Permianville royalty trust announces special cash distribution of net proceeds from permian basin divestiture

Houston--(business wire)--permianville royalty trust (nyse: pvl, the “trust”) today announced a special cash distribution to the holders of its units of beneficial interest of $0.069670 per unit, payable on october 13, 2023 to unitholders of record on october 2, 2023. the special distribution represents net proceeds allocable to trust unitholders from the divestiture of certain oil and natural gas properties in the permian basin (the “divestiture properties”) that constituted part of the proper.
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