Permianville Royalty Trust | 10-Q: FY2025 Q3 Revenue: USD 11.57 M

Revenue: As of FY2025 Q3, the actual value is USD 11.57 M.

EPS: As of FY2025 Q3, the actual value is USD 0.016.

EBIT: As of FY2025 Q3, the actual value is USD 1.465 M.

Segment Revenue

• Oil Sales: $6,577,515 for the three months ended September 30, 2025, a decrease of 55% from $14,577,415 in the same period in 2024.
• Natural Gas Sales: $4,995,710 for the three months ended September 30, 2025, an increase of 69% from $2,950,780 in the same period in 2024.

Operational Metrics

• Net Profits: $1,645,225 for the three months ended September 30, 2025, a decrease of 79% from $7,890,195 in the same period in 2024.
• Lease Operating Expenses: $5,483,000 for the three months ended September 30, 2025, a decrease of 4% from $5,717,000 in the same period in 2024.
• Development Expenses: $2,357,000 for the three months ended September 30, 2025, an increase of 28% from $1,840,000 in the same period in 2024.

Cash Flow

• Distributable Income: $528,000 for the three months ended September 30, 2025, a decrease of 65% from $1,518,000 in the same period in 2024.

Unique Metrics

• Net Profits Interest: Generated positive income, eliminating the cumulative outstanding Sponsor advances to the Trust of $0.6 million as of June 30, 2025.

Future Outlook and Strategy

• Core Business Focus: The Sponsor expects a majority of the remaining anticipated capital expenditures in 2025 to be focused on the Haynesville area, with a revised capital spending outlook of $12.0 million to $17.0 million, or $9.6 million to $13.6 million net to the Trust’s Net Profits Interest.
• Non-Core Business: The Sponsor believes further opportunities could arise for potential divestitures and/or leasing of some or all of the Underlying Properties, subject to the Trust’s Net Profits Interest.