On March 20, 2026, PermRock Royalty Trust (NYSE: PRT) announced a cash distribution to record holders of its trust units representing beneficial interests in the Trust. The distribution, amounting to $36,445.91, translates to $0.002995 per Trust Unit, based on production during January 2026. This distribution is payable on April 14, 2026, to those holding Trust Units as of March 31, 2026. The announcement was made through a press release attached to the Form 8-K filed with the SEC. The Trust's operations are primarily focused on oil and natural gas production from properties in the Permian Basin of West Texas. The Trust's recent financial performance indicates a decrease in oil sales volumes, which has impacted cash receipts. For the current month, oil cash receipts totaled $0.69 million, down from $0.95 million in the prior month. Natural gas cash receipts remained stable at $0.03 million. The Trust's total direct operating expenses decreased to $0.34 million, reflecting a reduction in lease operating expenses. The Trust's capital expenditures for the month were minimal, totaling $4,987, related to completion costs. The Trust's management has indicated that the decrease in oil sales volumes was only partially offset by an increase in oil prices. The Trust continues to monitor market conditions and operational performance closely, aiming to optimize distributions to its unitholders.
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