PermRock Royalty Trust - Form 8-K Summary
Business Context and Reporting Period
This Form 8-K was filed on August 19, 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 August 31, 2022, based principally on production during June 2022.
Key Financial Metrics
- Cash Distribution: $1,119,292.92 total.
- Distribution Per Unit: $0.092003 per Trust Unit.
- Payment Date: September 15, 2022.
- Revenue, Profit, and Margins: The filing text does not provide specific revenue, profit, margin, debt, or liquidity figures for the period.
Material Changes
The filing does not explicitly compare the current distribution to prior periods or detail material changes in financial condition versus the prior comparable period. It solely announces the specific distribution amount for the June 2022 production cycle.
Guidance, Outlook, and Risks
The filing contains no forward-looking guidance, management commentary on future outlook, or specific discussion of risks and contingencies beyond the standard disclosure that the information is "furnished" and not "filed" for liability purposes under Section 18 of the Exchange Act.
Investor Verification Checklist
- Verify the record date of August 31, 2022, to confirm eligibility for the $0.092003 per unit distribution.
- Confirm the payment date of September 15, 2022, for cash receipt.
- Review the attached press release (Exhibit 99.1) for detailed production data underlying the June 2022 distribution.
- Note that the Trust has no directors or executive officers; Simmons Bank acts as Trustee.