SABINE ROYALTY TRUST ANNOUNCES MONTHLY CASH DISTRIBUTION FOR OCTOBER 2026

Approximately $436,000 of revenue received will be posted in October in addition to normal October cash receipts.

Rhea-AI Summary

Sabine Royalty Trust (NYSE: SBR) declared a monthly cash distribution of $0.355450 per unit, payable October 29, 2026. Unit holders of record on October 15, 2026, qualify for payment.

The distribution primarily reflects July 2026 oil production and June 2026 gas production. Preliminary oil volumes rose to approximately 45,391 barrels from 39,647 in the prior month, while gas volumes fell to approximately 1,019,756 Mcf from 1,094,091; Mcf means thousand cubic feet. Preliminary oil prices increased to approximately $80.56 per barrel from $79.10, and gas prices increased to approximately $2.34 per Mcf from $2.33. The trust attributes the higher monthly distribution primarily to increased oil production and higher oil and gas pricing, partly offset by lower gas production.

5 points · 0 major

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0 major · 2 points

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Positive

• Moderate point$0.355450 per unit October distribution is higher than the previous month's.
• Moderate pointPreliminary oil volumes increased to approximately 45,391 barrels from 39,647 in the prior month.
• Minor pointPreliminary oil prices increased to approximately $80.56 per barrel from $79.10 in the prior month.
• Minor pointPreliminary gas prices increased to approximately $2.34 per Mcf from $2.33 in the prior month.
• Minor pointRevenue of approximately $1,618,000 was received after September's close of business and before the announcement.

Negative

• Moderate pointPreliminary gas volumes declined to approximately 1,019,756 Mcf from 1,094,091 in the prior month.
• Minor pointSeptember month-end timing deferred posting of approximately $436,000 in received revenue until October.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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DALLAS, Oct. 5, 2026 /PRNewswire/ -- Argent Trust Company, as Trustee of the Sabine Royalty Trust (NYSE: SBR), today declared a cash distribution to the holders of its units of beneficial interest of $0.355450 per unit, payable on October 29, 2026, to unit holders of record on October 15, 2026. Sabine's cash distribution history, current and prior year financial reports and tax information booklets, a link to filings made with the Securities and Exchange Commission and more can be found on its website at http://www.sbr-sabine.com/.  Additionally, printed reports can be requested and are mailed free of charge.

This distribution reflects primarily the oil production for July 2026 and the gas production for June 2026, which is considered current production. Preliminary production volumes are approximately 45,391 barrels of oil and 1,019,756 Mcf of gas. Preliminary prices are approximately $80.56 per barrel of oil and $2.34 per Mcf of gas.

This month's distribution is higher than the previous month's primarily due to an increase in oil production and natural gas and oil pricing, slightly offset by lower natural gas 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		45,391			1,019,756			$80.56		$2.34
Prior Month		39,647			1,094,091			$79.10		$2.33

(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 25^th 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 September, approximately $436,000 of revenue received will be posted in the following month of October in addition to normal cash receipts received during October. Since the close of business in September and prior to this press release, approximately $1,618,000 in revenue has been received.

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.

View original content:https://www.prnewswire.com/news-releases/sabine-royalty-trust-announces-monthly-cash-distribution-for-october-2026-302897493.html

SOURCE Sabine Royalty Trust

FAQ

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How much is Sabine Royalty Trust's October 2026 distribution, and when is it paid?

The October distribution is $0.355450 per unit, payable on October 29, 2026, to unit holders of record on October 15, 2026.

Why can Sabine Royalty Trust's monthly sales volumes and prices fluctuate?

Sales volumes are recorded in the month the trust receives and identifies the related royalty income, so cash-receipt timing can affect monthly volumes and pricing. Revenue is distributed only after it is received, verified, and posted. Revenue received after the last business day's posting is posted within 30 days of receipt.