Permianville Royalty Announces October Distribution Based on June Oil, May Gas Production
Permianville Royalty Trust has announced its monthly cash distribution for October 2026. The payout will be $0.016000 per unit, payable on October 14, 2026, to unitholders of record on September 30, 2026. This distribution is based on the trust's net profits interest calculations using reported oil production for June 2026 and natural gas production for May 2026.
The trust received $3.9 million in oil cash receipts this month, with a realized wellhead price of $92.96 per barrel. Natural gas cash receipts came in at $1.2 million, based on a realized wellhead price of $2.21 per Mcf. Accrued operating expenses for the current month were $2.9 million.
The trust's sponsor has released $0.3 million from a previously disclosed $2.0 million cash reserve for future development expenses. The sponsor also completed a partial sale of non-producing acreage in September 2026, generating $0.3 million in proceeds that will be included in an upcoming distribution.