SABINE ROYALTY TRUST ANNOUNCES MONTHLY CASH DISTRIBUTION FOR SEPTEMBER 2025

Rhea-AI Summary

Sabine Royalty Trust (NYSE: SBR) has declared a monthly cash distribution of $0.584110 per unit for September 2025, payable on September 29, 2025, to unitholders of record on September 15, 2025.

The distribution reflects oil production of 97,403 barrels at $68.79 per barrel and gas production of 1,181,086 Mcf at $2.40 per Mcf. This month's distribution decreased compared to the previous month due to lower production volumes and prices for both oil and gas. Additionally, approximately $498,000 of revenue will be posted in September, with $367,000 already received since August's close.

Positive

• Regular monthly distribution maintained at $0.584110 per unit
• Additional revenue of $498,000 to be posted in September
• Transparent reporting with detailed production and pricing data

Negative

• Decreased oil production from 121,894 to 97,403 barrels
• Lower gas production from 1,280,573 to 1,181,086 Mcf
• Declined oil prices from $69.53 to $68.79 per barrel
• Reduced gas prices from $2.77 to $2.40 per Mcf

Insights

Energy Income Trust Analyst

Lower September distribution of $0.584110 reflects decreased oil/gas production and prices compared to previous month.

Sabine Royalty Trust has declared its September 2025 distribution of $0.584110 per unit, payable on September 29th to unitholders of record as of September 15th. This month's distribution shows a decline from August, primarily due to lower production volumes and decreased commodity prices.

The trust's preliminary production volumes for the period were approximately 97,403 barrels of oil and 1,181,086 Mcf of gas. These figures represent significant declines from the previous month's 121,894 barrels of oil (-20.1%) and 1,280,573 Mcf of gas (-7.8%).

Pricing also weakened across both commodities. Oil prices decreased from $69.53 to $68.79 per barrel (-1.1%), while natural gas pricing fell more substantially from $2.77 to $2.40 per Mcf (-13.4%).

The trust noted that approximately $498,000 of revenue received will be posted in September due to timing issues, in addition to approximately $367,000 received since the close of August. These delayed receipts will contribute to the next distribution.

For royalty trusts like Sabine, monthly distributions directly reflect the production volumes and commodity pricing for the underlying assets, with minimal operational expenses. The combination of reduced production and lower pricing has created a double negative impact on this month's distribution.

DALLAS, Sept. 5, 2025 /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 $0.584110 per unit, payable on September 29, 2025, to unit holders of record on September 15, 2025. 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 June 2025 and the gas production for May 2025, which is considered current production. Preliminary production volumes are approximately 97,403 barrels of oil and 1,181,086 Mcf of gas. Preliminary prices are approximately $68.79 per barrel of oil and $2.40 per Mcf of gas.

This month's distribution is lower than the previous month's primarily due to a decrease in oil and natural gas production, along with a decrease in both oil and 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		97,403			1,181,086			$68.79		$2.40
Prior Month		121,894			1,280,573			$69.53		$2.77
(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 August, approximately $498,000 of revenue received will be posted in the following month of September in addition to normal cash receipts received during September. Since the close of business in August and prior to this press release, approximately $367,000 in revenue has been received.

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.

View original content:https://www.prnewswire.com/news-releases/sabine-royalty-trust-announces-monthly-cash-distribution-for-september-2025-302547039.html

SOURCE Sabine Royalty Trust

FAQ

What is SBR's dividend distribution amount for September 2025?

Sabine Royalty Trust (SBR) declared a cash distribution of $0.584110 per unit, payable on September 29, 2025, to unitholders of record on September 15, 2025.

Why did Sabine Royalty Trust's distribution decrease in September 2025?

The distribution decreased due to lower oil and gas production volumes and decreased pricing for both commodities. Oil production fell to 97,403 barrels and gas to 1,181,086 Mcf.

What are the current oil and gas prices for Sabine Royalty Trust (SBR)?

For the current distribution period, SBR reported oil prices of $68.79 per barrel and natural gas prices of $2.40 per Mcf.

How much additional revenue will SBR post in September 2025?

Approximately $498,000 of revenue will be posted in September 2025, with $367,000 already received since August's close.

When do SBR unitholders receive their monthly distributions?

SBR distributions are typically paid on the 29th of each month to unitholders of record on the 15th of that month, following the receipt and verification of royalty payments from energy companies around the 25th.