SABINE ROYALTY TRUST ANNOUNCES MONTHLY CASH DISTRIBUTION FOR JUNE 2025
Rhea-AI Summary
Positive
- Oil production increased to 58,818 barrels from 53,621 barrels in the previous month
- Trust has received approximately $3,552,000 in revenue since May's close
Negative
- Distribution decreased due to lower natural gas production and decreased oil and gas prices
- Natural gas production declined to 1,004,988 Mcf from 1,100,895 Mcf
- Oil prices dropped to $67.59 from $71.45 per barrel
- Natural gas prices decreased to $3.22 from $3.30 per Mcf
News Market Reaction – SBR
In the trading session that priced this news, SBR gained 0.28%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
This distribution reflects primarily the oil production for March 2025 and the gas production for February 2025, which is considered current production. Preliminary production volumes are approximately 58,818 barrels of oil and 1,004,988 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 production, along with a decrease in oil and natural gas pricing, partially offset by an increase in oil production.
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 | 58,818 | 1,004,988 | ||||||||
Prior Month | 53,621 | 1,100,895 | ||||||||
(a) | Sales volumes are recorded in the month the Trust receives and identifies the related royalty income. Because of this, |
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 May, approximately
The 2024 Annual Report with Form 10-K and the December 31, 2024, 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, 2024, 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