
PermRock Royalty Trust announces July distribution
- PermRock Royalty Trust (NYSE:PRT) has declared a monthly cash distribution of $370,879.54, or $0.030485 per Trust Unit.
- The distribution is payable on July 15, 2026, to holders of record as of June 30, 2026, based on April 2026 production data.
- The Trust reported higher oil sales volumes and prices for April, which helped offset a decrease in natural gas production.
PermRock Royalty Trust (NYSE:PRT) announced a monthly cash distribution of $370,879.54, or $0.030485 per Trust Unit, for its stakeholders.
This dividend reflects a notable shift in operational results compared to the previous month, driven primarily by an increase in oil sales volumes and realized wellhead prices.
Underlying production for April 2026 totaled 16,905 Bbls of oil at an average price of $94.20/Bbl and 5,278 Mcf of natural gas at $3.72/Mcf.
While oil receipts rose by $0.24 million, natural gas receipts fell by $0.02 million, and the Trust successfully reduced direct operating expenses by $0.36 million to a total of $0.57 million for the period.
The Trust derives its value from net profits interests in oil and natural gas properties located in the Permian Basin in West Texas.
These assets cover approximately 31,354 gross acres and have remained the primary focus of the Trust's long-term business strategy to provide monthly distributions to unit holders.