PermRock Royalty Trust Files 8-K on Operations and Financials
Ticker: PRT · Form: 8-K · Filed: Feb 16, 2024 · CIK: 1724009
| Field | Detail |
|---|---|
| Company | Permrock Royalty Trust (PRT) |
| Form Type | 8-K |
| Filed Date | Feb 16, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $422,639.42, $0.034740 |
| Sentiment | neutral |
Sentiment: neutral
Topics: financial-condition, operations, 8-K, energy
TL;DR
**PermRock Royalty Trust just dropped an 8-K on its financials, so keep an eye on their performance.**
AI Summary
PermRock Royalty Trust filed an 8-K on February 16, 2024, reporting on its results of operations and financial condition. The filing indicates that Argent Trust Company serves as the Trustee for the Delaware-incorporated trust, which operates in the crude petroleum and natural gas industry. The report was filed under the Securities Exchange Act of 1934, with a Commission File Number of 001-38472.
Why It Matters
This filing provides an update on PermRock Royalty Trust's financial health and operational performance, which is crucial for investors to assess its current standing and future prospects in the energy sector.
Risk Assessment
Risk Level: low — This 8-K is a routine disclosure of financial condition and operations, not indicating any immediate high-risk events.
Key Numbers
- 001-38472 — Commission File Number (Identifies the filing with the SEC)
- 82-6725102 — I.R.S. Employer Identification Number (Identifies the registrant for tax purposes)
- (855) 588-7839 — Registrant's telephone number (Contact information for the registrant)
Key Players & Entities
- PermRock Royalty Trust (company) — Registrant
- Argent Trust Company (company) — Trustee
- Delaware (company) — State of incorporation
- February 16, 2024 (date) — Date of report
- 001-38472 (dollar_amount) — Commission File Number
FAQ
What is the purpose of this 8-K filing by PermRock Royalty Trust?
The 8-K filing by PermRock Royalty Trust is a current report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934, specifically reporting on 'Results of Operations and Financial Condition' and 'Financial Statements and Exhibits' as of February 16, 2024.
Who is the trustee for PermRock Royalty Trust?
Argent Trust Company is the Trustee for PermRock Royalty Trust, with its principal executive offices located at 3838 Oak Lawn Avenue, Suite 1720, Dallas, Texas 75219.
What is the state of incorporation for PermRock Royalty Trust?
PermRock Royalty Trust is incorporated in Delaware.
What is the Commission File Number for PermRock Royalty Trust?
The Commission File Number for PermRock Royalty Trust is 001-38472.
What industry does PermRock Royalty Trust operate in?
PermRock Royalty Trust operates in the Crude Petroleum & Natural Gas industry, as indicated by its Standard Industrial Classification (SIC) code 1311.
Filing Stats: 534 words · 2 min read · ~2 pages · Grade level 12 · Accepted 2024-02-16 14:53:56
Key Financial Figures
- $422,639.42 — ble on March 14, 2024, in the amount of $422,639.42 ($0.034740 per Trust Unit), based princ
- $0.034740 — 14, 2024, in the amount of $422,639.42 ($0.034740 per Trust Unit), based principally upon
Filing Documents
- prt_8k.htm (8-K) — 17KB
- ex99x1.htm (EX-99.1) — 14KB
- 0001079973-24-000267.txt ( ) — 32KB
02 Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition. On February 16, 2024, PermRock Royalty Trust (the “Trust”) issued a press release, a copy of which is attached hereto as Exhibit 99.1, announcing, among other things, a cash distribution to record holders of its trust units representing beneficial interests in the Trust (“Trust Units”) as of February 29, 2024, and payable on March 14, 2024, in the amount of $422,639.42 ($0.034740 per Trust Unit), based principally upon production during the month of December 2023. In accordance with general instruction B.2 to Form 8-K, the information in this Form 8-K shall be deemed “furnished” and not “filed” with the Securities and Exchange Commission for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 99.1 Press Release dated February 16, 2024 .
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. PERMROCK ROYALTY TRUST By: Argent Trust Company, as Trustee By: /s/ Jana Egeler Jana Egeler Vice President, Trust Administrator Date:February 16, 2024 (The Trust has no directors or executive officers.)