Business
Permianville Royalty Trust Announces Monthly Operational Update
HOUSTON, July 18, 2025--Permianville Royalty Trust (NYSE: PVL, the "Trust") today announced the net profits interest calculation for July 2025. The net profits interest calculation represents reported oil production for the month of April 2025 and reported natural gas production during March 2025. The calculation includes accrued costs incurred in May 2025.
About this update from Permianville Royalty Trust
[{"type":"text","content":"HOUSTON, July 18, 2025--(BUSINESS WIRE)--Permianville Royalty Trust (NYSE: PVL, the "Trust") today announced the net profits interest calculation for July 2025. The net profits interest calculation represents reported oil production for the month of April 2025 and reported natural gas production during March 2025. The calculation includes accrued costs incurred in May 2025.","length":386,"tagName":"p"},{"type":"text","content":"As a result of the elevated capital expenditures recorded in the current month as described below, for which timing is not always ratable month-to-month, direct operating and development expenses exceeded cash receipts, leading to a shortfall of approximately $0.3 million in the current month. As a result, no monthly distribution will be paid in August 2025 to the Trust’s unitholders of record on July 31, 2025.","length":414,"tagName":"p"},{"type":"text","content":"The following table displays reported underlying oil and natural gas sales volumes and average received wellhead prices attributable to the current and prior month recorded net profits interest calculations.","length":207,"tagName":"p"},{"type":"table","headerItems":[],"items":[{"val":[{"colspan":"1","rowspan":"1","style":"vertical-align:top;padding-left:0.0px;width:20%;","val":[]},{"colspan":"1","rowspan":"1","style":"vertical-align:top;padding-left:0.0px;width:1%;","val":[]},{"colspan":"7","rowspan":"1","style":"vertical-align:top;border-bottom:solid black 1.0pt;padding-left:0.0px;","val":[{"type":"text","content":"Underlying Sales Volumes","length":24,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:top;padding-left:0.0px;width:1%;","val":[]},{"colspan":"5","rowspan":"1","style":"vertical-align:top;border-bottom:solid black 1.0pt;padding-left:0.0px;","val":[{"type":"text","content":"Average Price","length":13,"tagName":"p","attribs":{}}]}]},{"val":[{"colspan":"1","rowspan":"1","style":"vertical-align:top;padding-left:0.0px;width:20%;","val":[]},{"colspan":"1","rowspan":"1","style":"vertical-align:top;padding-left:0.0px;width:1%;","val":[]},{"colspan":"3","rowspan":"1","style":"border-bottom:solid black 1.0pt;padding-left:0.0px;vertical-align:bottom;","val":[{"type":"text","content":"Oil","length":3,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"vertical-align:top;padding-left:0...