Permianville Royalty Trust (NYSE: PVL) has announced a cash distribution of $0.015000 per unit for the month of November 2026. The payment is scheduled for November 13, 2026, and will be issued to unitholders of record as of October 30, 2026.
The distribution amount is calculated based on reported oil production for July 2026 and reported natural gas production for June 2026, including accrued costs incurred in August 2026. The Trust reported underlying oil sales volumes of 38,067 barrels and natural gas sales volumes of 783,863 thousand cubic feet for the current month. The average realized wellhead price for oil was $81.06 per barrel, while the average price for natural gas was $3.05 per thousand cubic feet.
Recorded cash receipts from the Underlying Properties totaled $3.1 million for oil and $2.4 million for natural gas in the current month. Total accrued operating expenses for the month were $2.6 million, and capital expenditures were $1.6 million.
The Sponsor, COERT Holdings 1 LLC, has established a cash reserve of $2.0 million for approved, future development expenses associated with Haynesville drilling. To account for expected increases in capital expenditures, the Sponsor is withholding an additional $0.3 million from the current month's net profits to be added to this reserve. Additionally, proceeds from a partial sale of non-producing acreage closed in September 2026, net of transaction expenses, will be included in the November 2026 distribution.
