Dallas – November 06, 2026 -- Sabine Royalty Trust (NYSE: SBR) will pay a cash distribution of $0.360390 per unit on November 30, 2026, up from the previous month on higher oil and natural gas production and prices. Argent Trust Company, the trustee, declared the payout to unit holders of record on November 16, 2026.
Higher volumes and prices drive the month-on-month increase
The distribution reflects primarily oil production for August 2026 and gas production for July 2026, which the trust treats as current production. Preliminary volumes are approximately 49,139 barrels of oil and 1,030,611 Mcf of gas.
Preliminary prices are approximately $82.57 per barrel of oil and $2.59 per Mcf of gas. The trustee attributes the increase over the prior month to gains in both production and pricing for oil and natural gas.
Payment timing shifts $1.916 million of revenue into November
The trust distributes revenue only after it is received, verified and posted. Most energy companies issue royalty payments on or about the 25th of each month. Depending on mail delivery, some royalties arrive after the revenue posting on the last business day of the month. Those late receipts are posted within 30 days of receipt.
Because of how October ended, approximately $1,916,000 of revenue received will be posted in November, in addition to normal November cash receipts. Since the close of business in October and before the announcement, the trust has received approximately another $440,000.
The trust's 2025 Annual Report on Form 10-K and its December 31, 2025, Reserve Summary are available on its website.