Business Context and Reporting Period
This Form 8-K is a current report filed by PermRock Royalty Trust on October 21, 2022. The filing announces a cash distribution to record holders of Trust Units as of October 31, 2022, based principally on production during August 2022.
Key Financial Metrics
- Cash Distribution: $1,135,816.79 total.
- Distribution Per Unit: $0.093361 per Trust Unit.
- Payment Date: November 15, 2022.
- Record Date: October 31, 2022.
- Revenue, Profit, Margins, Debt, and Liquidity: The filing text does not provide specific values for these metrics; it focuses solely on the distribution announcement.
Material Changes
The filing does not explicitly compare the current distribution to prior periods or detail material changes in financial condition beyond the announcement of the specific payout amount.
Guidance, Outlook, and Risks
The filing contains no forward-looking guidance, management commentary on future outlook, or specific discussion of risks and contingencies. It 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 exact number of Trust Units outstanding to confirm the total distribution calculation.
- Confirm the record date (October 31, 2022) to ensure eligibility for the November 15, 2022 payment.
- Review the attached press release (Exhibit 99.1) for detailed production data underlying the August 2022 distribution.
- Check subsequent filings for any changes to the payment date or amount.