PermRock Royalty Trust declares $265,001 distribution
- PermRock Royalty Trust declared a monthly cash distribution of $265,001.53, equal to $0.021782 per Trust Unit.
- The distribution was based mainly on June 2026 production of 16,087 barrels of oil and 19,905 Mcf of natural gas.
- Lower oil and gas prices reduced receipts, while operating expenses increased to $0.66 million.
PermRock Royalty Trust (NYSE:PRT) declared a monthly cash distribution of $265,001.53, or $0.021782 per Trust Unit, based mainly on June 2026 production.
The distribution will be paid on September 15, 2026, to unitholders of record as of August 31, 2026, following production activity from the trust’s underlying assets.
June production included 16,087 barrels of oil and 19,905 Mcf of natural gas, with average prices of $88.13 per barrel for oil and $0.64 per Mcf for natural gas.
Oil cash receipts totaled $1.42 million, down $0.16 million from the prior month, while natural gas receipts were approximately $0.01 million and direct operating expenses increased to $0.66 million.
Severance and ad valorem taxes totaled $0.07 million, while capital expenditures were $4,110 during the period.
The net profits calculation also included a $100,000 reserve by T2S Permian Acquisition II for future ad valorem tax obligations.
