PermRock Royalty Trust Files Q1 2024 10-Q

TL;DR

PermRock Royalty Trust filed its Q1 2024 10-Q. Check financials.

AI Summary

PermRock Royalty Trust filed its 10-Q for the period ending March 31, 2024. The filing details the trust's financial performance and operational status. The trust is incorporated in Delaware and its principal executive offices are located in Dallas, Texas, with Argent Trust Company acting as Trustee.

Why It Matters

This filing provides investors with an update on PermRock Royalty Trust's financial health and operational activities for the first quarter of 2024.

Risk Assessment

Risk Level: low — This is a routine quarterly filing providing standard financial information, not indicating immediate or significant new risks.

Key Players & Entities

• PermRock Royalty Trust (company) — Registrant
• March 31, 2024 (date) — Quarterly period end date
• Argent Trust Company (company) — Trustee
• Dallas, Texas (location) — Principal executive offices location
• Delaware (location) — State of incorporation

FAQ

From the Filing

0000950170-24-059468.txt : 20240514 0000950170-24-059468.hdr.sgml : 20240514 20240514155443 ACCESSION NUMBER: 0000950170-24-059468 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20240331 FILED AS OF DATE: 20240514 DATE AS OF CHANGE: 20240514 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: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-38472 FILM NUMBER: 24943964 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 10-Q 1 prt_10-q_2024-03-31.htm 10-Q 10-Q Table of Contents   UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549   FORM 10-Q   (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR   ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934   For the transition period to Commission File Number: 001-38472 PERMROCK ROYALTY TRUST (Exact name of registrant as specified in its charter)   Delaware 82-6725102 ( State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) Argent Trust Company Trustee 3838 Oak Lawn Ave, Suite 1720 Dallas, Texas 75219-4518 (Address of principal executive offices) (Zip Code)   Registrant’s telephone number, including area code: (855) 588-7839   Securities registered pursuant to Section 12(b) of the Act:     Trading Symbol(s) Name of each exchange on which registered Title of each class    Units of Beneficial Interest PRT  New York Stock Exchange   Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes  ☒ No  ☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes  ☐ No  ☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smaller reporting company or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act. (Check one):   Large accelerated filer ☐ Accelerated filer ☐ Non-accelerated filer ☒ Smaller reporting company ☒     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. ☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ☐ No  ☒ As of May 14, 2024, 12,165,732 trust units representing beneficial interests in PermRock Royalty Trust were outstanding.     Table of