Company Overview

Permianville Royalty Trust is a U.S.-based statutory trust formed to own and administer royalty interests in oil and natural gas properties, primarily located in the Permian Basin. The trust does not operate oil and gas assets directly; instead, it receives royalty income derived from production on underlying properties operated by third parties. Its activities fall within the energy and oil and gas royalty industry, with revenue almost entirely dependent on commodity prices, production volumes, and operating costs borne by the property operators.

The trust’s primary purpose is to collect proceeds from its royalty interests and distribute net income to unitholders on a monthly basis. Permianville Royalty Trust was established in 2011 in connection with the acquisition of royalty interests from Boaz Energy II, LLC and has operated since as a passive income vehicle. It has no employees, no growth-oriented operating mandate, and no reinvestment strategy, which differentiates it from traditional exploration and production companies.

Business Operations

Permianville Royalty Trust generates revenue through its ownership of net profits interests and royalty interests in oil and gas properties. These interests entitle the trust to a percentage of revenues from the sale of oil and natural gas produced from the underlying wells, after certain costs as defined in the conveyance agreements. The trust’s cash flow is therefore directly linked to production levels, realized commodity prices, and lease operating expenses incurred by the operators.

Operations are entirely domestic, concentrated in Texas oil and gas fields. The trust controls no drilling rights, has no capital expenditure obligations, and does not hedge commodity prices. All operational decisions, including drilling, completion, and production management, are made by third-party operators. Administrative functions, accounting, and unitholder reporting are handled by the trustee in accordance with the trust agreement and applicable securities regulations.

Strategic Position & Investments

Permianville Royalty Trust does not pursue growth initiatives, acquisitions, or capital investments. Its strategic position is that of a finite-life royalty trust designed to distribute cash flows rather than expand asset value. The trust does not retain earnings for reinvestment and does not have discretion to acquire new properties or interests.

There are no subsidiaries, joint ventures, or portfolio investments. The trust’s exposure to emerging technologies or new energy sectors is indirect and limited to any technological improvements implemented by third-party operators on the underlying properties. As a result, the trust’s long-term outlook is primarily influenced by reserve depletion, commodity market conditions, and operating efficiency rather than strategic capital allocation.

Geographic Footprint

Permianville Royalty Trust’s assets are exclusively located in the United States, with a concentrated presence in Texas, specifically within the Permian Basin, one of the largest and most productive oil and gas regions in North America. The trust has no international operations, investments, or revenue sources.

Its influence outside the U.S. is indirect and limited to global oil and gas market dynamics that affect commodity pricing. The trust is headquartered administratively through its trustee in the United States, and all regulatory reporting is conducted under U.S. securities laws.

Leadership & Governance

Permianville Royalty Trust operates under a trust structure and does not have a traditional corporate management team, board of directors, or executive leadership. Governance and administration are overseen by an independent trustee in accordance with the trust agreement. Strategic discretion is minimal, as the trustee’s responsibilities are largely administrative and fiduciary in nature.

Public disclosures do not consistently identify individual executive officers responsible for the trust’s day-to-day oversight beyond the trustee entity itself. Data inconclusive based on available public sources regarding named individual executives.

• Argent Trust Company – Trustee