PermRock Royalty Trust Declares $238,742.30 Monthly Distribution
PermRock Royalty Trust has declared a monthly cash distribution to record holders of its trust units, representing beneficial interests in the trust. The distribution amount is $238,742.30 per unit, which works out to $0.0196242 per unit. This payout is based on production during July 2026 and will be paid out on October 15, 2026.
The underlying sales volumes for oil and natural gas for the current month were 15,632 barrels of oil equivalent (BOE) and 19,662 thousand cubic feet (Mcf), respectively. The average prices received per unit for oil and natural gas were $79.81 and $1.16, respectively.
T2S Permian Acquisition II LLC informed the trust that the decrease in oil cash receipts was primarily due to decreases in oil sales prices and volumes. On the other hand, natural gas cash receipts increased by approximately $0.01 million from the prior month's distribution period, mainly due to an increase in natural gas sales prices.
Total direct operating expenses for the current month were $0.66 million, which is essentially unchanged from the prior month's distribution period. Severance and ad valorem taxes included in this month's net profits calculation were $0.06 million, a decrease of approximately $0.01 million from the prior month's distribution period.