PermRock Royalty Trust 8-K Summary
Business Context and Reporting Period
This Form 8-K was filed on April 19, 2022, by PermRock Royalty Trust, a Delaware trust managed by Simmons Bank. The filing reports on a cash distribution to holders of Trust Units based on production activity during February 2022.
Key Financial Metrics
- Cash Distribution: $756,626.31 total.
- Distribution Per Unit: $0.062193 per Trust Unit.
- Record Date: April 29, 2022.
- Payment Date: May 13, 2022.
- Revenue, Profit, and Debt: The filing text does not provide specific values for revenue, net profit, operating margins, debt levels, or liquidity ratios beyond the distribution amount.
Material Changes
The filing does not explicitly compare the current distribution to prior periods or detail material changes in financial condition versus the previous comparable period. It solely announces the specific distribution amount derived from February 2022 production.
Outlook, Risks, and Management Commentary
Management commentary is limited to the announcement of the distribution. The filing notes that the information is "furnished" and not "filed" for purposes of Section 18 of the Securities Exchange Act of 1934. No specific guidance, future outlook, or new risk factors are detailed in this document.
Investor Verification Checklist
- Verify the record date (April 29, 2022) to confirm eligibility for the $0.062193 per unit distribution.
- Confirm the payment date of May 13, 2022, for cash receipt timing.
- Review the attached press release (Exhibit 99.1) for detailed production data underlying the February 2022 distribution.
- Check subsequent filings for comparative distribution data to assess trends, as this 8-K does not provide historical comparisons.