Sabine Royalty Trust declares $0.439510 Feb distribution; oil production down ~10% MoM

SABINE ROYALTY TRUST

Cash distribution of $0.439510 per unit, payable Feb 28, 2025 to holders of record Feb 18.
Preliminary oil production 68,827 bbls (Nov 2024) vs prior month 76,247 bbls; gas 1,444,799 Mcf (Oct 2024).
Average oil price $69.88/bbl (up from $67.70); gas $1.99/Mcf (up from $1.61).
Distribution slightly lower due to decreased production, partially offset by higher prices.
Approx. $115,000 deducted for 2024 ad valorem taxes vs $384,000 last year.

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