dividend
confidence high
sentiment neutral
materiality 0.30
Sabine Royalty Trust declares April distribution of $0.32497/unit; oil production down, prices up
SABINE ROYALTY TRUST
- Cash distribution of $0.324970/unit, payable April 29, 2026, to holders of record April 15, 2026.
- Preliminary production: 44,645 bbl oil, 885,409 Mcf gas; prices $57.57/bbl oil, $3.42/Mcf gas.
- Distribution higher than prior month due to increased oil/gas prices, partially offset by lower production.
- Prior month production: 49,137 bbl oil, 931,107 Mcf gas; prices $54.40/bbl oil, $2.73/Mcf gas.
- Approximately $403,000 of revenue received after March close will be posted in April.