated events or conditions.
PermRock Royalty Trust (NYSE:PRT) has declared a monthly cash distribution of $756,626.31 (or $0.062193 per Trust Unit) for record holders as of April 29, 2022, payable on May 13, 2022. This distribution is based on production from February 2022. Oil cash receipts increased to $2.52 million, while natural gas cash receipts rose to $0.24 million. Total direct operating expenses totaled $0.89 million, with capital expenditures at $0.94 million. The Trust maintains a 80% net profits interest from oil and gas production properties in Texas.
