SBR

Market Cycles and Royalty Trusts: The article discusses the cyclical nature of crude oil prices, highlighting past downturns and recoveries, particularly focusing on mineral royalty trusts and non-operator oil interests that benefit from oil flow without direct drilling involvement.

Investment Strategy: It emphasizes the potential for significant returns by investing in these trusts during periods of negative sentiment and distribution cuts, suggesting that patience and courage can lead to substantial rewards when oil prices rebound.

Cash Distribution Announcement: Argent Trust Company declared a cash distribution of $0.447780 per unit for the Sabine Royalty Trust, payable on May 29, 2025, to unit holders of record by May 15, 2025, reflecting oil and gas production from early 2025.

Production and Revenue Details: The current month's production saw a decrease in both oil and gas volumes compared to the prior month, with preliminary figures showing approximately 53,621 barrels of oil and 1,100,895 Mcf of gas, while prices increased to $71.45 per barrel of oil and $3.30 per Mcf of gas.

Cash Distribution Announcement: Argent Trust Company declared a cash distribution of $0.503880 per unit for the Sabine Royalty Trust, payable on April 29, 2025, to unit holders of record by April 15, 2025, reflecting increased oil and gas production and natural gas prices.

Production and Revenue Details: The current month's production included approximately 102,540 barrels of oil and 1,410,501 Mcf of gas, with realized prices of $44.22 per barrel of oil and $2.62 per Mcf of gas, showing fluctuations compared to the previous month due to timing of revenue postings.