Permianville Royalty Trust functions as a legally constituted trust. Its core activity involves holding a net profits interest that entitles it to receive 80% of the net earnings generated from the sale of crude oil and natural gas produced from sites located across Texas, Louisiana, and New Mexico. This trust was established in 2011 and operates out of Houston, Texas. Notably, it adopted its current name in September 2018, having previously been known as Enduro Royalty Trust.
Permianville Royalty Trust Announces Monthly Cash Distribution
Permianville Royalty Trust declared a monthly cash distribution of $0.027000 per unit, payable on September 15, 2026 to unitholders of record on August 31, 2026.
The distribution reflects reported oil production from May and reported natural gas production from April, with realized wellhead prices of $95.23 per barrel and $2.37 per Mcf respectively.
The Sponsor indicated it is maintaining a previously disclosed $2.0 million cash reserve for future development expenses on the underlying properties.