Sabine Royalty Trust Announces Monthly Cash Distribution For February 2026

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 $0.283370 per unit, payable on February 27, 2026, to unit holders of record on February 17, 2026. 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 November 2025 and the gas production for October 2025, which is considered current production. Preliminary production volumes are approximately 45,316 barrels of oil and 1,026,714 Mcf of gas. Preliminary prices are approximately $59.01 per barrel of oil and $2.27 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 lower pricing for oil and natural gas. 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 45,316 1,026,714 $59.01 $2.27 Prior Month 56,504 1,314,850 $61.05 $2.31 (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... Read more

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