Business Context and Reporting Period
Company: Permianville Royalty Trust (PVL)
Filing Type: Form 8-K (Current Report)
Date of Report: January 17, 2025
Reporting Period: Monthly net profits interest calculation for the period ending December 31, 2024 (implied by January 17 announcement date).
Key Financial Metrics
The filing serves as a notification of a press release regarding the Trust's monthly net profits interest calculation. The specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity are not contained within the text of this Form 8-K. These figures are located in the attached press release (Exhibit 99.1), which is furnished but not filed as part of this document.
Material Changes
No material changes to financial condition or operations are detailed in the body of this filing. The document solely references the issuance of the monthly distribution calculation.
Guidance, Outlook, and Risks
Management Commentary: The Trustee, The Bank of New York Mellon Trust Company, N.A., announced the monthly net profits interest calculation via a press release.
Outlook/Guidance: No forward-looking guidance or outlook is provided in this filing.
Risks/Contingencies: No specific risks or contingencies are disclosed in this document.
Investor Verification Checklist
- Verify the exact net profits interest per unit and total distribution amount in the press release (Exhibit 99.1) referenced in this filing.
- Confirm the record date and payment date for the distribution announced on January 17, 2025.
- Review the underlying oil and gas production volumes and pricing assumptions used in the calculation, if disclosed in the attached exhibit.
- Check for any changes in the Trust's reserve estimates or royalty obligations that may impact future distributions.