Sabine Royalty Trust declares monthly distribution of $0.278690/unit for Oct 2023

SABINE ROYALTY TRUST

Cash distribution of $0.278690 per unit payable Oct 30, 2023 to holders of record Oct 16, 2023.
Preliminary volumes: 38,263 bbl oil (July prod) and 888,113 Mcf gas (June prod).
Average realized prices: oil $73.41/bbl, gas $2.29/Mcf; oil down $1.17/bbl, gas up $0.40/Mcf from prior month.
Distribution lower than prior month due to decreased oil prices and lower production, partially offset by higher gas prices.
Approximately $3.2M in revenue received after August month-end will be posted in October.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.7

SABINE ROYALTY TRUST reported July 2023 oil production and June 2023 gas production results: EPS $0.278690 per unit.

Period: July 2023 oil production and June 2023 gas production
EPS: $0.278690 per unit
Result: preliminary results

Exact text from the filing

oday declared a cash distribution to the holders of its units of beneficial interest of $0.278690 per unit, payable on October 30, 2023, to unit holders of record on October 16, 2023.

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Source: SEC EDGAR

accession 0001193125-23-252241

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