SABINE ROYALTY TRUST ANNOUNCES MONTHLY CASH DISTRIBUTION FOR AUGUST 2026
Rhea-AI Summary
Sabine Royalty Trust (NYSE: SBR), through Argent Trust Company as trustee, declared a $0.619430 per unit cash distribution for August 2026, payable on August 31, 2026 to unitholders of record on August 17, 2026.
The distribution is based primarily on May 2026 oil and April 2026 gas production, with preliminary volumes of about 72,119 barrels of oil and 1,408,574 Mcf of gas. Preliminary average prices were $98.43 per barrel and $2.21 per Mcf, versus the prior month’s 54,139 barrels, 1,074,976 Mcf, $87.11 and $2.41 respectively.
The company said this month’s distribution exceeds the previous month’s mainly due to higher oil and gas production and stronger oil pricing, partly offset by lower gas prices. About $569,000 of July revenue will be posted in August, and roughly $2,017,000 in revenue has been received since July month-end.
Positive
- $0.619430 per unit August 2026 cash distribution declared
- Oil volumes up to 72,119 bbls from 54,139 prior month
- Gas volumes up to 1,408,574 Mcf from 1,074,976 prior month
- Oil price increased to $98.43/bbl from $87.11/bbl
- Approximately $2,017,000 revenue received since July close
Negative
- Natural gas price declined to $2.21/Mcf from $2.41/Mcf
- About $569,000 July revenue deferred to August posting
Key Figures
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Jul 02 | Monthly distribution | Negative | +0.6% | Lower distribution mainly reflected weaker natural gas pricing despite higher production. |
| Jun 05 | Monthly distribution | Positive | -1.0% | Higher commodity prices supported the payout despite lower production volumes. |
| May 05 | Monthly distribution | Positive | -0.6% | Higher production and slightly stronger commodity prices increased the distribution. |
| Apr 02 | Monthly distribution | Positive | +1.9% | Stronger oil and gas prices drove a higher monthly distribution. |
| Mar 06 | Monthly distribution | Positive | +0.2% | Higher oil production and stronger natural gas pricing lifted the distribution. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Recent monthly distribution announcements produced 2 aligned and 3 divergent 24-hour reactions.
Key Terms
units of beneficial interest financial
mcf technical
form 10-k regulatory
AI-generated analysis. How Rhea-AI works. Not financial advice.
This distribution reflects primarily the oil production for May 2026 and the gas production for April 2026, which is considered current production. Preliminary production volumes are approximately 72,119 barrels of oil and 1,408,574 Mcf of gas. Preliminary prices are approximately
This month's distribution is higher than the previous month's primarily due to an increase in oil and natural gas production along with higher oil pricing, slightly offset by lower natural gas pricing.
The table below compares this month's production and prices to the previous month's:
Net to Trust Sales | ||||||||||
Volumes (a) | Average Price (a) | |||||||||
Oil (bbls) | Gas (Mcf) | Oil (per bbl) | Gas (per Mcf) | |||||||
Current Month | 72,119 | 1,408,574 | ||||||||
Prior Month | 54,139 | 1,074,976 | ||||||||
a. Sales volumes are recorded in the month the Trust receives and identifies the related royalty income. Because of this, sales volumes and pricing may fluctuate from month to month based on the timing of cash receipts.
Revenues are only distributed after they are received, verified, and posted. Most energy companies normally issue payment of royalties on or about the 25th of every month, and depending on mail delivery, a varying amount of royalties are not received until after the revenue posting on the last business day of the month. The revenues received after that date will be posted within 30 days of receipt.
Due to the timing of the end of the month of July, approximately
The 2025 Annual Report with Form 10-K and the December 31, 2025, Reserve Summary are available on the Sabine website at http://www.sbr-sabine.com/.
Forward-looking Statements
Any statements in this press release about future events or conditions, and other statements containing the words "estimates," "believes," "anticipates," "plans," "expects," "will," "may," "intends" and similar expressions, other than historical facts, constitute forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Factors or risks that could cause the Trust's actual results to differ materially from the results the Trustee anticipates include, but are not limited to the factors described in Part I, Item 1A, "Risk Factors" of the Trust's Annual Report on Form 10-K for the year ended December 31, 2025, and Part II, Item 1A, "Risk Factors" of subsequently filed Quarterly Reports on Form 10-Q.
Actual results may differ materially from those indicated by such forward-looking statements. In addition, the forward-looking statements included in this press release represent the Trustee's views as of the date hereof. The Trustee anticipates that subsequent events and developments may cause its views to change. However, while the Trustee may elect to update these forward-looking statements at some point in the future, it specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing the Trustee's views as of any date subsequent to the date hereof.
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SOURCE Sabine Royalty Trust