#USA #Dallas #cash distribution #Sabine Royalty Trust #Argent Trust

Financial Update from Sabine Royalty Trust

On November 7, 2025, Argent Trust Company, serving as the trustee for the Sabine Royalty Trust (NYSE: SBR), officially declared a cash distribution for unit holders. This distribution amounts to $0.356720 for each unit of beneficial interest, set to be paid on November 28, 2025, to all investors recorded by November 17, 2025. This announcement is a key highlight in Sabine's financial communications for 2025.

The cash distribution primarily reflects oil production from August 2025 and gas production from July 2025. The preliminary production data reveals approximately 65,727 barrels of oil and 1,135,345 thousand cubic feet (Mcf) of gas. The average sales price stands at roughly $63.80 per barrel of oil and $2.55 per Mcf of gas. However, this month’s distribution appears lower compared to the previous month’s amount.

While the decreased cash distribution is tied predominantly to declining prices in oil and gas markets, there was some offset due to increased production volumes. Below is a comparative analysis of key metrics from the current and prior month:


It’s important to note that revenue is distributed only after all funds have been received, verified, and processed. The normal cycle for energy companies is to issue royalty payments around the 25th of each month. Due to the timing concerning the end of October, nearly $831,000 of revenue will be posted in November, along with $1,603,000 received prior to this announcement.

Another significant element impacting the distribution includes the Ad Valorem tax deductions, which amounted to $942,000 for November 2025—a considerable increase from $167,000 recorded during the same month last year. Delays in tax renditions have been previously noted, affecting earlier months within the year 2024.

Furthermore, investors can find comprehensive financial details, including historical distribution data, current and prior year financial reports, and tax information, conveniently on the Sabine Royalty Trust's official website: www.sbr-sabine.com. Printed reports can also be requested at no charge.

This announcement is accompanied by certain forward-looking statements that project the Trust’s future performance. These projections, which include expectations about production and pricing, are influenced by a variety of factors including market conditions and regulatory changes. Stakeholders are encouraged to stay updated via the Trust’s Annual Report and subsequent filings available on their website.

In summary, while the cash distribution shows some decline driven by fluctuating oil and gas prices, the underlying production metrics indicate resilience. Investors are urged to maintain awareness of ongoing developments and to consult official resources for detailed information about their investments in the Sabine Royalty Trust.