dividend
confidence high
sentiment neutral
materiality 0.35
Sabine Royalty Trust declares October distribution of $0.355450/unit, up on higher oil volumes and prices
SABINE ROYALTY TRUST
- Cash distribution of $0.355450 per unit payable October 29, 2026 to unitholders of record on October 15, 2026.
- October payout reflects July 2026 oil production and June 2026 gas: 45,391 bbls of oil at $80.56/bbl and 1,019,756 Mcf of gas at $2.34/Mcf.
- Prior month was 39,647 bbls at $79.10 and 1,094,091 Mcf at $2.33, so oil volumes rose about 14% while gas volumes fell roughly 7%.
- Trustee attributes the higher distribution primarily to increased oil production and higher oil and natural gas pricing, partly offset by lower gas production.
- About $436,000 of September revenue will be posted in October; roughly $1,618,000 in revenue has been received since September 30.