SABINE ROYALTY TRUST ANNOUNCES MONTHLY CASH DISTRIBUTION FOR JULY 2026
Rhea-AI Summary
Sabine Royalty Trust (NYSE:SBR) declared a July 2026 cash distribution of $0.429150 per unit, payable July 29, 2026, to unit holders of record on July 15, 2026.
The payout reflects primarily April 2026 oil and March 2026 gas production: about 54,139 barrels of oil at $87.11 per barrel and 1,074,976 Mcf of gas at $2.41 per Mcf. The distribution is lower than the prior month, mainly due to decreased natural gas pricing, partially offset by higher oil and gas production and higher oil pricing. Roughly $1,029,000 of revenue received at June month-end will be posted in July, and about $1,462,000 in revenue has been received since the June close.
Positive
- July 2026 cash distribution of $0.429150 per unit
- Oil production 54,139 barrels at $87.11 per barrel
- Gas production 1,074,976 Mcf at $2.41 per Mcf
- Approximately $1.462 million royalty revenue received after June close
- Around $1.029 million revenue to be posted in July
Negative
- July 2026 distribution lower than prior month
- Average gas price declined from $4.70 to $2.41 per Mcf
News Market Reaction – SBR
In the Jul 2 session, SBR gained 0.58%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Jun 05 | Monthly distribution | Neutral | -1.0% | Announced June 2026 cash distribution of $0.502990 per unit. |
| May 05 | Monthly distribution | Neutral | -0.6% | Declared May 2026 distribution of $0.497900 per unit with higher volumes. |
| Apr 02 | Monthly distribution | Neutral | +1.9% | Announced April 2026 distribution of $0.324970 per unit. |
| Mar 06 | Monthly distribution | Neutral | +0.2% | Declared March 2026 cash distribution of $0.286230 per unit. |
| Feb 06 | Monthly distribution | Neutral | -0.1% | Announced February 2026 distribution of $0.283370 per unit. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Recent monthly distribution announcements have produced small, mixed price reactions with no clear directional pattern.
Key Terms
units of beneficial interest financial
royalty income 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 April 2026 and the gas production for March 2026, which is considered current production. Preliminary production volumes are approximately 54,139 barrels of oil and 1,074,976 Mcf of gas. Preliminary prices are approximately
This month's distribution is lower than the previous month's primarily due to a decrease in natural gas pricing, slightly offset by higher oil and natural gas production, along with higher oil 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 | 54,139 | 1,074,976 | ||||||||
Prior Month | 50,742 | 896,486 | ||||||||
(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 June, 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