Sabine Royalty Stock Price, News & Analysis

Sabine Royalty Trust (SBR) has declared a cash distribution of $0.237940 per unit, payable on April 29, 2021, to unit holders recorded by April 15. The March revenue was affected by shelter-at-home orders, showing a decline in production with 50,741 barrels of oil and 650,124 Mcf of gas for January 2021. Oil prices increased to $49.56 per barrel, while gas prices rose to $2.56 per Mcf. Despite revenue fluctuations, the Trust's estimated reserves are 6.3 million barrels of oil and 39.8 billion cubic feet of gas as of January 1, 2021.

Simmons Bank, Trustee of the Sabine Royalty Trust (SBR), has announced a monthly cash distribution of $0.210990 per unit, payable on March 29, 2021. Unit holders of record as of March 15 will receive this payment. The distribution is primarily based on oil and gas production volumes from December 2020 and November 2020, totaling approximately 51,259 barrels of oil and 719,512 Mcf of gas at prices of $41.30 per barrel and $2.44 per Mcf respectively. The Trust's revenues have been impacted by energy pricing and operational delays due to shelter-in-place orders.

Simmons Bank, Trustee of the Sabine Royalty Trust (NYSE: SBR), has declared a cash distribution of $0.155290 per unit, payable on February 26, 2021. This distribution reflects oil production from November 2020 and gas production from October 2020, with preliminary production volumes of 46,433 barrels of oil and 657,693 Mcf of gas. Recent revenue impacts are attributed to shelter-at-home orders and a decline in energy prices. The company will also post an additional $964,000 in revenue received since January.

Simmons Bank, as Trustee of the Sabine Royalty Trust (SBR), declared a cash distribution of $0.167140 per unit, payable on January 29, 2021. This distribution reflects oil production from October 2020 and gas production from September 2020, with preliminary volumes reported at 52,258 barrels of oil and 675,539 Mcf of gas. The average prices were $37.24 per barrel and $1.99 per Mcf. Due to revenue timing and energy price fluctuations, some revenue will be reflected in January's postings, impacting future distributions.

Simmons Bank, as Trustee of the Sabine Royalty Trust (NYSE: SBR), has announced a cash distribution of $0.124040 per unit, payable on December 29, 2020, to unit holders of record as of December 15, 2020. The distribution reflects primarily oil production for September 2020 and gas production for August 2020, with preliminary volumes at 49,182 barrels of oil and 761,607 Mcf of gas. Notably, $671,000 in revenue will be posted in December, and $722,000 for 2020 Ad Valorem taxes was deducted from this month's distribution, compared to $922,000 last year.

Simmons Bank, as Trustee of the Sabine Royalty Trust (NYSE: SBR), announced a cash distribution of $0.120140 per unit, payable on November 30, 2020. The distribution is based on oil production data from August 2020 and gas from July 2020.

Preliminary production volumes reported are 54,132 barrels of oil and 619,545 Mcf of gas, with average prices at $37.23 per barrel and $1.45 per Mcf. The Trust faces challenges due to energy price drops and potential delays in revenue postings.

Simmons Bank, as Trustee of the Sabine Royalty Trust (NYSE: SBR), announced a cash distribution of $0.195890 per unit, payable on October 29, 2020, to unit holders of record on October 15, 2020. The Trust's revenue posting has been affected by shelter-in-place orders. Although cash distributions reflect production volumes of 64,823 barrels of oil and 667,860 Mcf of gas, past energy price declines may impact future earnings. Approximately $460,000 in revenue will be posted in October, alongside $849,000 received since the end of September.

Sabine Royalty Trust (SBR) has declared a cash distribution of $0.203290 per unit, payable on September 29, 2020, to unit holders of record by September 15, 2020. The distribution reflects oil and gas production from June and May 2020, respectively, with preliminary volumes of 74,927 barrels of oil and 645,426 Mcf of gas. The average prices were $36.42 per barrel and $1.54 per Mcf. The Trust faces revenue impacts from ongoing energy price declines and operational delays due to industry disruptions.

Simmons Bank, Trustee of the Sabine Royalty Trust (NYSE: SBR), announced a cash distribution of $0.101730 per unit, payable on August 31, 2020, to holders of record on August 17, 2020. July's revenue was significantly impacted by shelter-in-place orders and is anticipated to be negatively affected by falling energy prices in the coming months. For May 2020, production volumes were approximately 58,895 barrels of oil and 587,427 Mcf of gas, with prices at $23.83 per barrel and $1.37 per Mcf.