dividend
confidence high
sentiment neutral
materiality 0.30
Sabine Royalty Trust declares September distribution of $0.421310/unit
SABINE ROYALTY TRUST
- Distribution of $0.421310/unit payable Sept 30, 2024 to holders of record Sept 16.
- Preliminary production: 64,743 bbl oil, 1,359,603 Mcf gas; avg prices $78.14/bbl, $1.52/Mcf.
- Distribution lower than prior month due to decrease in oil production; partially offset by higher oil & gas prices and higher gas production.
- Approximately $89,000 in revenue from August will be posted in September; $302,000 received after close.