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Permianville Royalty Trust(PVL) - 2024 Q3 - Quarterly Results

Distribution and Cash Flow - Monthly cash distribution of $0.015000 per unit, payable on November 15, 2024 [1] - Future distributions expected to fluctuate based on production volumes, oil and gas prices, and capital expenditures [5] - Forward-looking statements highlight potential impacts of commodity price volatility and future capital expenditures on distributions [6] Oil Sales and Revenue - Current month oil sales volumes: 52,287 Bbls (1,687 Bbls/D) at an average price of $79.43/Bbl [2] - Oil cash receipts totaled $4.2 million, up $1.2 million from the prior month [2] Natural Gas Sales and Revenue - Current month natural gas sales volumes: 1,105,204 Mcf (36,840 Mcf/D) at an average price of $2.44/Mcf [2] - Natural gas cash receipts totaled $2.7 million, up $2.1 million from the prior month [3] Operating Expenses and Capital Expenditures - Total accrued operating expenses: $3.5 million, a $1.0 million increase month-over-month [3] - Capital expenditures increased to $1.9 million, up $1.6 million from the prior period [3] Cash Reserves and Future Development - $0.5 million withheld from net profits to establish a cash reserve for future development expenses [4]