dividend
confidence high
sentiment negative
materiality 0.50
Sabine Royalty Trust Sept distribution $0.33168/unit; oil production falls sharply
SABINE ROYALTY TRUST
- Distribution of $0.33168/unit payable Sept 29, 2026, to holders of record Sept 15, 2026.
- Oil production 39,647 bbls vs 72,119 prior month (-45%); gas 1,094,091 Mcf vs 1,408,574 (-22%).
- Oil price $79.10/bbl (down from $98.43); gas price $2.33/Mcf (up from $2.21).
- Distribution lower due to decreased production and lower oil prices, partially offset by higher gas prices.
- About $199,000 of revenue deferred to September; $1,141,000 received since August close.