PermRock Royalty Trust (NYSE: PRT) announced on September 18, 2026, that it has declared a monthly cash distribution to unitholders. The payment will be issued to record holders of Trust Units as of September 30, 2026, and is scheduled to be paid on October 15, 2026.
The total amount of the distribution is $238,742.30, which equates to $0.0196242 per Trust Unit. The distribution is based principally upon oil and natural gas production during the month of July 2026.
The filing details the financial performance of the properties underlying the Trust, which are owned and operated by T2S Permian Acquisition II LLC in the Permian Basin. For the current month, underlying oil sales volumes totaled 15,632 barrels, while natural gas sales volumes totaled 19,662 thousand cubic feet. The average received wellhead price for oil was $79.81 per barrel, and $1.16 per thousand cubic feet for natural gas.
Oil cash receipts for the properties totaled $1.25 million for the current month, a decrease of $0.17 million from the prior month. T2S attributed this decrease primarily to lower oil sales prices and volumes. Conversely, natural gas cash receipts totaled $0.02 million, an increase of approximately $0.01 million from the prior month, driven by an increase in natural gas prices.
Total direct operating expenses for the month were $0.66 million, which the Trust noted was essentially unchanged from the prior period. Capital expenditures for the month were reported at $116,596, primarily consisting of tangible completion costs, including approximately $51,000 for plugging and $63,000 for capital workovers.
