Key Highlights

  • A $0.0196242 per unit distribution, or $238,742.30 in aggregate, is payable October 15 to unitholders of record September 30.
  • The distribution was based on July 2026 production of 15,632 barrels of oil and 19,662 Mcf of natural gas.
  • The average oil price was $79.81 per barrel, compared with $88.13 the prior month, and gas averaged $1.16 per Mcf.
  • Second-quarter distributable income was $409,050, or $0.033622 per unit, and six-month distributable income was $813,117.

Overview

PermRock Royalty Trust (NYSE:PRT) declared a monthly cash distribution of $0.0196242 per unit, or $238,742.30 in aggregate, payable October 15, 2026 to unitholders of record on September 30. The distribution yields 10.33%. It was based on July 2026 production, when oil averaged $79.81 per barrel and Natural Gas averaged $1.16 per Mcf.

Distribution Program and Unitholder Returns

The Trustee declared a distribution of $0.0196242 per unit on September 18, 2026, totaling $238,742.30. The Record Date is September 30, 2026, and payment is October 15. The distribution trades ex-distribution on September 30.

The trust's published schedule shows distributions of $0.030485 for June, $0.022579 for July and $0.021782 for August. Earlier in 2026 the schedule lists $0.019386 for January, $0.010831 for February, $0.002995 for March, $0.000473 for April and $0.002664 for May. Distributions are variable and are based on monthly cash receipts after expenses, not on a fixed rate. The schedule states that record and payment dates are subject to change at any time, as deemed necessary by the trustee.

About the Trust

PermRock Royalty Trust is a Delaware statutory trust formed in 2017. Its principal asset is a net profits interest in specified oil and natural gas properties. The trust is passive and does not operate the underlying properties. Its distributions depend on production, realized prices, property expenses and trust-level expenses.

Second-Quarter Distributable Income

Net profits income was $697,904 in the second quarter, and distributable income was $409,050, or $0.033622 per unit. For the six months, net profits income was $1,345,337 and distributable income was $813,117, or $0.066834 per unit.

The 10-Q states that weaker production and gas pricing outweighed higher oil prices. These are trust-level distributable income measures, not conventional corporate Revenue and net income.

July Production, Prices and Receipts

Oil sales volumes were 15,632 barrels, or 504 barrels per day, compared with 16,087 barrels, or 536 per day, in the prior month. Natural gas volumes were 19,662 Mcf, or 634 Mcf per day, compared with 19,905 Mcf, or 664 per day.

The oil price was $79.81 per barrel, compared with $88.13, while the natural gas price was $1.16 per Mcf, compared with $0.64. Oil receipts were $1.25 million, down $0.17 million, primarily from lower oil sales prices and volumes.

Natural gas receipts were $0.02 million, up $0.01 million on higher prices. Operating expenses were essentially flat at $0.66 million.

Outlook

Oil prices and sales volumes, natural gas prices, operating and trust expenses, and the trustee's monthly declarations are the relevant considerations. The trust's schedule lists the next record date as October 30, 2026 and payment as November 16. The second quarter is the most recent reported period.