PermRock Royalty Trust 8-K Summary
Business Context and Reporting Period
This Form 8-K was filed on June 17, 2022, by PermRock Royalty Trust, a Delaware trust managed by Simmons Bank. The filing reports on a cash distribution to record holders of Trust Units as of June 30, 2022, based principally on production during April 2022.
Key Financial Metrics
- Cash Distribution: $1,217,916.85 total.
- Distribution Per Unit: $0.100110 per Trust Unit.
- Payment Date: July 15, 2022.
- Revenue, Profit, and Debt: The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity beyond the distribution amount.
Material Changes
The filing does not explicitly state material changes in financial condition compared to prior periods. It solely announces the specific distribution amount derived from April 2022 production.
Guidance, Outlook, and Risks
The filing contains no forward-looking guidance, management commentary on future outlook, or specific discussion of risks and contingencies. The document notes that the information is "furnished" and not "filed" for purposes of Section 18 of the Exchange Act.
Investor Verification Checklist
- Verify the record date of June 30, 2022, to confirm eligibility for the distribution.
- Confirm the payment date of July 15, 2022, for cash receipt.
- Review the attached press release (Exhibit 99.1) for detailed production data underlying the April 2022 distribution.
- Check the number of outstanding Trust Units to validate the per-unit calculation.