PermRock Royalty Trust
permrock.comWhat Do They Do?
Holds a net profits interest in oil and natural gas production and distributes cash from that interest to trust-unit holders.
10-K, filed Mar 27, 2026The Trust was created to acquire and hold the Net Profits Interest for the benefit of the Trust unitholders. The affairs of the Trust are…View ↗
The Trust’s purpose is to own the Net Profits Interest, to distribute to the Trust unitholders cash that the Trust receives in respect of…View ↗
In connection with the closing of the initial public offering of Trust units and pursuant to the Conveyance of Net Profits Interest (the…View ↗
Who Are Their Customers?
T2S and other operators sell oil and natural gas to third-party purchasers; the Trust receives its share through its net profits interest rather than selling directly.
10-K, filed Mar 27, 2026Pursuant to the terms of the Conveyance, Boaz Energy (and any successor operator) has the responsibility to market, or cause to be…View ↗
During the year ended December 31, 2025, Boaz Energy, T2S, and other third-party operators of the Underlying Properties sold the oil…View ↗
All natural gas produced from the Underlying Properties is marketed and sold to third-party purchasers. In all cases, the contract price is…View ↗
The Trust is not a party to any purchase, gathering, or processing contracts. T2S and other outside operators are parties to oil and…View ↗
10-K, filed Mar 27, 2026
The Trust is not a party to any purchase, gathering, or processing contracts. T2S and other outside operators are parties to oil and…View ↗
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