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 January 30, 2026, and payable on February 13, 2026, in the amount of $235,849.49 ($0.019386 per Trust Unit), based principally upon production during the month of November 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 15,857 529 14,637 488 $57.51 $2.20 Prior Month 18,679 603 12,952 418 $57.47 $1.21 Oil cash receipts for the properties underlying the Trust totaled $0.91 million for the current month, a decrease of $0.16 million from the prior month's distribution period. T2S Permian Acquisition II LLC ("T2S") informed the Trust that this decrease was primarily due to a decrease in oil sales volumes. Natural gas cash receipts for the properties underlying the Trust totaled $0.03 million for the current month, a slight increase of $0.01 million from the prior month's distribution period. T2S informed the Trust that this increase was primarily due to an increase in natural gas sales volumes and prices. Total direct operating expenses, including marketing, lease operating expenses, and workover expenses, were $0.41 million, a decrease of $0.10 million from the prior month's distribution period. T2S informed the Trust that this decrease was primarily due to no workovers performed, as well as reduced chemical usage and reduced repair and maintenance costs. Severance and ad valorem taxes included in this month's net profits calculation were $0.03 million, a decrease of $0.09 million from the prior month's distribution period. This decrease was due to the application of a credit of ad valorem tax amounts accrued in prior periods. T2S reported there were no capital expenditures this month due to completion of all drilling commenced in 2025.... Read more

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