Welcome to our dedicated page for Sabine Royalty news (Ticker: SBR), a resource for investors and traders seeking the latest updates and insights on Sabine Royalty stock.
Sabine Royalty Trust (SBR) provides investors with exposure to oil and gas royalty streams through its portfolio of mineral interests across Texas, Louisiana, and other key energy-producing states. This page serves as the definitive source for SBR-related news, offering timely updates on cash distributions, operational developments, and regulatory filings.
Access verified information about quarterly royalty payments, production volume changes, and commodity price impacts. The trust’s unique model—generating revenue from non-operational mineral interests—makes this collection essential for tracking income stability in the energy sector. Key updates include earnings announcements, reserve evaluations, and trustee communications.
All content undergoes strict verification to align with SBR’s transparent reporting standards. Bookmark this page for direct access to press releases and analysis of royalty payment trends, ensuring you stay informed about this specialized energy investment vehicle.
Sabine Royalty Trust (NYSE: SBR) has announced a cash distribution of $0.421310 per unit for September 2024, payable on September 30, 2024, to unitholders of record on September 16, 2024. This distribution primarily reflects oil production for June 2024 and gas production for May 2024. Preliminary production volumes are approximately 64,743 barrels of oil and 1,359,603 Mcf of gas, with prices at about $78.14 per barrel of oil and $1.52 per Mcf of gas. The distribution is lower than the previous month's due to a decrease in oil production, partially offset by increased prices for both oil and natural gas and higher natural gas production.
Sabine Royalty Trust (NYSE: SBR) has declared a cash distribution of $0.450890 per unit for August 2024, payable on August 29 to unitholders of record on August 15. This distribution primarily reflects oil production for May 2024 and gas production for April 2024. Preliminary production volumes are approximately 76,461 barrels of oil and 1,346,957 Mcf of gas, with average prices of $77.48 per barrel of oil and $1.20 per Mcf of gas.
The distribution is higher than the previous month's, mainly due to increased oil production, partially offset by decreased prices for both oil and natural gas and reduced natural gas production. Approximately $212,000 of revenue received after July's end will be posted in August, and about $264,000 in revenue has been received since July's close.
Sabine Royalty Trust (NYSE: SBR) announced a monthly cash distribution for July 2024. Unit holders of record as of July 15, 2024, will receive $0.379040 per unit on July 29, 2024. This distribution, reflecting April 2024 oil production and March 2024 gas production, marks a decrease from the previous month due to lower oil output and reduced natural gas prices. Preliminary production volumes are reported at approximately 55,484 barrels of oil and 1,414,577 Mcf of gas, with prices at $82.07 per barrel of oil and $1.29 per Mcf of gas. The reduction in distribution is partially offset by higher oil prices and increased gas production. Further details, including financial reports and tax information, are available on Sabine's updated website.
Sabine Royalty Trust (NYSE: SBR) announced a cash distribution of $0.537640 per unit for June 2024. The distribution will be paid on June 28, 2024, to unit holders of record on June 17, 2024. This distribution primarily reflects oil production for March 2024 and gas production for February 2024, with preliminary production volumes of approximately 75,929 barrels of oil and 1,359,458 Mcf of gas. Current month prices are $81.23 per barrel of oil and $2.13 per Mcf of gas.
The distribution is lower than the previous month due to decreased oil production and lower natural gas prices, partially offset by higher oil prices and increased natural gas production. The current month saw a drop in oil production from 87,730 barrels and a decrease in gas prices from $2.53 per Mcf in the previous month. Notably, approximately $244,000 of revenue will be posted in June due to end-of-month timing, and $890,000 of revenue has been received since the close of May.
Sabine Royalty Trust, a NYSE-listed company, declared a cash distribution of $0.597730 per unit for May 2024. The distribution, payable on May 29, 2024, reflects oil and gas production for February and January 2024, respectively. Despite an increase in oil production, prices fluctuated, impacting this month's distribution. Sabine's website contains detailed financial reports, tax information, SEC filings, and offers printed reports upon request.