PermRock Royalty Trust (NYSE:PRT) today announced a monthly cash distribution of $36,445.91, or $0.002995 per Trust Unit, payable on April 14, 2026, to unit holders of record as of March 31, 2026.
This distribution is based principally on the trust's underlying oil and natural gas production from the Permian Basin during the month of January 2026.
The January reporting period reflected a decrease in commodity receipts.
Total oil receipts for the month were $0.69 million, down $0.26 million from the prior period, while natural gas receipts remained essentially unchanged at $0.03 million.
Underlying production volumes for January totaled 12,110 barrels of oil (averaging 391 Bbls/D) and 34,753 Mcf of natural gas (averaging 1,121 Mcf/D).
The decline in revenue was partially offset by a significant reduction in total operating expenses, which fell by $0.13 million to $0.34 million.
To stabilize the distribution for April, the trust applied $84,933 of previously reserved funds to the net profits calculation.
Capital expenditures for the period remained minimal at $4,987, as the trust continues to prioritize cash flow over aggressive development in the current price environment.
Severance and ad valorem taxes for the January production month totaled approximately $0.08 million.