dividend
confidence high
sentiment positive
materiality 0.30
Sabine Royalty Trust declares June distribution of $0.502990/unit, higher MoM
SABINE ROYALTY TRUST
- Distribution of $0.502990/unit payable June 29, 2026, to holders of record June 15.
- Preliminary volumes: 50,742 bbls oil and 896,486 Mcf gas; prices $80.78/bbl and $4.70/Mcf.
- Distribution increase driven by higher oil and gas pricing, partly offset by lower production.
- Approximately $985,000 of revenue received late will post in June; $2,564,000 received since May close.
- Prior month oil production was 56,677 bbls (higher) and gas 1,220,056 Mcf at lower prices.