Permianville Royalty Trust (PVL) Cash Flow Statement
Where PVL’s cash came from and went, 2022
December 31, 2022 · U.S. dollars- Cash from operations
- $4.20B +12,622.1% vs 2017
- Capital expenditures
- $0 0.0% of revenue
- Free cash flow
- $4.20B 27,927.4% margin
- Returned to shareholders
- —
- Change in cash
- $855,797 cash at year-end $922,913
Drawn to scale: where the cash came from and how it was used. Hover for values.
PVL operating cash flow, capex and free cash flow
PVL cash flow trends, 2015–2022
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Operating cash flow | −$393.6M2015 | $4.20B2022 | — | |
| Capital expenditures | $02015 | $02022 | — | |
| Free cash flow | −$393.6M2015 | $4.20B2022 | — | |
| Free cash flow margin | −2,718.4%2015 | 27,927.4%2022 | +30,645.8 pts | |
| Operating cash flow / net income | −28.592015 | 311.312022 | +339.90 | |
| Dividends paid | $13.8M2015 | $44.7M2017 | +80.3%/yr | |
| Capex / revenue | 0.0%2015 | 0.0%2022 | 0.0 pts |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
PVL cash flow by activity
PVL net income vs operating cash flow
Operating cash flow above net income usually means earnings are backed by cash (depreciation and stock-based pay are non-cash expenses).
PVL cash flow statement
| 2022 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|
| Operating activities | ||||
| Net income | $13.5M | $44.7M | $8.5M | $13.8M |
| Change in working capital | — | $37,477 | −$61,026 | −$736,504 |
| Other non-cash items | $4.18B | −$11.8M | −$13.6M | −$406.6M |
| Cash from operating activities | $4.20B | $33.0M | −$5.2M | −$393.6M |
| Investing activities | ||||
| Capital expenditures | $0 | $0 | $0 | $0 |
| Financing activities | ||||
| Dividends paid | — | −$44.7M | −$8.5M | −$13.8M |
| Shares issued | $0 | $0 | $0 | $0 |
| Other financing | — | $0 | $0 | $0 |
| Cash from financing activities | — | −$44.7M | −$8.5M | −$13.8M |
| Summary | ||||
| Net change in cash | $855,797 | $182,442 | $76,480 | −$141,217 |
| Cash at end of period | $922,913 | $366,773 | $184,331 | $107,851 |
| Free cash flow | $4.20B | $33.0M | −$5.2M | −$393.6M |
| Free cash flow margin | 27,927.4% | 431.5% | −56.4% | −2,718.4% |
| Capex / revenue | 0.0% | 0.0% | 0.0% | 0.0% |
| Operating cash flow / net income | 311.31 | 0.74 | −0.61 | −28.59 |
| Dec '23 | Jun '23 | |
|---|---|---|
| Operating activities | ||
| Net income | $5.2M | $2.1M |
| Other non-cash items | $2.27B | −$1.12B |
| Cash from operating activities | $2.28B | −$1.12B |
| Investing activities | ||
| Capital expenditures | $0 | $0 |
| Financing activities | ||
| Shares issued | $0 | $0 |
| Summary | ||
| Net change in cash | $62,434 | $282,026 |
| Cash at end of period | $1.4M | $1.2M |
| Free cash flow | $2.28B | −$1.12B |
| Free cash flow margin | 446,638.6% | — |
| Capex / revenue | 0.0% | — |
| Operating cash flow / net income | 440.31 | −538.84 |
Negative numbers are cash paid out. Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported; data from EODHD.
PVL cash generation
In fiscal 2022 (ended December 31, 2022), Permianville Royalty generated $4.2 billion of cash from operations (up 12,622.1%) and spent $0 on capital expenditures, leaving free cash flow of $4.2 billion, 27,927.4% of revenue. Cash and equivalents rose by $0.9 million over the year.
Related: PVL income statement, PVL balance sheet, PVL dividend history. See the PVL stock overview for the latest quote and news.
PVL cash flow FAQ
What is Permianville Royalty's free cash flow?
Permianville Royalty's free cash flow was $4.2 billion in fiscal 2022: $4.2 billion of operating cash flow minus $0 of capital expenditures It was $33.0 million a year earlier..
How much cash does Permianville Royalty generate from operations?
Permianville Royalty generated $4.2 billion of cash from operating activities in fiscal 2022, 311.31 times its net income of $13.5 million.