Sabine Royalty Trust declares Oct distribution of $0.3689/unit; oil production halved vs prior month

SABINE ROYALTY TRUST

Cash distribution $0.368910 per unit, payable Oct 29, 2025 to holders of record Oct 15, 2025.
Oil production 48,527 bbls (down ~50% from 97,403 bbls); gas production 1,111,528 Mcf (slightly down).
Oil price $65.48/bbl (down from $68.79); gas price $2.62/Mcf (up from $2.40).
Distribution lower primarily due to decreased oil/gas production and lower oil pricing.
Approximately $423,000 of late-September revenue will be posted in October.

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