dividend
confidence high
sentiment negative
materiality 0.30
Sabine Royalty Trust declares March distribution of $0.30123/unit, down from prior month
SABINE ROYALTY TRUST
- Distribution of $0.30123 per unit payable March 31, 2025 to holders of record March 17, 2025.
- Preliminary production: 45,827 bbls oil ($69.44/bbl) and 1,044,259 Mcf gas ($1.86/Mcf).
- Distribution decreased from prior month due to lower oil/gas production and prices.
- Includes $400,000 settlement payment from TGNR East Texas II, LLC for unpaid royalties.
- Approximately $1,104,000 in revenue received after February close, to be posted within 30 days.