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 $0.016 per unit, payable October 14, 2026 to unitholders of record on September 30, 2026.
Oil cash receipts rose to $3.9 million, up $0.6 million month-over-month, on realized prices of $92.96/Bbl, while natural gas receipts rose to $1.2 million on $2.21/Mcf, with underlying oil and gas volumes up across both commodities.
Accrued operating expenses rose to $2.9 million and capital expenditures jumped $1.4 million to $1.7 million; the Sponsor is releasing $0.3 million of its $2.0 million development reserve while continuing to hold $1.8 million, signaling increased drilling activity on the underlying properties.
Separately, the Sponsor closed a $0.3 million partial sale of non-producing acreage free and clear of the Trust's net profits interest, with the Trust's share of proceeds to be included in an upcoming monthly distribution.