Sabine Royalty Trust declares Jan 2024 distribution of $0.43716/unit, down from prior month

SABINE ROYALTY TRUST

Cash distribution of $0.43716/unit payable Jan 30 to holders of record Jan 16, 2024.
Preliminary volumes: 58,697 bbls oil (-69% vs prior month) and 1,015,516 Mcf gas (-26% vs prior month).
Average prices: $86.27/bbl oil (up 5.6%) and $2.30/Mcf gas (down 11.5%) vs prior month.
Distribution decrease driven by lower oil and gas production and lower natural gas prices, partly offset by higher oil prices.
Ad valorem tax deduction of $223K vs $744K in same period last year.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.