PermRock Royalty Trust (NYSE:PRT) announced a cash distribution of $384,018.36, equating to $0.031565 per trust unit, payable on November 17, 2025, to unitholders of record as of October 31, 2025.
This distribution is principally based on production during August 2025. Underlying oil sales volumes for August were 22,490 barrels, with an average received wellhead price of $58.06 per barrel. Natural gas sales volumes totaled 25,914 Mcf at an average price of $2.31 per Mcf.
Oil cash receipts for the current month totaled $1.31 million, marking a decrease of $0.07 million from the prior month's distribution period. This reduction was primarily due to a decline in oil prices, which was not offset by the increase in oil sales volumes. Natural gas cash receipts remained essentially unchanged at $0.06 million, as a decrease in natural gas prices was counteracted by an increase in sales volumes.
Total direct operating expenses reached $0.61 million, an increase of $0.18 million from the prior month's distribution period, driven by the completion of workover projects and the implementation of a chemical treatment program. Severance and ad valorem taxes included in the net profits calculation were $0.14 million. Total capital expenditures for August 2025 were $0.04 million, related to capital additions to a well operated by a third-party operator, as reported by T2S Permian Acquisition II LLC. Additionally, the net profits calculation incorporated the application of $0.10 million net to the Trust from funds previously reserved by T2S to cover capital obligations and expenses.
