Sabine Royalty Trust declares $1.14309/unit monthly distribution for Dec 2023

SABINE ROYALTY TRUST

Distribution of $1.14309 per unit payable Dec 29, 2023 to holders of record Dec 15, 2023.
Preliminary production: 189,898 bbls oil, 1,378,406 Mcf gas; prices $81.73/bbl, $2.60/Mcf.
Distribution higher than prior month due to increased production, including 103,000 bbls from 14 new wells in Martin County.
Partially offset by lower oil and gas pricing; prior month prices were $104.09/bbl and $5.88/Mcf.
Approximately $990,000 for 2023 Ad Valorem taxes deducted from this month's distribution.

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