Monthly UpdateJun 5, 2026, 12:01 PM
Sabine Royalty Trust Announces June Cash Distribution of $0.503 Per Unit
AI Summary
Sabine Royalty Trust announced its monthly cash distribution for June 2026, amounting to $0.502990 per unit. This distribution is primarily based on March 2026 oil production and February 2026 gas production. The increase compared to the previous month is attributed to higher oil and natural gas prices, despite a slight decrease in production volumes for both commodities. The trust also noted that approximately $985,000 in revenue received in May will be accounted for in the June posting.
Key Highlights
- Sabine Royalty Trust declares a cash distribution of $0.502990 per unit for June 2026.
- Distribution reflects oil production for March 2026 and gas production for February 2026.
- Preliminary oil production: 50,742 barrels at $80.78/barrel.
- Preliminary gas production: 896,486 Mcf at $4.70/Mcf.
- Current month's distribution is higher than the previous month due to increased oil and natural gas pricing.
- Oil production decreased from 56,677 bbls to 50,742 bbls month-over-month.
- Gas production decreased from 1,220,056 Mcf to 896,486 Mcf month-over-month.
- Approximately $985,000 of revenue received in May will be posted in June.
Price Impact
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