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News  ›  Benzinga

SABINE ROYALTY TRUST ANNOUNCES MONTHLY CASH DISTRIBUTION FOR JANUARY 2026

Benzinga Logo Benzinga By Prnewswire
SABINE ROYALTY TRUST ANNOUNCES MONTHLY CASH DISTRIBUTION FOR JANUARY 2026

Sabine Royalty Trust declared a monthly cash distribution of $0.321550 per unit for January 2026, payable on January 29, 2026. The distribution reflects October 2025 oil production of approximately 56,504 barrels at $61.05/barrel and September 2025 gas production of 1,314,850 Mcf at $2.31/Mcf. While production volumes increased, the distribution was partially offset by lower commodity prices and higher Ad Valorem taxes ($804,000 vs. $259,000 year-over-year).

Insights
SBR   neutral

The distribution increased due to higher production volumes, but gains were offset by lower oil and gas prices and significantly higher Ad Valorem taxes. The mixed factors—positive production growth balanced against negative price and tax headwinds—result in a neutral outlook with no clear directional bias.