PermRock Royalty Trust Declares Monthly Cash Distribution

PermRock Royalty Trust (NYSE: PRT) (the "Trust") today declared a monthly cash distribution to record holders of its trust units representing beneficial interests in the Trust ("Trust Units") as of October 31, 2025, and payable on November 17, 2025, in the amount of $384,018.36 ($0.031565 per Trust Unit), based principally upon production during the month of August 2025. The following table displays underlying oil and natural gas sales volumes and average received wellhead prices attributable to the current and prior month net profits interest calculations: Underlying Sales Volumes Average Price Oil Natural Gas Oil Natural Gas Bbls Bbls/D Mcf Mcf/D (per Bbl) (per Mcf) Current Month 22,490 725 25,914 836 $58.06 $2.31 Prior Month 20,993 677 15,784 509 $65.79 $3.94 Oil cash receipts for the properties underlying the Trust totaled $1.31 million for the current month, a decrease of $0.07 million from the prior month's distribution period. This decrease was primarily due to a decrease in oil prices that was not offset by the increase in oil sales volumes. Natural gas cash receipts for the properties underlying the Trust totaled $0.06 million for the current month. This amount is essentially unchanged from the prior month's distribution period because the decrease in natural gas prices was offset by the increase in natural gas sales volumes. Total direct operating expenses, including marketing, lease operating expenses, and workover expenses, were $0.61 million, an increase of $0.18 million from the prior month's distribution period. This increase was related to completion of workover projects and the implementation of a chemical treatment program. Severance and ad valorem taxes included in this month's net profits calculation were $0.14 million. Total capital expenditures during the production month of August 2025 were $0.04 million. T2S Permian Acquisition II LLC ("T2S") informed the Trust that this amount was related to capital additions to a well operated by a third-party operator. T2S informed the Trust that this month's net profits calculation included the application of $0.10 million net to the Trust of funds previously reserved by T2S to cover capital obligations and expenses.... Read more

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