Seeking Alpha

Permian Basin June distribution slips

  • The cash distribution of $0.096581 per unit is payable on July 15 to owners of record on June 30. The amount is down from May's $0.12 payout thanks to cuts in production and prices of oil and gas.
  • Source: Press Release
  • PBT -0.5%
Comments (1)
  • Pablomike
    , contributor
    Comments (1389) | Send Message
     
    Production on underlying properties was up 5,000 barrels. Cap ex ate the difference.
    20 Jun, 01:04 PM Reply Like
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