PermRock Royalty Trust 8-K Summary
Business Context and Reporting Period
This Form 8-K was filed by PermRock Royalty Trust on October 19, 2021. The Trust, managed by Simmons Bank as Trustee, reported a cash distribution to record holders of its trust units as of October 29, 2021. The distribution is based principally on production during the month of August 2021.
Key Financial Metrics
- Total Cash Distribution: $650,270.27
- Distribution Per Unit: $0.053450
- Payment Date: November 15, 2021
- Record Date: October 29, 2021
The filing 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 metrics compared to the prior comparable period. It solely announces the distribution amount derived from August 2021 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 Securities Exchange Act of 1934.
Key Facts for Investor Verification
- Verify the number of outstanding trust units to confirm the total distribution calculation.
- Confirm the record date of October 29, 2021, to ensure eligibility for the November 15, 2021 payment.
- Review the attached press release (Exhibit 99.1) for details on the August 2021 production volumes driving the distribution.