US Market News
22時間前
PermRock Royalty Trust Declares Monthly Cash DistributionJune 18, 2026 6:30 AM
PR Newswire (US) DALLAS, June 18, 2026 /PRNewswire/ -- PermRock Royalty Trust (NYSE:PRT) (the "Trust") today declared a monthly cash distribution to record holders of its trust units representing beneficial interests in the Trust ("Trust Units") as of June 30, 2026, and payable on July 15, 2026, in the amount of $370,879.54 ($0.030485 per Trust Unit), based principally upon production during the month of April 2026.The following table displays underlying oil and natural gas sales volumes and average received wellhead prices attributable to the current and prior month net profits interest calculations:
Underlying Sales Volumes
Average Price
Oil
Natural Gas
Oil
Natural Gas
Bbls
Bbls/D
Mcf
Mcf/D
(per Bbl)
(per Mcf)Current Month 16,905
564
5,278
176
$94.20
$3.72Prior Month16,058
518
22,407
723
$84.11
$1.61Oil cash receipts for the properties underlying the Trust totaled $1.59 million for the current month, an increase of $0.24 million from the prior month's distribution period. T2S Permian Acquisition II LLC ("T2S") informed the Trust that this increase was primarily due to an increase in oil sales volumes and oil prices.Natural gas cash receipts for the properties underlying the Trust totaled $0.02 million for the current month, a decrease of $0.02 million from the prior month's distribution period. T2S informed the Trust that this decrease was primarily due to a decrease in natural gas sales volumes, partially offset by an increase in natural gas prices.Total direct operating expenses, including marketing, lease operating expenses, and workover expenses, were $0.57 million, a decrease of $0.36 million from the prior month's distribution period. T2S informed the Trust that this decrease was primarily due to decreases in lease operating expenses and workover expenses.Severance and ad valorem taxes included in this month's net profits calculation were $0.21 million, an increase of $0.15 million from the prior month's distribution period. T2S informed the Trust that this increase was primarily due to an increase in ad valorem taxes resulting from the recognition of remaining severance taxes paid during the first quarter of 2026.Capital expenditures reflected a net credit of $12,436 for the current month. T2S informed the Trust that this amount primarily reflected a credit to tangible drilling costs, partially offset by intangible completion costs and tangible completion costs attributable to non-operated wells.T2S informed the Trust that this month's net profits calculation included $100,000 net to the Trust of funds reserved by T2S to cover future ad valorem taxes and workovers budgeted for the third quarter of 2026.About PermRock Royalty TrustPermRock Royalty Trust is a Delaware statutory trust formed to own a net profits interest representing the right to receive 80% of the net profits from the sale of oil and natural gas production from certain properties owned and operated by T2S in the Permian Basin of West Texas. For more information on PermRock Royalty Trust, please visit our website at www.permrock.com.Cautionary Statement Concerning Forward-Looking StatementsCertain statements contained in this press release constitute "forward-looking statements." These forward-looking statements represent the Trust's and T2S's expectations or beliefs concerning future events, and it is possible that the results described in this press release will not be achieved. These forward-looking statements include the amount and date of any anticipated distribution to unitholders, future cash retentions, advancements or recoupments from distributions, and statements regarding T2S's operations and the resulting impact on the computation of the Trust's net profits. The amount of cash received or expected to be received by the Trust (and its ability to pay distributions) has been and will continue to be directly affected by volatility in commodity prices and oversupply. Other important factors that could cause actual results to differ materially from those projected in the forward-looking statements include expenses of the Trust and reserves for anticipated future expenses, uncertainties in estimating the cost of drilling activities and risks associated with drilling and operating oil and natural gas wells.Any forward-looking statement speaks only as of the date on which it is made, and, except as required by law, the Trust does not undertake any obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise. New factors emerge from time to time, and it is not possible for the Trust to predict all such factors. When considering these forward-looking statements, you should keep in mind the risk factors and other cautionary statements in the Trust's Annual Report on Form 10-K filed with the SEC on March 27, 2026, and other public filings filed with the SEC. The risk factors and other factors noted in the Trust's public filings with the SEC could cause its actual results to differ materially from those contained in any forward-looking statement. The Trust's filed reports are or will be available over the Internet at the SEC's website at http://www.sec.gov.Contact: PermRock Royalty Trust
Argent Trust Company, Trustee
Nancy Willis, Director of Royalty Trust Services,
Trust Administrator
Toll-free: (855) 588-7839
Fax: (214) 559-7010
Website: www.permrock.com
e-mail: trustee@permrock.com View original content:https://www.prnewswire.com/news-releases/permrock-royalty-trust-declares-monthly-cash-distribution-302803837.htmlSOURCE PermRock Royalty Trust Original: PermRock Royalty Trust Declares Monthly Cash Distribution
US Market News
1月前
PermRock Royalty Trust Declares Monthly Cash DistributionMay 18, 2026 6:30 AM
PR Newswire (US) DALLAS, May 18, 2026 /PRNewswire/ -- PermRock Royalty Trust (NYSE:PRT) (the "Trust") today declared a monthly cash distribution to record holders of its trust units representing beneficial interests in the Trust ("Trust Units") as of May 29, 2026, and payable on June 12, 2026, in the amount of $32,413.45 ($0.002664 per Trust Unit), based principally upon production during the month of March 2026.The following table displays underlying oil and natural gas sales volumes and average received wellhead prices attributable to the current and prior month net profits interest calculations:
Underlying Sales VolumesAverage Price
OilNatural GasOilNatural Gas
BblsBbls/DMcfMcf/D(per Bbl)(per Mcf)Current Month16,05851822,407723$84.11$1.61Prior Month13,41647918,797671$60.96$1.70Oil cash receipts for the properties underlying the Trust totaled $1.35 million for the current month, an increase of $0.53 million from the prior month's distribution period. T2S Permian Acquisition II LLC ("T2S") informed the Trust that this increase was primarily due to an increase in oil sales volumes and oil prices.Natural gas cash receipts for the properties underlying the Trust totaled $0.04 million for the current month, a slight increase from the prior month's distribution period. T2S informed the Trust this slight increase was primarily due to an increase in natural gas sales volumes.Total direct operating expenses, including marketing, lease operating expenses, and workover expenses, were $0.93 million, an increase of $0.48 million from the prior month's distribution period. T2S informed the Trust that this increase was due to increases in marketing, lease operating expenses, and workover expenses.Severance and ad valorem taxes included in this month's net profits calculation were $0.06 million, a slight increase of $0.02 million from the prior month's distribution period. T2S informed the Trust that this increase was primarily due to an increase in severance taxes. Capital expenditures totaled $9,317 for the current month. T2S informed the Trust that these minimal capital expenses were related to intangible completion costs.T2S informed the Trust that this month's net profits calculation included $50,000 net to the Trust of funds reserved by T2S to cover future ad valorem taxes.About PermRock Royalty TrustPermRock Royalty Trust is a Delaware statutory trust formed to own a net profits interest representing the right to receive 80% of the net profits from the sale of oil and natural gas production from certain properties owned and operated by T2S in the Permian Basin of West Texas. For more information on PermRock Royalty Trust, please visit our website at www.permrock.com.Cautionary Statement Concerning Forward-Looking StatementsCertain statements contained in this press release constitute "forward-looking statements." These forward-looking statements represent the Trust's and T2S's expectations or beliefs concerning future events, and it is possible that the results described in this press release will not be achieved. These forward-looking statements include the amount and date of any anticipated distribution to unitholders, future cash retentions, advancements or recoupments from distributions, and statements regarding T2S's operations and the resulting impact on the computation of the Trust's net profits. The amount of cash received or expected to be received by the Trust (and its ability to pay distributions) has been and will continue to be directly affected by volatility in commodity prices and oversupply. Other important factors that could cause actual results to differ materially from those projected in the forward-looking statements include expenses of the Trust and reserves for anticipated future expenses, uncertainties in estimating the cost of drilling activities and risks associated with drilling and operating oil and natural gas wells.Any forward-looking statement speaks only as of the date on which it is made, and, except as required by law, the Trust does not undertake any obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise. New factors emerge from time to time, and it is not possible for the Trust to predict all such factors. When considering these forward-looking statements, you should keep in mind the risk factors and other cautionary statements in the Trust's Annual Report on Form 10-K filed with the SEC on March 27, 2026, and other public filings filed with the SEC. The risk factors and other factors noted in the Trust's public filings with the SEC could cause its actual results to differ materially from those contained in any forward-looking statement. The Trust's filed reports are or will be available over the Internet at the SEC's website at http://www.sec.gov.Contact: PermRock Royalty Trust
Argent Trust Company, Trustee
Nancy Willis, Director of Royalty Trust Services,
Trust Administrator
Toll-free: (855) 588-7839
Fax: (214) 559-7010
Website: www.permrock.com
e-mail: trustee@permrock.com View original content:https://www.prnewswire.com/news-releases/permrock-royalty-trust-declares-monthly-cash-distribution-302773993.htmlSOURCE PermRock Royalty Trust Original: PermRock Royalty Trust Declares Monthly Cash Distribution
US Market News
2月前
PermRock Royalty Trust Declares Monthly Cash DistributionApril 20, 2026 6:30 AM
PR Newswire (US)
DALLAS, Texas, April 20, 2026 /PRNewswire/ -- PermRock Royalty Trust (NYSE: PRT) (the "Trust") today declared a monthly cash distribution to record holders of its trust units representing beneficial interests in the Trust ("Trust Units") as of April 30, 2026, and payable on May 14, 2026, in the amount of $5,756.78 ($0.000473 per Trust Unit), based principally upon production during the month of February 2026.The following table displays underlying oil and natural gas sales volumes and average received wellhead prices attributable to the current and prior month net profits interest calculations:
Underlying Sales VolumesAverage Price
OilNatural GasOilNatural Gas
BblsBbls/DMcfMcf/D(per Bbl)(per Mcf)Current Month13,41647918,797671$60.96$1.70Prior Month12,11039134,7531,121$57.04$0.79Oil cash receipts for the properties underlying the Trust totaled $0.82 million for the current month, an increase of $0.13 million from the prior month's distribution period. T2S Permian Acquisition II LLC ("T2S") informed the Trust that this increase was primarily due to an increase in oil sales volumes and oil prices.Natural gas cash receipts for the properties underlying the Trust totaled $0.03 million for the current month, essentially unchanged from the prior month's distribution period despite the increase in natural gas sales prices. T2S informed the Trust that this was primarily due to a decrease in natural gas sales volumes. Total direct operating expenses, including marketing, lease operating expenses, and workover expenses, were $0.45 million, an increase of $0.11 million from the prior month's distribution period. T2S informed the Trust that this increase was due to increases in lease operating expenses and workover expenses.Severance and ad valorem taxes included in this month's net profits calculation were $0.04 million, a decrease of $0.04 million from the prior month's distribution period. T2S informed the Trust that this decrease was primarily due to a decrease in ad valorem taxes.T2S reported no capital expenditures this month due to completion of all drilling commenced in 2025.About PermRock Royalty TrustPermRock Royalty Trust is a Delaware statutory trust formed to own a net profits interest representing the right to receive 80% of the net profits from the sale of oil and natural gas production from certain properties owned and operated by T2S in the Permian Basin of West Texas. For more information on PermRock Royalty Trust, please visit our website at www.permrock.com.Cautionary Statement Concerning Forward-Looking StatementsCertain statements contained in this press release constitute "forward-looking statements." These forward-looking statements represent the Trust's and T2S's expectations or beliefs concerning future events, and it is possible that the results described in this press release will not be achieved. These forward-looking statements include the amount and date of any anticipated distribution to unitholders, future cash retentions, advancements or recoupments from distributions, and statements regarding T2S's operations and the resulting impact on the computation of the Trust's net profits. The amount of cash received or expected to be received by the Trust (and its ability to pay distributions) has been and will continue to be directly affected by volatility in commodity prices and oversupply. Other important factors that could cause actual results to differ materially from those projected in the forward-looking statements include expenses of the Trust and reserves for anticipated future expenses, uncertainties in estimating the cost of drilling activities and risks associated with drilling and operating oil and natural gas wells.Any forward-looking statement speaks only as of the date on which it is made, and, except as required by law, the Trust does not undertake any obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise. New factors emerge from time to time, and it is not possible for the Trust to predict all such factors. When considering these forward-looking statements, you should keep in mind the risk factors and other cautionary statements in the Trust's Annual Report on Form 10-K filed with the SEC on March 27, 2026, and other public filings filed with the SEC. The risk factors and other factors noted in the Trust's public filings with the SEC could cause its actual results to differ materially from those contained in any forward-looking statement. The Trust's filed reports are or will be available over the Internet at the SEC's website at http://www.sec.gov.Contact: PermRock Royalty Trust
Argent Trust Company, Trustee
Nancy Willis, Director of Royalty Trust Services,
Trust Administrator
Toll-free: (855) 588-7839
Fax: (214) 559-7010
Website: www.permrock.com
e-mail: trustee@permrock.com
View original content:https://www.prnewswire.com/news-releases/permrock-royalty-trust-declares-monthly-cash-distribution-302746825.htmlSOURCE PermRock Royalty Trust
Original: PermRock Royalty Trust Declares Monthly Cash Distribution
US Market News
3月前
PermRock Royalty Trust Declares Monthly Cash DistributionMarch 20, 2026 6:30 AM
PR Newswire (US)
DALLAS, March 20, 2026 /PRNewswire/ -- PermRock Royalty Trust (NYSE: PRT) (the "Trust") today declared a monthly cash distribution to record holders of its trust units representing beneficial interests in the Trust ("Trust Units") as of March 31, 2026, and payable on April 14, 2026, in the amount of $36,445.91 ($0.002995 per Trust Unit), based principally upon production during the month of January 2026.The following table displays underlying oil and natural gas sales volumes and average received wellhead prices attributable to the current and prior month net profits interest calculations:
Underlying Sales Volumes
Average Price
Oil
Natural Gas
Oil
Natural Gas
Bbls
Bbls/D
Mcf
Mcf/D
(per Bbl)
(per Mcf)Current Month12,110
391
34,753
1,121
$57.04
$0.79Prior Month16,605
536
12,459
402
$56.95
$2.68Oil cash receipts for the properties underlying the Trust totaled $0.69 million for the current month, a decrease of $0.26 million from the prior month's distribution period. T2S Permian Acquisition II LLC ("T2S") informed the Trust that this decrease was primarily due to a decrease in oil sales volumes that was only partially offset by the increase in oil prices.Natural gas cash receipts for the properties underlying the Trust totaled $0.03 million for the current month, essentially unchanged from the prior month's distribution period. T2S informed the Trust that this was primarily due to a decrease in natural gas prices that was only partially offset by the increase in natural gas sales volumes.Total direct operating expenses, including marketing, lease operating expenses, and workover expenses, were $0.34 million, a decrease of $0.13 million from the prior month's distribution period. T2S informed the Trust that this decrease was primarily due to a decrease in lease operating expenses.Severance and ad valorem taxes included in this month's net profits calculation were $0.08 million, essentially unchanged from the prior month's distribution period. Total capital expenditures totaled $4,987 for the current month. T2S reported these minimal capital expenses were related to tangible and intangible completion costs.T2S informed the Trust that this month's net profits calculation included the application of $84,933 net to the Trust of funds previously reserved by T2S to cover future capital obligations and expenses.About PermRock Royalty TrustPermRock Royalty Trust is a Delaware statutory trust formed to own a net profits interest representing the right to receive 80% of the net profits from the sale of oil and natural gas production from certain properties owned and operated by T2S in the Permian Basin of West Texas. For more information on PermRock Royalty Trust, please visit our website at www.permrock.com. Cautionary Statement Concerning Forward-Looking StatementsCertain statements contained in this press release constitute "forward-looking statements." These forward-looking statements represent the Trust's and T2S's expectations or beliefs concerning future events, and it is possible that the results described in this press release will not be achieved. These forward-looking statements include the amount and date of any anticipated distribution to unitholders, future cash retentions, advancements or recoupments from distributions, and statements regarding T2S's operations and the resulting impact on the computation of the Trust's net profits. The amount of cash received or expected to be received by the Trust (and its ability to pay distributions) has been and will continue to be directly affected by volatility in commodity prices and oversupply. Other important factors that could cause actual results to differ materially from those projected in the forward-looking statements include expenses of the Trust and reserves for anticipated future expenses, uncertainties in estimating the cost of drilling activities and risks associated with drilling and operating oil and natural gas wells.Any forward-looking statement speaks only as of the date on which it is made, and, except as required by law, the Trust does not undertake any obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise. New factors emerge from time to time, and it is not possible for the Trust to predict all such factors. When considering these forward-looking statements, you should keep in mind the risk factors and other cautionary statements in the Trust's Annual Report on Form 10-K filed with the SEC on March 31, 2025, and other public filings filed with the SEC. The risk factors and other factors noted in the Trust's public filings with the SEC could cause its actual results to differ materially from those contained in any forward-looking statement. The Trust's filed reports are or will be available over the Internet at the SEC's website at http://www.sec.gov.Contact: PermRock Royalty Trust
Argent Trust Company, Trustee
Nancy Willis, Director of Royalty Trust Services,
Trust Administrator
Toll-free: (855) 588-7839
Fax: (214) 559-7010
Website: www.permrock.com
e-mail: trustee@permrock.com
View original content:https://www.prnewswire.com/news-releases/permrock-royalty-trust-declares-monthly-cash-distribution-302719303.htmlSOURCE PermRock Royalty Trust
Original: PermRock Royalty Trust Declares Monthly Cash Distribution
US Market News
4月前
PermRock Royalty Trust Declares Monthly Cash DistributionFebruary 17, 2026 6:30 AM
PR Newswire (US)
DALLAS, Feb. 17, 2026 /PRNewswire/ -- PermRock Royalty Trust (NYSE:PRT) (the "Trust") today declared a monthly cash distribution to record holders of its trust units representing beneficial interests in the Trust ("Trust Units") as of February 27, 2026, and payable on March 13, 2026, in the amount of $131,772.12 ($0.010831 per Trust Unit), based principally upon production during the month of December 2025.The following table displays underlying oil and natural gas sales volumes and average received wellhead prices attributable to the current and prior month net profits interest calculations:
Underlying Sales VolumesAverage Price
OilNatural GasOilNatural Gas
BblsBbls/DMcfMcf/D(per Bbl)(per Mcf)Current Month16,60553612,459402$56.95$2.68Prior Month15,85752914,637488$57.51$2.20Oil cash receipts for the properties underlying the Trust totaled $0.95 million for the current month, an increase of $0.04 million from the prior month's distribution period. T2S Permian Acquisition II LLC ("T2S") informed the Trust that this increase was primarily due to an increase in oil sales volumes.Natural gas cash receipts for the properties underlying the Trust totaled $0.03 million for the current month, essentially unchanged from the prior month's distribution period. T2S informed the Trust that this was primarily due to a decrease in natural gas sales volumes that was only partially offset by the increase in natural gas prices.Total direct operating expenses, including marketing, lease operating expenses, and workover expenses, were $0.47 million, an increase of $0.06 million from the prior month's distribution period. T2S informed the Trust that this increase was primarily due to an increase in lease operating expenses.Severance and ad valorem taxes included in this month's net profits calculation were $0.08 million, an increase of $0.05 million from the prior month's distribution period. T2S informed the Trust that this increase was primarily due to the application of a credit of ad valorem tax amounts in the prior month's distribution period.T2S reported there were no capital expenditures this month due to completion of all drilling commenced in 2025.About PermRock Royalty TrustPermRock Royalty Trust is a Delaware statutory trust formed to own a net profits interest representing the right to receive 80% of the net profits from the sale of oil and natural gas production from certain properties owned and operated by T2S in the Permian Basin of West Texas. For more information on PermRock Royalty Trust, please visit our website at www.permrock.com.Cautionary Statement Concerning Forward-Looking StatementsCertain statements contained in this press release constitute "forward-looking statements." These forward-looking statements represent the Trust's and T2S's expectations or beliefs concerning future events, and it is possible that the results described in this press release will not be achieved. These forward-looking statements include the amount and date of any anticipated distribution to unitholders, future cash retentions, advancements or recoupments from distributions, and statements regarding T2S's operations and the resulting impact on the computation of the Trust's net profits. The amount of cash received or expected to be received by the Trust (and its ability to pay distributions) has been and will continue to be directly affected by volatility in commodity prices and oversupply. Other important factors that could cause actual results to differ materially from those projected in the forward-looking statements include expenses of the Trust and reserves for anticipated future expenses, uncertainties in estimating the cost of drilling activities and risks associated with drilling and operating oil and natural gas wells.Any forward-looking statement speaks only as of the date on which it is made, and, except as required by law, the Trust does not undertake any obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise. New factors emerge from time to time, and it is not possible for the Trust to predict all such factors. When considering these forward-looking statements, you should keep in mind the risk factors and other cautionary statements in the Trust's Annual Report on Form 10-K filed with the SEC on March 31, 2025, and other public filings filed with the SEC. The risk factors and other factors noted in the Trust's public filings with the SEC could cause its actual results to differ materially from those contained in any forward-looking statement. The Trust's filed reports are or will be available over the Internet at the SEC's website at http://www.sec.gov.Contact: PermRock Royalty Trust
Argent Trust Company, Trustee
Nancy Willis, Director of Royalty Trust Services,
Trust Administrator
Toll-free: (855) 588-7839
Fax: (214) 559-7010
Website: www.permrock.com
e-mail: trustee@permrock.com
View original content:https://www.prnewswire.com/news-releases/permrock-royalty-trust-declares-monthly-cash-distribution-302689016.htmlSOURCE PermRock Royalty Trust
Original: PermRock Royalty Trust Declares Monthly Cash Distribution