Sabine Royalty Trust

04/02/2026 | Press release | Distributed by Public on 04/02/2026 11:05

SABINE ROYALTY TRUST ANNOUNCES MONTHLY CASH DISTRIBUTION FOR APRIL 2026 (Form 8-K)

SABINE ROYALTY TRUST ANNOUNCES

MONTHLY CASH DISTRIBUTION FOR APRIL 2026

Dallas, Texas, April 2, 2026 - 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 $0.324970 per unit, payable on April 29, 2026, to unit holders of record on April 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 January 2026 and the gas production for December 2025, which is considered current production. Preliminary production volumes are approximately 44,645 barrels of oil and 885,409 Mcf of gas. Preliminary prices are approximately $57.57 per barrel of oil and $3.42 per Mcf of gas.

This month's distribution is higher than the previous month's primarily due to an increase in oil and natural gas pricing, slightly offset by a decrease in oil and 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

44,645

885,409

$57.57

$3.42

Prior Month

49,137

931,107

$54.40

$2.73

(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 25thof 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 March, approximately $403,000 of revenue received will be posted in the following month of April in addition to normal cash receipts received during April. Since the close of business in March and prior to this press release, approximately $532,000 in revenue has been received.

The 2025 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/.

Sabine Royalty Trust published this content on April 02, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on April 02, 2026 at 17:05 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]