PermRock Royalty Trust Files 8-K on Operations and Financials

Ticker: PRT · Form: 8-K · Filed: 2024-02-16T00:00:00.000Z

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

Key Players & Entities

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.

From the Filing

0001079973-24-000267.txt : 20240216 0001079973-24-000267.hdr.sgml : 20240216 20240216145356 ACCESSION NUMBER: 0001079973-24-000267 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20240216 ITEM INFORMATION: Results of Operations and Financial Condition ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20240216 DATE AS OF CHANGE: 20240216 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: 24647678 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): February 16, 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 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

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