Sabine Royalty Trust declares $0.5355/unit April distribution, up from prior month

SABINE ROYALTY TRUST

Cash distribution of $0.535500 per unit payable April 29, 2024, record date April 15, 2024.
Distribution reflects January 2024 oil production (64,623 bbls at $81.94/bbl) and December 2023 gas (1,542,894 Mcf at $2.39/Mcf).
Month-over-month oil production up 34% (48,104 to 64,623 bbls); gas up 47% (1,046,545 to 1,542,894 Mcf).
Oil price fell to $81.94/bbl from $89.38; gas price to $2.39/Mcf from $2.45.
Approximately $297,000 revenue to be posted in April; $13,000 in 2024 ad valorem taxes deducted.

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