Dividends & Buybacks ·
Permianville Royalty Trust pays $0.016 per unit October distribution
PVLPermianville Royalty Trust
Permianville Royalty Trust announced a monthly cash distribution of $0.016 per unit for October 2026, payable on October 14 to holders of record as of September 30. The distribution is based on reported oil production from June and natural gas production from May, with accrued costs from July included in the calculation. Underlying properties generated $3.9 million in oil cash receipts at an average price of $92.96 per barrel and $1.2 million in natural gas receipts at $2.21 per Mcf. The Sponsor released $0.3 million from a previously disclosed $2.0 million cash reserve for future development expenses, while retaining the remaining $1.8 million. Additionally, proceeds from a partial sale of non-producing acreage will be included in an upcoming distribution. Permianville Royalty Trust operates as a Delaware statutory trust that owns a net profits interest in oil and natural gas properties across Texas, Louisiana, and New Mexico.