PermRock Royalty Trust announces monthly distribution of 395,288.31 USD

PermRock Royalty Trust has declared a monthly distribution of 395,288.31 USD, or 0.032491 USD per trust unit, payable on August 14, 2025, based on production revenues from May 2025.

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PermRock Royalty Trust (NYSE: PRT) announced on July 21, 2025, a monthly distribution of 395,288.31 USD (0.032491 USD per trust unit) to its unit holders, representing beneficial interests in the Trust. The distribution is based on oil and natural gas production for the month of May 2025 and will be paid on August 14, 2025.

Production and revenues from previous months
Oil sales reached 18,941 barrels (Bbl) for this month, compared to 21,171 barrels the previous month. The average price received for oil decreased to 59.36 USD per barrel, down from 61.82 USD in May. For natural gas, volumes totaled 26,454 thousand cubic feet (Mcf), down from 35,024 Mcf the previous month, with the average price falling to 1.67 USD per Mcf from 2.61 USD in May. This drop in volumes and prices explains a decrease in cash receipts for both oil and natural gas.

Operating expenses and investments
Direct operating expenses, including marketing fees, lease operating expenses, and workover costs, totaled 0.36 million USD, an increase of 0.04 million USD from the previous month. Severance and ad valorem taxes amounted to 0.12 million USD for the month. Capital expenditures recorded a notable increase of 0.25 million USD, reaching 0.27 million USD, mainly due to the drilling of a new well in Glasscock County, Texas, by a third-party operator.

T2S Permian Acquisition II LLC (T2S) informed the Trust that the increase in capital expenditures was related to this drilling operation. Furthermore, the Trust also applied 0.21 million USD of funds previously reserved by T2S to cover future capital obligations and expenses, which contributed to the monthly distribution.

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