Business Context and Reporting Period
This Form 8-K is a current report filed by PermRock Royalty Trust on February 16, 2024. The filing announces a cash distribution to record holders of Trust Units as of February 29, 2024, based principally on production during December 2023.
Key Financial Metrics
- Cash Distribution: $422,639.42 total.
- Distribution Per Unit: $0.034740 per Trust Unit.
- Payment Date: March 14, 2024.
- Record Date: February 29, 2024.
- Revenue, Profit, Margins, Debt, and Liquidity: The filing text does not provide clear values for these metrics; it focuses solely on the distribution announcement.
Material Changes
The filing does not provide comparative financial data or explicitly state material changes versus prior periods. It reports the specific distribution amount derived from December 2023 production.
Guidance, Outlook, and Risks
The filing contains no forward-looking guidance, management commentary on future outlook, or discussion of specific risks and contingencies beyond the standard distribution mechanics. The document notes that the information is "furnished" and not "filed" for purposes of Section 18 of the Securities Exchange Act of 1934.
Investor Verification Checklist
- Verify the record date of February 29, 2024, to confirm eligibility for the distribution.
- Confirm the payment date of March 14, 2024, for cash receipt timing.
- Review the attached press release (Exhibit 99.1) for detailed production data underlying the December 2023 distribution.
- Check the number of outstanding Trust Units to validate the total distribution calculation.