DividendMay 5, 2026, 12:32 PM
Sabine Royalty Trust Declares $0.497900/Unit Monthly Cash Distribution
AI Summary
Sabine Royalty Trust announced a monthly cash distribution of $0.497900 per unit, payable on May 29, 2026, to unitholders of record on May 15, 2026. This distribution is higher than the previous month, primarily driven by increases in both oil and natural gas pricing and production volumes. Preliminary figures reflect February 2026 oil production of 56,677 barrels at $60.97 per barrel and January 2026 gas production of 1,220,056 Mcf at $3.98 per Mcf. Additionally, approximately $1,338,000 in revenue received in April will be posted in May.
Key Highlights
- Declared a monthly cash distribution of $0.497900 per unit.
- Distribution payable on May 29, 2026, to unitholders of record on May 15, 2026.
- Distribution is higher than the previous month due to increased oil and natural gas pricing and production.
- Preliminary oil production for February 2026 was 56,677 barrels at $60.97 per barrel.
- Preliminary gas production for January 2026 was 1,220,056 Mcf at $3.98 per Mcf.
- Prior month oil production was 44,645 barrels at $57.57 per barrel.
- Prior month gas production was 885,409 Mcf at $3.42 per Mcf.
- Approximately $1,338,000 of additional revenue received in April will be posted in May.
Price Impact
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