PermRock Royalty Trust Announces Monthly Cash Distribution for September
PermRock Royalty Trust (NYSE: PRT) has declared a monthly cash distribution of $238,742.30 ($0.0196242 per Trust Unit), to be paid on October 15, 2026, based primarily on production during July 2026. The distribution reflects lower oil sales prices and volumes compared to the prior month but includes an increase in natural gas revenues due to higher wellhead pricing. Oil cash receipts for the Trust's properties dropped by $0.17 million from June to July, while natural gas revenue rose slightly. Other income sources like salt water disposal fees are now reported separately as other revenue rather than being offset against operating expenses. Operating costs remained stable at around $0.66 million and severance taxes decreased due to lower oil prices. Capital expenditures for the month totaled approximately $117,000, largely covering completion and workover activities in the Permian Basin.
Tickers: $PRT
Topics: dividends natural gas oil production data