Permianville Royalty Trust Announces Monthly Cash Distribution (Form 8-K)

Permianville Royalty Trust Announces Monthly Cash Distribution

HOUSTON, Texas-(BUSINESS WIRE)-August 17, 2026

Permianville Royalty Trust (NYSE: PVL, the "Trust") today announced a cash distribution to the holders of its units of beneficial interest of $0.027000 per unit, payable on September 15, 2026, to unitholders of record on August 31, 2026. The net profits interest calculation represents reported oil production for the month of May 2026 and reported natural gas production during April 2026. The calculation includes accrued costs incurred in June 2026.

The following table displays reported underlying oil and natural gas sales volumes and average received wellhead prices attributable to the current and prior month recorded net profits interest calculations.

Recorded oil cash receipts from the oil and gas properties underlying the Trust (the "Underlying Properties") totaled $3.3 million for the current month on realized wellhead prices of $95.23/Bbl, up $0.1 million from the prior month's oil cash receipts.

Recorded natural gas cash receipts from the Underlying Properties totaled $1.1 million for the current month on realized wellhead prices of $2.37/Mcf, down $0.4 million from the prior month.

Total accrued operating expenses increased $0.2 million from the prior month to $2.7 million, and capital expenditures decreased $0.7 million from the prior month at $0.3 million.

The Sponsor has indicated to the Trustee that the recent uptick in oil prices has increased the potential for drilling by certain operators of the Underlying Properties. Given the potential increase in expected spending, COERT Holdings 1 LLC (the "Sponsor") has notified the Trustee that the Sponsor continues to maintain the previously disclosed cash reserve of $2.0 million that it has established for approved, future development expenses on the Underlying Properties. As previously disclosed, this reserve is intended to fund an expected increase in billed development expenses; however, if those expenses are ultimately delayed or are less than expected, or if the outlook changes, amounts reserved but unspent will be released as an incremental cash distribution in a future period.

About Permianville Royalty Trust

Permianville Royalty Trust is a Delaware statutory trust formed to own a net profits interest representing the right to receive 80% of the net profits from the sale of oil and natural gas production from certain, predominantly non-operated, oil and gas properties in the states of Texas, Louisiana and New Mexico. As described in the Trust's filings with the Securities and Exchange Commission (the "SEC"), the amount of the periodic distributions is expected to fluctuate, depending on the proceeds received by the Trust as a result of actual production volumes, oil and gas prices, the amount and timing of capital expenditures, and the Trust's administrative expenses, among other factors. Future distributions are expected to be made on a monthly basis. For additional information on the Trust, please visit www.permianvilleroyaltytrust.com.

Forward-Looking Statements and Cautionary Statements