PermRock Royalty Trust Files 8-K on Financial Condition

TL;DR

**PermRock Royalty Trust just filed an 8-K, signaling an upcoming or recent financial results release.**

AI Summary

PermRock Royalty Trust filed an 8-K on January 19, 2024, indicating a current report under Section 13 or 15(d) of the Securities Exchange Act of 1934. This filing, which includes 'Results of Operations and Financial Condition' and 'Financial Statements and Exhibits,' signals that the Trust is likely preparing to release or has just released its latest financial performance data. For investors, this matters because the Trust's value is directly tied to its distributions, which are based on its financial results from oil and natural gas royalties.

Why It Matters

This filing indicates that PermRock Royalty Trust is providing an update on its financial performance, which directly impacts the distributions paid to unitholders.

Risk Assessment

Risk Level: low — This 8-K is a routine disclosure of an event, not an announcement of a negative financial or operational change.

Analyst Insight

A smart investor would monitor PermRock Royalty Trust's upcoming financial results, which this 8-K signals are imminent, to assess potential impacts on future distributions.

Key Players & Entities

• PermRock Royalty Trust (company) — the registrant filing the 8-K
• Argent Trust Company (company) — the Trustee for PermRock Royalty Trust
• January 19, 2024 (date) — the date of the earliest event reported and filing date
• 001-38472 (dollar_amount) — Commission File Number
• 82-6725102 (dollar_amount) — I.R.S. Employer Identification Number

Forward-Looking Statements

• PermRock Royalty Trust will release its detailed financial results for the period ending December 31, 2023, shortly after this 8-K filing. (PermRock Royalty Trust) — high confidence, target: 2024-02-15

FAQ

From the Filing

0001079973-24-000087.txt : 20240119 0001079973-24-000087.hdr.sgml : 20240119 20240119144947 ACCESSION NUMBER: 0001079973-24-000087 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20240119 ITEM INFORMATION: Results of Operations and Financial Condition ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20240119 DATE AS OF CHANGE: 20240119 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PermRock Royalty Trust CENTRAL INDEX KEY: 0001724009 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] ORGANIZATION NAME: 01 Energy & Transportation IRS NUMBER: 826725102 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-38472 FILM NUMBER: 24545256 BUSINESS ADDRESS: STREET 1: ARGENT TRUST COMPANY, TRUSTEE STREET 2: 3838 OAK LAWN AVENUE, SUITE 1720 CITY: DALLAS STATE: TX ZIP: 75219 BUSINESS PHONE: (855) 588-7839 MAIL ADDRESS: STREET 1: ARGENT TRUST COMPANY, TRUSTEE STREET 2: 3838 OAK LAWN AVENUE, SUITE 1720 CITY: DALLAS STATE: TX ZIP: 75219 8-K 1 prt_8k.htm FORM 8-K UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ______________ FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): January 19, 2024 ______________ PermRock Royalty Trust (Exact name of registrant as specified in the Amended and Restated PermRock Royalty Trust Agreement) ______________ Delaware 001-38472 82-6725102 (State or other jurisdiction (Commission (I.R.S. Employer of incorporation or organization) File Number) Identification Number) Argent Trust Company, Trustee 3838 Oak Lawn Avenue Suite 1720 Dallas, Texas 75219 (Address of principal executive offices) (Zip Code) (855) 588-7839 (Registrant’s telephone number, including area code) N/A (Former name or former address, if changed since last report) ______________ Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of Each Class Trading Symbol(s) Name of Each Exchange on Which Registered Units of Beneficial Interest PRT New York Stock Exchange Securities registered pursuant to Section 12(g) of the Act: None Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐     Item 2.02 Results of Operations and Financial Condition. On January 19, 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 January 31, 2024, and payable on February 14, 2024, in the amount of $420,393.59 ($0.034555 per Trust Unit), based principally upon production during the month of November 2023. In accordance with general instruction B.2 to Form 8-K, the information in this Form 8-K shall be