dividend
confidence high
sentiment negative
materiality 0.45
Sabine Royalty Trust declares July distribution of $0.34593/unit, down from prior month
SABINE ROYALTY TRUST
- Cash distribution of $0.345930 per unit, payable July 29, 2025, to holders of record July 15.
- Current month oil volumes 42,748 bbls vs 58,818 bbls prior month; gas 940,600 Mcf vs 1,004,988 Mcf.
- Current oil price $65.46/bbl ($67.59 prior); gas $3.24/Mcf ($3.22 prior).
- Distribution lower primarily due to decreased oil and gas production and lower oil pricing.
- Approx. $505,000 of June revenue to be posted in July; $5.273M received since June close.
item 2.02item 9.01