Permianville Royalty Trust(PVL) - 2025 Q3 - Quarterly Results

Monthly Distribution and Operational Update Permianville Royalty Trust announced a cash distribution for October 2025, based on recent production and financial performance, including a new development expense reserve Distribution Declaration Permianville Royalty Trust declared a $0.030000 per unit cash distribution for October 2025, payable November 14, 2025, based on July oil and June natural gas production | Metric | Value | | :--- | :--- | | Distribution per unit | $0.030000 | | Payable Date | November 14, 2025 | | Record Date | October 31, 2025 | | Oil Production Month | July 2025 | | Natural Gas Production Month | June 2025 | | Accrued Costs Month | August 2025 | Underlying Production and Pricing The Trust reported increased underlying sales volumes for oil and natural gas, with oil prices slightly down and natural gas prices up Underlying Sales Volumes and Average Prices (Current vs. Prior Month) | Metric | Current Month | Prior Month | Change | | :--- | :--- | :--- | :--- | | Oil Sales Volumes (Barrels) | 39,977 | 34,446 | +5,531 | | Oil Sales Volumes (Barrels/Day) | 1,290 | 1,148 | +142 | | Natural Gas Sales Volumes (Thousand Cubic Feet) | 825,273 | 702,645 | +122,628 | | Natural Gas Sales Volumes (Thousand Cubic Feet/Day) | 27,509 | 22,666 | +4,843 | | Average Oil Price (per Barrel) | $62.17 | $65.41 | -$3.24 | | Average Natural Gas Price (per Thousand Cubic Feet) | $2.91 | $2.81 | +$0.10 | Financial Performance Highlights Oil and natural gas cash receipts increased, while total accrued operating expenses rose slightly and capital expenditures remained consistent Cash Receipts and Expenses (Current vs. Prior Month) | Metric | Current Month | Prior Month (Implied) | Change | | :--- | :--- | :--- | :--- | | Oil Cash Receipts | $2.5 million | $2.3 million | +$0.2 million | | Natural Gas Cash Receipts | $2.4 million | $2.0 million | +$0.4 million | | Total Accrued Operating Expenses | $2.6 million | $2.5 million | +$0.1 million | | Capital Expenditures | $0.3 million | $0.3 million | Consistent | Development Expense Reserve The Sponsor increased its cash reserve for future development expenses, primarily for three Haynesville wells, bringing the total reserve to $0.7 million - Sponsor established a cash reserve for approved, future development expenses, primarily for three incremental Haynesville wells[6] Development Expense Reserve Details | Metric | Amount | | :--- | :--- | | Initial Cash Reserve | $0.3 million | | Additional Withholding (Current Month) | $0.4 million | | Total Cash Reserve to Date | $0.7 million | - The reserve is intended to fund expected increases in development expenses; unspent amounts will be released as incremental cash distributions in the future[6] Trust Overview Permianville Royalty Trust is a Delaware statutory trust owning an 80% net profits interest from oil and natural gas production in Texas, Louisiana, and New Mexico About Permianville Royalty Trust Permianville Royalty Trust is a Delaware statutory trust with an 80% net profits interest in oil and gas production across Texas, Louisiana, and New Mexico, with fluctuating monthly distributions - Permianville Royalty Trust is a Delaware statutory trust owning an 80% net profits interest from oil and natural gas production[7] - The Trust's properties are predominantly non-operated and located in Texas, Louisiana, and New Mexico[7] - Periodic distributions are expected to fluctuate based on actual production volumes, oil and gas prices, capital expenditures, and administrative expenses, with future distributions made monthly[7] Legal and Risk Disclosures This section addresses forward-looking statements, cautioning that actual results may differ due to commodity price volatility, Trust expenses, and capital expenditure increases Forward-Looking Statements and Cautionary Statements The press release contains forward-looking statements, with actual results subject to risks like commodity price volatility and increased capital expenditures impacting distributions - The press release contains forward-looking statements regarding anticipated distributions and future development on Underlying Properties[8] - Key risks include commodity price volatility, which can significantly reduce profits and cash available for distribution, potentially leading to no distributions[8] - Other factors that could cause actual results to differ materially include Trust expenses and future monthly capital expenditures exceeding prior levels[8] Contact Information Contact details for Permianville Royalty Trust are provided, including the Trustee and a specific contact person Permianville Royalty Trust Contact Contact information for Permianville Royalty Trust is provided, listing The Bank of New York Mellon Trust Company, N.A. as Trustee and a contact person - Contact details for Permianville Royalty Trust are provided, with The Bank of New York Mellon Trust Company, N.A. as Trustee[9] - Contact Person: Sarah Newell, Phone: 1 (512) 236-6555[9]