dividend
confidence high
sentiment neutral
materiality 0.50
Sabine Royalty Trust declares March distribution of $0.465470/unit, down from prior month
SABINE ROYALTY TRUST
- Distribution of $0.465470/unit payable March 29, 2023 to holders of record March 15, 2023.
- Preliminary production: 41,257 bbls oil at $76.76/bbl, 978,107 Mcf gas at $4.72/Mcf.
- Distribution lower than prior month due to decreased production and lower oil/gas pricing.
- Approximately $2,894,000 of revenue received will be posted in March; $258,000 received since Feb close.