Sabine Royalty Trust Declares Monthly Cash Distribution for February 2026
February 2026 Monthly Cash Distribution Announcement from Sabine Royalty Trust
The Sabine Royalty Trust, managed by Argent Trust Company, has officially declared a cash distribution of $0.283370 per unit for the month of February 2026. This payment will be made available on February 27, 2026, to all unit holders on record as of February 17, 2026. This monthly report provides stakeholders with crucial insights into the Trust's financial performance and activities concerning oil and gas production.
The latest distribution primarily reflects production figures from the prior months, notably the oil output for November 2025 and natural gas figures for October 2025, which are categorized as current production results. According to preliminary reports, the Trust has recorded approximately 45,316 barrels of oil and 1,026,714 Mcf of natural gas for the current reporting period. Pricing for this production stands at approximately $59.01 per barrel of oil and $2.27 per Mcf of natural gas.
It's important to note that this month's distribution marks a decrease compared to January's figures. The reduction is largely attributed to lower production volumes and pricing in the oil and natural gas markets. To illustrate, the previous month's production numbers indicated 56,504 barrels of oil and 1,314,850 Mcf of natural gas, sold at $61.05 per barrel and $2.31 per Mcf, respectively.
| Production Metric | Current Month | Prior Month |
|---|---|---|
| ----- | --- | --- |
| Oil (bbls) | 45,316 | 56,504 |
| Gas (Mcf) | 1,026,714 | 1,314,850 |
| Oil Price (per bbl) | $59.01 | $61.05 |
| Gas Price (per Mcf) | $2.27 | $2.31 |
Revenue Dynamics
The calculation of royalties is based on various factors including sales volumes, which fluctuate month to month depending on the timing of revenue receipts. The Trust receives royalties around the 25th of each month, but due to timing discrepancies, some revenue may not be recorded until the final business day of the month.
For February, it's significant to note that approximately $166,000 worth of revenue will be accounted for following the month of January, in addition to the usual receipts expected during February. Moreover, around $476,000 in revenue has already been confirmed and recorded since the close of business in January.
Additionally, there has been a notable change regarding ad valorem taxes this month; the distribution includes a deduction of roughly $17,000 for tax payments, a substantial reduction compared to $115,000 deducted during the same month last year. These ad valorem tax payments are generally expected this time of year and can influence the net distributions to unit holders.
Looking Ahead
For stakeholders seeking more detailed reports, the Sabine Royalty Trust encourages visiting their official website where the 2024 Annual Report and forms, including the 10-K and Reserve Summary for December 31, 2024, are available.
Forward-Looking Statements
It is essential for investors and stakeholders to recognize that statements made within this press release regarding future events or conditions contain outlooks that could differ materially from actual results due to various risk factors as outlined in the Trust's annual filings. These factors and any potential obstacles to anticipated results are specified in the risk assessment sections of the Trust’s reports. While the Trustee may provide updates on outlooks, there is no commitment to do so regularly.
For additional inquiries or requested printed reports, stakeholders can access resources via the Trust's investor relations page or reach out directly.
Visit Sabine Royalty Trust’s website for more information and to stay updated with the latest announcements.
Topics Financial Services & Investing）
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