Sabine Royalty Trust Announces Monthly Cash Distribution for February 2025
On February 7, 2025, Argent Trust Company, acting as the Trustee for the Sabine Royalty Trust (NYSE: SBR), declared a cash distribution amounting to $0.439510 for every unit held by its beneficial owners. This distribution is scheduled for payment on February 28, 2025, and will benefit those who are listed as unit holders on record by February 18, 2025.
The current cash distribution primarily reflects the oil production data collected in November 2024 and the natural gas production figures from October 2024, as these periods provide the most accurate account of recent outputs. According to the latest available figures, approximately 68,827 barrels of oil and around 1,444,799 Mcf of gas were produced during the relevant months. The average market prices for oil and gas stood at approximately $69.88 per barrel and $1.99 per Mcf, respectively.
Notably, this month’s distribution is modestly lower than that of the previous month. The primary influencing factor here has been a decline in both oil and gas production. However, this decrease has been partially negated by the upward trend in the pricing for both resources.
The detailed comparison between current and prior month sales shows:
It is important to note that sales volumes fluctuate based on the timing of when the Trust receives and identifies the related royalty income. As such, the revenues distributed occur only after they have been received, verified, and properly recorded. Generally, energy producers distribute royalties around the 25th of each month; however, depending on mail delivery, certain payments may not be included until after the final day of that month. The revenue not accounted for as of January's end, which totals about $265,000, will be recorded in February.
In addition to these figures, approximately $307,000 has been received since the end of January up until the time of this announcement. It's also worth mentioning that $115,000 has been deducted from this month’s distribution due to Ad Valorem tax payments, which is considerably lower than the $384,000 deducted in the same period last year. Such tax payments are standard during this time of year.
For detailed insights such as cash distribution history, financial reports for current and past years, and relevant tax information, stakeholders can visit Sabine Royalty Trust’s official website. Printed reports can also be requested at no charge.
The Trust continues to disclose information regarding its operational status and profitability through its filings with the Securities and Exchange Commission (SEC). Additionally, the annual report for 2023 along with the January 1, 2024, Reserve Summary is available for public access on their website.
Looking ahead, any statements included in this announcement concerning future events or outcomes are categorized as forward-looking statements under the Private Securities Litigation Reform Act of 1995. Various factors could lead to results differing significantly from those anticipated, namely fluctuations in production rates, commodity pricing, and external economic conditions.
In conclusion, forward-looking statements encapsulate expectations as of the date of this announcement, but may vary with subsequent developments. The Trustee retains the discretion to update these statements in future communications, although there is no obligation to do so.
The current cash distribution primarily reflects the oil production data collected in November 2024 and the natural gas production figures from October 2024, as these periods provide the most accurate account of recent outputs. According to the latest available figures, approximately 68,827 barrels of oil and around 1,444,799 Mcf of gas were produced during the relevant months. The average market prices for oil and gas stood at approximately $69.88 per barrel and $1.99 per Mcf, respectively.
Notably, this month’s distribution is modestly lower than that of the previous month. The primary influencing factor here has been a decline in both oil and gas production. However, this decrease has been partially negated by the upward trend in the pricing for both resources.
The detailed comparison between current and prior month sales shows:
| Volume Type | Current Month | Prior Month |
|---|---|---|
| --- | --- | --- |
| Oil (bbls) | 68,827 | 76,247 |
| Gas (Mcf) | 1,444,799 | 1,617,815 |
| Oil Price | $69.88 | $67.70 |
| Gas Price | $1.99 | $1.61 |
It is important to note that sales volumes fluctuate based on the timing of when the Trust receives and identifies the related royalty income. As such, the revenues distributed occur only after they have been received, verified, and properly recorded. Generally, energy producers distribute royalties around the 25th of each month; however, depending on mail delivery, certain payments may not be included until after the final day of that month. The revenue not accounted for as of January's end, which totals about $265,000, will be recorded in February.
In addition to these figures, approximately $307,000 has been received since the end of January up until the time of this announcement. It's also worth mentioning that $115,000 has been deducted from this month’s distribution due to Ad Valorem tax payments, which is considerably lower than the $384,000 deducted in the same period last year. Such tax payments are standard during this time of year.
For detailed insights such as cash distribution history, financial reports for current and past years, and relevant tax information, stakeholders can visit Sabine Royalty Trust’s official website. Printed reports can also be requested at no charge.
The Trust continues to disclose information regarding its operational status and profitability through its filings with the Securities and Exchange Commission (SEC). Additionally, the annual report for 2023 along with the January 1, 2024, Reserve Summary is available for public access on their website.
Looking ahead, any statements included in this announcement concerning future events or outcomes are categorized as forward-looking statements under the Private Securities Litigation Reform Act of 1995. Various factors could lead to results differing significantly from those anticipated, namely fluctuations in production rates, commodity pricing, and external economic conditions.
In conclusion, forward-looking statements encapsulate expectations as of the date of this announcement, but may vary with subsequent developments. The Trustee retains the discretion to update these statements in future communications, although there is no obligation to do so.
Topics Financial Services & Investing）
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