Sabine Royalty Trust Announces Significant Monthly Cash Distribution for April 2025
On April 4, 2025, Argent Trust Company, acting as the Trustee of the Sabine Royalty Trust, declared a monthly cash distribution for its unit holders. This month’s distribution is set at $0.503880 per unit, payable to eligible unit holders recorded by April 15, 2025, and scheduled for payment on April 29, 2025. This significant distribution caters to the unit holders and underscores the Trust's commitment to providing value through its performance in the oil and gas sectors.
The basis for this month’s distribution is largely influenced by oil production figures from January 2025 and gas production figures from December 2024, both of which are deemed current. The preliminary production figures indicate approximately 102,540 barrels of oil and 1,410,501 thousand cubic feet (Mcf) of gas were produced, with preliminary pricing averaging around $44.22 per barrel of oil and $2.62 per Mcf of gas.
This distribution shows an increase from the previous month, reflecting a rise in both oil and gas production rates and a hike in natural gas prices. However, the oil prices are lower than the national averages, primarily due to adjustments from previous periods by various remitters. For the current production month, the average oil price reached $71.56 per barrel, which contrasts with the realized price of $44.22 per barrel noted for the cash distribution calculation.
To provide insights, comparisons of this month’s production and pricing with the prior month reveal notable shifts. The Trust reported the following:
- Gas Volumes: 1,410,501 Mcf
- Oil Price: $44.22 per barrel
- Gas Price: $2.62 per Mcf
- Gas Volumes: 1,044,259 Mcf
- Oil Price: $69.44 per barrel
- Gas Price: $1.86 per Mcf
The management at the Sabine Royalty Trust acknowledges that revenue distribution timing significantly impacts cash flows. The distributions are processed only after revenues are received and verified. Standard practice among energy companies is to issue royalty payments around the 25th of each month. A portion of the revenues—approximately $119,000—received in late March will be recognized in April’s cash receipts, alongside around $180,000 reported since the close of March.
Additionally, the 2024 Annual Report alongside the Reserve Summary dated December 31, 2024, have both been filed with the Securities and Exchange Commission (SEC), and these documents can be accessed on the Trust's official website.
It should be noted that forward-looking statements within this distribution announcement highlight potential fluctuations based on various external factors. These statements reflect the Trustee’s current expectations but do not guarantee future outcomes. Interested parties are encouraged to refer to the Trust’s Annual Report for risks associated with the investment.
This monthly cash distribution not only signifies the Trust’s financial health but also its adaptive strategies to the oil and gas market's inherent volatility. Stakeholders are encouraged to review detailed financial documents available on the Sabine Royalty Trust’s website to stay informed on their investment's performance and outlook.
The basis for this month’s distribution is largely influenced by oil production figures from January 2025 and gas production figures from December 2024, both of which are deemed current. The preliminary production figures indicate approximately 102,540 barrels of oil and 1,410,501 thousand cubic feet (Mcf) of gas were produced, with preliminary pricing averaging around $44.22 per barrel of oil and $2.62 per Mcf of gas.
This distribution shows an increase from the previous month, reflecting a rise in both oil and gas production rates and a hike in natural gas prices. However, the oil prices are lower than the national averages, primarily due to adjustments from previous periods by various remitters. For the current production month, the average oil price reached $71.56 per barrel, which contrasts with the realized price of $44.22 per barrel noted for the cash distribution calculation.
To provide insights, comparisons of this month’s production and pricing with the prior month reveal notable shifts. The Trust reported the following:
- - Current Month:
- Gas Volumes: 1,410,501 Mcf
- Oil Price: $44.22 per barrel
- Gas Price: $2.62 per Mcf
- - Prior Month:
- Gas Volumes: 1,044,259 Mcf
- Oil Price: $69.44 per barrel
- Gas Price: $1.86 per Mcf
The management at the Sabine Royalty Trust acknowledges that revenue distribution timing significantly impacts cash flows. The distributions are processed only after revenues are received and verified. Standard practice among energy companies is to issue royalty payments around the 25th of each month. A portion of the revenues—approximately $119,000—received in late March will be recognized in April’s cash receipts, alongside around $180,000 reported since the close of March.
Additionally, the 2024 Annual Report alongside the Reserve Summary dated December 31, 2024, have both been filed with the Securities and Exchange Commission (SEC), and these documents can be accessed on the Trust's official website.
It should be noted that forward-looking statements within this distribution announcement highlight potential fluctuations based on various external factors. These statements reflect the Trustee’s current expectations but do not guarantee future outcomes. Interested parties are encouraged to refer to the Trust’s Annual Report for risks associated with the investment.
This monthly cash distribution not only signifies the Trust’s financial health but also its adaptive strategies to the oil and gas market's inherent volatility. Stakeholders are encouraged to review detailed financial documents available on the Sabine Royalty Trust’s website to stay informed on their investment's performance and outlook.
Topics Financial Services & Investing）
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