Permianville royalty trust announces second 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 $0.077250 per unit, payable on november 22, 2023 to unitholders of record on november 16, 2023. as further described below, this special distribution represents the majority of the remaining net proceeds allocable to trust unitholders from the divestiture of certain oil and natural gas properties in the permian basin (the.
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