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SABINE ROYALTY TRUST ANNOUNCES MONTHLY CASH DISTRIBUTION FOR MARCH 2025
Argent Trust Company, as Trustee of the Sabine Royalty Trust (NYSE: SBR), today declared a cash distribution to the holders of its units of beneficial interest of $0.301230 per unit, payable on March 31, 2025, to unit holders of record on March 17, 2025. Sabine's cash distribution history, current and prior year financial reports and tax information booklets, a link to filings made with the Securities and Exchange Commission and more can be found on its website at http://www.sbr-sabine.com/. Add
About this update from Sabine Royalty Trust
[{"type":"text","content":"DALLAS, March 7, 2025 /PRNewswire/ -- Argent Trust Company, as Trustee of the Sabine Royalty Trust (NYSE: SBR), today declared a cash distribution to the holders of its units of beneficial interest of $0.301230 per unit, payable on March 31, 2025, to unit holders of record on March 17, 2025. Sabine's cash distribution history, current and prior year financial reports and tax information booklets, a link to filings made with the Securities and Exchange Commission and more can be found on its website at http://www.sbr-sabine.com/. Additionally, printed reports can be requested and are mailed free of charge.","length":616,"tagName":"p"},{"type":"text","content":"This distribution reflects primarily the oil production for December 2024 and the gas production for November 2024, which is considered current production. Preliminary production volumes are approximately 45,827 barrels of oil and 1,044,259 Mcf of gas. Preliminary prices are approximately $69.44 per barrel of oil and $1.86 per Mcf of gas.","length":340,"tagName":"p"},{"type":"text","content":"This month's distribution is lower than the previous month's primarily due to a decrease in oil and gas production, along with a decrease in the price of oil and gas.","length":174,"tagName":"p"},{"type":"text","content":"The table below compares this month's production and prices to the previous month's:","length":92,"tagName":"p","attribs":{}},{"type":"table","headerItems":[],"items":[{"val":[{"colspan":"1","rowspan":"1","style":"PADDING-RIGHT:0.17em;PADDING-LEFT:0.17em;VERTICAL-ALIGN:BOTTOM;TEXT-ALIGN:RIGHT;","val":[{"type":"text","content":"","length":0,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"PADDING-RIGHT:0.17em;PADDING-LEFT:0.17em;VERTICAL-ALIGN:BOTTOM;TEXT-ALIGN:RIGHT;","val":[{"type":"text","content":"","length":0,"tagName":"p","attribs":{}}]},{"colspan":"5","rowspan":"1","style":"PADDING-RIGHT:0.17em;PADDING-LEFT:0.17em;VERTICAL-ALIGN:BOTTOM;TEXT-ALIGN:CENTER;","val":[{"type":"text","content":"Net to Trust Sales","length":18,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"PADDING-RIGHT:0.17em;PADDING-LEFT:0.17em;VERTICAL-ALIGN:BOTTOM;TEXT-ALIGN:RIGHT;","val":[{"type":"text","content":"","length":0,"tagName":"p","attribs":{}}]},{"colspan":"3","rowspan":"1","style":"PADDING-RIGHT:0.17em;PADDING-LEFT:0.17em;VERTI...