dividend
confidence high
sentiment neutral
materiality 0.50
Sabine Royalty Trust declares Sept cash distribution of $0.3643/unit, up from prior month
SABINE ROYALTY TRUST
- Cash distribution $0.3643/unit payable 9/29/2023 to holders of record 9/15/2023.
- Distribution reflects oil production for June 2023 and gas production for May 2023.
- Preliminary volumes: 55,152 bbls oil, 1,095,508 Mcf gas; avg prices $74.58/bbl oil, $1.89/Mcf gas.
- Prior month (Aug distribution): 44,365 bbls oil, 1,120,435 Mcf gas at $70.80/bbl and $1.68/Mcf.
- $771,270 in revenue received after close of August and before press release to be posted in next months.