Sabine Royalty Stock Price, News & Analysis

On January 6, 2023, Argent Trust Company announced a cash distribution of $0.631510 per unit for Sabine Royalty Trust (NYSE: SBR), payable on January 31, 2023. This distribution, based on oil and gas production volumes from late 2022, reflects approximately 39,824 barrels of oil and 903,315 Mcf of gas. While production volumes decreased from the previous month, higher commodity prices partially offset the impact. The report also notes a $744,000 deduction for Ad Valorem taxes, which increased compared to last year.

Simmons Bank, as Trustee of the Sabine Royalty Trust (SBR), declared a monthly cash distribution of $1.067860 per unit, payable on December 29, 2022, to unit holders on record by December 15, 2022. This distribution, reflecting oil and gas production for September and August 2022, shows an increase due to improved production volumes, totaling approximately 59,760 barrels of oil and 1,874,536 Mcf of gas. However, the increase was tempered by a decrease in oil prices. Notably, revenue from new gas wells in Panola County, Texas, contributed significantly to the distribution.

Simmons Bank, Trustee of the Sabine Royalty Trust (SBR), declared a cash distribution of $0.582550 per unit, payable on November 29, 2022, for unit holders of record as of November 15, 2022. This distribution reflects production volumes of approximately 36,531 barrels of oil and 983,628 Mcf of gas with preliminary prices at $98.32 per barrel and $6.82 per Mcf. The current distribution is lower than the previous month due to decreased production, although oil pricing slightly increased. Notably, revenues received after month-end will be reported in November.

Simmons Bank, as Trustee of the Sabine Royalty Trust (NYSE: SBR), announced a cash distribution of $1.016680 per unit, payable on October 31, 2022. This distribution is based on oil production from July 2022 and gas production from June 2022, with preliminary volumes of 71,923 barrels of oil and 1,472,082 Mcf of gas. The distribution increased from the previous month due to higher production, despite a drop in oil prices to $96.81 per barrel and an increase in gas prices to $7.26 per Mcf. An additional $3,092,000 in revenue is expected to be posted in October.

Simmons Bank, as Trustee of the Sabine Royalty Trust (NYSE: SBR), has declared a cash distribution of $0.835990 per unit to unit holders, payable on September 29, 2022. This distribution is influenced primarily by June 2022 oil production and May 2022 gas production, with preliminary volumes reported at approximately 49,404 barrels of oil and 1,231,557 Mcf of gas. The cash distribution increased due to higher oil and gas prices, despite lower production volumes compared to the previous month.

Sabine Royalty Trust (NYSE: SBR) announced a cash distribution of $0.829410 per unit, payable on August 29, 2022, to unit holders of record on August 15, 2022. This distribution reflects production for May and April 2022, with preliminary volumes at 56,325 barrels of oil and 1,258,547 Mcf of gas. Increased production levels are attributed to new wells in Panola County, Texas.

Current prices are approximately $103.82 per barrel of oil and $5.95 per Mcf of gas, showing a positive trend over the previous month.

Simmons Bank, Trustee of the Sabine Royalty Trust (SBR), announced a cash distribution of $0.549990 per unit, payable on July 29, 2022, to unit holders of record on July 15. This distribution reflects oil production for April 2022 and gas production for March 2022, with preliminary volumes of 40,082 barrels of oil and 1,024,821 Mcf of gas. Despite high oil prices averaging $105.12 per barrel, the distribution decreased from the previous month due to reduced production. The contribution from new horizontal wells is noted, enhancing monthly income but not sufficient to offset declines.

Simmons Bank, as Trustee of the Sabine Royalty Trust (SBR), announced a cash distribution of $0.719500 per unit, payable on June 29, 2022, to unit holders of record by June 15, 2022. This distribution reflects increased oil production of 64,786 barrels and gas production of 1,037,379 Mcf. Average prices are $94.63 for oil and $5.19 for gas. Significant contributions came from new horizontal gas wells in Panola County, Texas, yielding approximately $990,000 in revenue. Estimated net proved reserves are 6.0 million barrels of oil and 42.8 billion cubic feet of gas, valued at $470,140,000.

Simmons Bank, as Trustee of the Sabine Royalty Trust (NYSE: SBR), has announced a cash distribution of $0.603540 per unit, payable on May 31, 2022, to unitholders of record as of May 16, 2022. This distribution reflects February oil production and January gas production, totaling approximately 47,602 barrels of oil and 1,374,858 Mcf of gas. The cash distribution decreased from the previous month due to lower production levels. The Trust's estimated net proved reserves are around 6.0 million barrels of oil and 42.8 billion cubic feet of gas.