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Sabine Royalty Trust(SBR) - 2025 Q1 - Quarterly Results
SBRSabine Royalty Trust(SBR)2025-06-06 13:26

Cash Distribution - The cash distribution for April 2025 is declared at 0.503880perunit,payableonApril29,2025,tounitholdersofrecordonApril15,2025[2].−Thismonth′sdistributionishigherthanthepreviousmonthduetoanincreaseinoilandgasproductionandariseinnaturalgasprices[4].ProductionVolumes−PreliminaryproductionvolumesforJanuary2025areapproximately102,540barrelsofoiland1,410,501Mcfofgas[3].−Thepriormonth′sproductionwas45,827barrelsofoiland1,044,259Mcfofgas,withaveragepricesof0.503880 per unit, payable on April 29, 2025, to unit holders of record on April 15, 2025[2]. - This month's distribution is higher than the previous month due to an increase in oil and gas production and a rise in natural gas prices[4]. Production Volumes - Preliminary production volumes for January 2025 are approximately 102,540 barrels of oil and 1,410,501 Mcf of gas[3]. - The prior month's production was 45,827 barrels of oil and 1,044,259 Mcf of gas, with average prices of 69.44 per barrel for oil and 1.86perMcfforgas[5].RevenueandCashReceipts−Approximately1.86 per Mcf for gas[5]. Revenue and Cash Receipts - Approximately 119,000 of revenue received in March will be posted in April, in addition to normal cash receipts[7]. Oil Prices - The realized oil price for the current month is 44.22perbarrel,significantlylowerthanthenationalaverageof44.22 per barrel, significantly lower than the national average of 71.56 per barrel[4]. Regulatory Filings - The Trust's 2024 Annual Report on Form 10-K has been filed with the SEC, and the Reserve Summary is available on the Trust's website[8]. Forward-Looking Statements - Forward-looking statements indicate potential risks that could cause actual results to differ from anticipated results[10]. - The Trustee disclaims any obligation to update forward-looking statements, which should not be relied upon as representing views after the date of the release[11].