PermRock Declares $0.0305 Monthly Distribution as Oil and Gas Prices Dip

PermRock Royalty Trust (NYSE:PRT) (the "Trust") today declared a monthly cash distribution to record holders of its trust units representing beneficial interests in the Trust ("Trust Units") as of May 30, 2025, and payable on June 13, 2025, in the amount of $371,192.79 ($0.030511 per Trust Unit), based principally upon production during the month of March 2025.

The following table displays underlying oil and natural gas sales volumes and average received wellhead prices attributable to the current and prior month net profits interest calculations:

	Underlying Sales Volumes				Average Price
	Oil		Natural Gas		Oil	Natural Gas
	Bbls	Bbls/D	Mcf	Mcf/D	(per Bbl)	(per Mcf)
Current Month	22,232	717	24,848	802	$66.92	$3.19
Prior Month	21,413	765	25,759	920	$70.27	$4.15

Oil cash receipts for the properties underlying the Trust totaled $1.49 million for the current month, a decrease of $0.01 million from the prior month's distribution period. This decrease was primarily due to a decrease in oil sales prices.

Natural gas cash receipts for the properties underlying the Trust totaled $0.08 million for the current month, a decrease of $0.03 million from the prior month's distribution period. This decrease was primarily due to a decrease in natural gas sales volumes and prices.

Total direct operating expenses, including marketing, lease operating expenses, and workover expenses, were $0.60 million, a decrease of $0.06 million from the prior month's distribution period. Severance and ad valorem taxes included in this month's net profits calculation were $0.14 million. Capital expenses were $0.01 million, a decrease of $0.04 million from the prior month's distribution period.