other material
confidence high
sentiment neutral
materiality 0.30
Sabine Royalty Trust declares March cash distribution of $0.28623/unit
SABINE ROYALTY TRUST
- $0.28623/unit payable March 30 to holders of record March 16.
- Oil production 49,137 bbls at $54.40/bbl; gas 931,107 Mcf at $2.73/Mcf.
- Distribution higher than prior month due to increased oil production and gas pricing.
- Approximately $88,300 in February revenue to be posted in March; $526,000 received since Feb close.
- 2024 Annual Report and Reserve Summary available on trust website.