Monday, May 24, 2021 2:49:14 PM
We closed another 100k of the deficit in the May report which included the impact of the February storm that disrupted production and distribution in Texas. This leaves 500k left to fill before dividends return. If the fundamentals don't change, and oil holds above $60 then we are potentially on track to close the rest of the gap in the June report, or come pretty close. Estimates suggest 400k in June leaving 100k to fill in July. With $600k being estimated based on oil/nat gas prices and stabilized production we'd have a return to dividends with a sustainable payout in July.
There are still some headwinds to consider -- India under lockdown suppressing demand, OPEC hinting they might increase production, and a slight softening of oil prices over the past week or so.
Recent PVL News
- Permianville Royalty Trust Announces Filing of Annual Report on Form 10-K • Business Wire • 03/25/2024 04:17:00 PM
- Permianville Royalty Trust Announces Monthly Operational Update • Business Wire • 03/18/2024 08:15:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/16/2024 09:15:36 PM
- Permianville Royalty Trust Announces Monthly Operational Update • Business Wire • 02/16/2024 09:15:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/19/2024 09:15:45 PM
- Permianville Royalty Trust Announces Monthly Operational Update • Business Wire • 01/19/2024 09:15:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/18/2023 09:17:27 PM
- Permianville Royalty Trust Announces Monthly Operational Update • Business Wire • 12/18/2023 09:15:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/17/2023 09:15:16 PM
- Permianville Royalty Trust Announces Monthly Operational Update • Business Wire • 11/17/2023 09:15:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/06/2023 09:15:25 PM
- Permianville Royalty Trust Announces Second Special Cash Distribution of Net Proceeds from Permian Basin Divestiture • Business Wire • 11/06/2023 09:15:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/16/2023 08:15:07 PM
- Permianville Royalty Trust Announces Monthly Cash Distribution • Business Wire • 10/16/2023 08:15:00 PM
- Permianville Royalty Trust Announces Special Cash Distribution of Net Proceeds from Permian Basin Divestiture • Business Wire • 09/20/2023 08:50:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/20/2023 08:15:06 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/18/2023 08:15:16 PM
- Permianville Royalty Trust Announces Monthly Cash Distribution • Business Wire • 09/18/2023 08:15:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/18/2023 08:15:05 PM
- Permianville Royalty Trust Announces Monthly Cash Distribution • Business Wire • 08/18/2023 08:15:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/17/2023 09:34:44 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/14/2023 09:26:25 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/14/2023 08:10:24 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/09/2023 09:10:27 PM
- Permianville Royalty Trust Announces Closing of Permian Basin Divestiture • Business Wire • 08/09/2023 09:00:00 PM
FEATURED Glucotrack Announces Expansion of Its Continuous Glucose Monitoring Technology to Epidural Glucose Monitoring • Apr 17, 2024 8:00 AM
ILUS Provides Form 10-K Filing Update • ILUS • Apr 17, 2024 9:54 AM
Maybacks Global Entertainment To Fire Up 24 New Stations in Louisiana • AHRO • Apr 16, 2024 1:30 PM
Cannabix Technologies Begins Certification of Contactless Alcohol Breathalyzer, Re-Brands product series to Breath Logix • BLOZF • Apr 16, 2024 8:52 AM
Kona Gold Beverages, Inc. Acquires Surge Distribution LLC from Loud Beverage Group, Inc. (LBEV) • KGKG • Apr 16, 2024 8:30 AM
Branded Legacy, Inc. Reports Significant Net Income of Over $3.8 Million • BLEG • Apr 16, 2024 8:30 AM