PermRock Royalty Trust declares $265,002 monthly cash distribution, or $0.02 per unit - PRT News | RalliesPermRock Royalty Trust declares $265,002 monthly cash distribution, or $0.02 per unit
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PRT• Monthly cash distribution and operating update
- PermRock Royalty Trust declared a monthly cash distribution of USD 265,002, or USD 0.021782 per Trust Unit; payable Sept. 15.
- Oil sales volumes rose to 16,087 bbls from 15,086 bbls, up 6.63%; average oil price fell to USD 88.13 from USD 104.89, down 15.97%.
- Natural gas sales volumes increased to 19,905 mcf from 19,692 mcf, up 1.08%; average gas price slipped to USD 0.64 from USD 0.71, down 9.86%.
- Oil cash receipts totaled USD 1.42 million, down USD 0.16 million, or 10.13%; natural gas cash receipts held near USD 0.01 million.
- Total direct operating expenses rose to USD 0.66 million from USD 0.49 million, up 34.69%; capital expenditures were USD 4,110.
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