{"success":true,"data":{"pressRelease":{"id":"160449","rtpr_id":"nPn4Bk2Z0a-20261005","ticker":"SBR","exchange":"NYSE","all_tickers":["SBR"],"title":"SABINE ROYALTY TRUST ANNOUNCES MONTHLY CASH DISTRIBUTION FOR OCTOBER 2026","author":"PR Newswire","published_at":"2026-10-05T12:00:06.228Z","article_body":"SABINE ROYALTY TRUST ANNOUNCES MONTHLY CASH DISTRIBUTION FOR OCTOBER 2026\nPR Newswire\n\nDALLAS, Oct. 5, 2026\n\nDALLAS, Oct. 5, 2026 /PRNewswire/ -- Argent Trust Company, as Trustee of the\nSabine Royalty Trust (NYSE: SBR), today declared a cash distribution to the\nholders of its units of beneficial interest of $0.355450 per unit, payable on\nOctober 29, 2026, to unit holders of record on October 15, 2026. Sabine's cash\ndistribution history, current and prior year financial reports and tax\ninformation booklets, a link to filings made with the Securities and Exchange\nCommission and more can be found on its website at http://www.sbr-sabine.com/\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4788773-1&h=1944308366&u=http%3A%2F%2Fwww.sbr-sabine.com%2F&a=http%3A%2F%2Fwww.sbr-sabine.com%2F)\n.  Additionally, printed reports can be requested and are mailed free of\ncharge.\n\nThis distribution reflects primarily the oil production for July 2026 and the\ngas production for June 2026, which is considered current production.\nPreliminary production volumes are approximately 45,391 barrels of oil and\n1,019,756 Mcf of gas. Preliminary prices are approximately $80.56 per barrel\nof oil and $2.34 per Mcf of gas.\n\nThis month's distribution is higher than the previous month's primarily due to\nan increase in oil production and natural gas and oil pricing, slightly offset\nby lower natural gas production.\n\nThe table below compares this month's production and prices to the previous\nmonth's:\n                  Net to Trust Sales\n                  Volumes (a)                               Average Price (a)\n                  Oil (bbls)            Gas (Mcf)           Oil                 Gas\n\n(per bbl)\n(per Mcf)\n\n Current Month    45,391                1,019,756           $80.56              $2.34\n\n Prior Month      39,647                1,094,091           $79.10              $2.33\n\n(a) Sales volumes are recorded in the month the Trust receives and identifies\nthe related royalty income. Because of this, sales volumes and pricing may\nfluctuate from month to month based on the timing of cash receipts.\n\nRevenues are only distributed after they are received, verified, and posted.\nMost energy companies normally issue payment of royalties on or about the\n25(th) of every month, and depending on mail delivery, a varying amount of\nroyalties are not received until after the revenue posting on the last\nbusiness day of the month. The revenues received after that date will be\nposted within 30 days of receipt.\n\nDue to the timing of the end of the month of September, approximately $436,000\nof revenue received will be posted in the following month of October in\naddition to normal cash receipts received during October. Since the close of\nbusiness in September and prior to this press release, approximately\n$1,618,000 in revenue has been received.\n\nThe 2025 Annual Report with Form 10-K and the December 31, 2025, Reserve\nSummary are available on the Sabine website at http://www.sbr-sabine.com/\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4788773-1&h=1944308366&u=http%3A%2F%2Fwww.sbr-sabine.com%2F&a=http%3A%2F%2Fwww.sbr-sabine.com%2F)\n.\n\nForward-looking Statements\n\nAny statements in this press release about future events or conditions, and\nother statements containing the words \"estimates,\" \"believes,\" \"anticipates,\"\n\"plans,\" \"expects,\" \"will,\" \"may,\" \"intends\" and similar expressions, other\nthan historical facts, constitute forward-looking statements within the\nmeaning of the safe harbor provisions of the Private Securities Litigation\nReform Act of 1995. Factors or risks that could cause the Trust's actual\nresults to differ materially from the results the Trustee anticipates include,\nbut are not limited to the factors described in Part I, Item 1A, \"Risk\nFactors\" of the Trust's Annual Report on Form 10-K for the year ended December\n31, 2025, and Part II, Item 1A, \"Risk Factors\" of subsequently filed Quarterly\nReports on Form 10-Q.\n\nActual results may differ materially from those indicated by such\nforward-looking statements. In addition, the forward-looking statements\nincluded in this press release represent the Trustee's views as of the date\nhereof. The Trustee anticipates that subsequent events and developments may\ncause its views to change. However, while the Trustee may elect to update\nthese forward-looking statements at some point in the future, it specifically\ndisclaims any obligation to do so. These forward-looking statements should not\nbe relied upon as representing the Trustee's views as of any date subsequent\nto the date hereof.\n\nView original\ncontent:https://www.prnewswire.com/news-releases/sabine-royalty-trust-announces-monthly-cash-distribution-for-october-2026-302897493.html\n(https://www.prnewswire.com/news-releases/sabine-royalty-trust-announces-monthly-cash-distribution-for-october-2026-302897493.html)\n\nSOURCE Sabine Royalty Trust\n\n\n\nNancy Willis - Director of Royalty Trust Services, Argent Trust Company, Toll Free (855) 588-7839\n\nCopyright (c) 2026 PR Newswire Association,LLC. All Rights Reserved.","article_body_html":"","raw_payload":{"data":{"id":"nPn4Bk2Z0a-20261005","title":"SABINE ROYALTY TRUST ANNOUNCES MONTHLY CASH DISTRIBUTION FOR OCTOBER 2026","author":"PR Newswire","ticker":"SBR","created":"2026-10-05T12:00:06.228Z","tickers":["SBR"],"exchange":"NYSE","article_body":"SABINE ROYALTY TRUST ANNOUNCES MONTHLY CASH DISTRIBUTION FOR OCTOBER 2026\nPR Newswire\n\nDALLAS, Oct. 5, 2026\n\nDALLAS, Oct. 5, 2026 /PRNewswire/ -- Argent Trust Company, as Trustee of the\nSabine Royalty Trust (NYSE: SBR), today declared a cash distribution to the\nholders of its units of beneficial interest of $0.355450 per unit, payable on\nOctober 29, 2026, to unit holders of record on October 15, 2026. Sabine's cash\ndistribution history, current and prior year financial reports and tax\ninformation booklets, a link to filings made with the Securities and Exchange\nCommission and more can be found on its website at http://www.sbr-sabine.com/\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4788773-1&h=1944308366&u=http%3A%2F%2Fwww.sbr-sabine.com%2F&a=http%3A%2F%2Fwww.sbr-sabine.com%2F)\n.  Additionally, printed reports can be requested and are mailed free of\ncharge.\n\nThis distribution reflects primarily the oil production for July 2026 and the\ngas production for June 2026, which is considered current production.\nPreliminary production volumes are approximately 45,391 barrels of oil and\n1,019,756 Mcf of gas. Preliminary prices are approximately $80.56 per barrel\nof oil and $2.34 per Mcf of gas.\n\nThis month's distribution is higher than the previous month's primarily due to\nan increase in oil production and natural gas and oil pricing, slightly offset\nby lower natural gas production.\n\nThe table below compares this month's production and prices to the previous\nmonth's:\n                  Net to Trust Sales\n                  Volumes (a)                               Average Price (a)\n                  Oil (bbls)            Gas (Mcf)           Oil                 Gas\n\n(per bbl)\n(per Mcf)\n\n Current Month    45,391                1,019,756           $80.56              $2.34\n\n Prior Month      39,647                1,094,091           $79.10              $2.33\n\n(a) Sales volumes are recorded in the month the Trust receives and identifies\nthe related royalty income. Because of this, sales volumes and pricing may\nfluctuate from month to month based on the timing of cash receipts.\n\nRevenues are only distributed after they are received, verified, and posted.\nMost energy companies normally issue payment of royalties on or about the\n25(th) of every month, and depending on mail delivery, a varying amount of\nroyalties are not received until after the revenue posting on the last\nbusiness day of the month. The revenues received after that date will be\nposted within 30 days of receipt.\n\nDue to the timing of the end of the month of September, approximately $436,000\nof revenue received will be posted in the following month of October in\naddition to normal cash receipts received during October. Since the close of\nbusiness in September and prior to this press release, approximately\n$1,618,000 in revenue has been received.\n\nThe 2025 Annual Report with Form 10-K and the December 31, 2025, Reserve\nSummary are available on the Sabine website at http://www.sbr-sabine.com/\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4788773-1&h=1944308366&u=http%3A%2F%2Fwww.sbr-sabine.com%2F&a=http%3A%2F%2Fwww.sbr-sabine.com%2F)\n.\n\nForward-looking Statements\n\nAny statements in this press release about future events or conditions, and\nother statements containing the words \"estimates,\" \"believes,\" \"anticipates,\"\n\"plans,\" \"expects,\" \"will,\" \"may,\" \"intends\" and similar expressions, other\nthan historical facts, constitute forward-looking statements within the\nmeaning of the safe harbor provisions of the Private Securities Litigation\nReform Act of 1995. Factors or risks that could cause the Trust's actual\nresults to differ materially from the results the Trustee anticipates include,\nbut are not limited to the factors described in Part I, Item 1A, \"Risk\nFactors\" of the Trust's Annual Report on Form 10-K for the year ended December\n31, 2025, and Part II, Item 1A, \"Risk Factors\" of subsequently filed Quarterly\nReports on Form 10-Q.\n\nActual results may differ materially from those indicated by such\nforward-looking statements. In addition, the forward-looking statements\nincluded in this press release represent the Trustee's views as of the date\nhereof. The Trustee anticipates that subsequent events and developments may\ncause its views to change. However, while the Trustee may elect to update\nthese forward-looking statements at some point in the future, it specifically\ndisclaims any obligation to do so. These forward-looking statements should not\nbe relied upon as representing the Trustee's views as of any date subsequent\nto the date hereof.\n\nView original\ncontent:https://www.prnewswire.com/news-releases/sabine-royalty-trust-announces-monthly-cash-distribution-for-october-2026-302897493.html\n(https://www.prnewswire.com/news-releases/sabine-royalty-trust-announces-monthly-cash-distribution-for-october-2026-302897493.html)\n\nSOURCE Sabine Royalty Trust\n\n\n\nNancy Willis - Director of Royalty Trust Services, Argent Trust Company, Toll Free (855) 588-7839\n\nCopyright (c) 2026 PR Newswire Association,LLC. All Rights Reserved."},"type":"article","timestamp":"2026-10-05T12:00:06.273246638Z","server_sent_at_ms":1791201606273},"received_at":"2026-10-05T12:00:06.323Z","source_url":"https://www.prnewswire.com/news-releases/sabine-royalty-trust-announces-monthly-cash-distribution-for-october-2026-302897493.html"},"analysis":{"id":"149014","press_release_id":"160449","analysis_json":{"industry":{"label":"Oil, Gas & Consumable Fuels","sector":"Energy"},"redFlags":[],"eventType":"dividend","narrative":"Sabine Royalty Trust declared a monthly cash distribution of $0.355450 per unit, payable October 29, 2026, to holders of record October 15.\n\nThe distribution is higher than the prior month, driven by increased oil production (45,391 bbls vs 39,647) and modestly better oil and gas pricing, partially offset by lower gas volumes.\n\nApproximately $1.618 million in revenue has been received since the September close, with about $436,000 deferred into October's posting.","sentiment":"bullish","agentHooks":{"shouldPost":false,"suggestedAngle":"Monthly distribution ticks higher on stronger oil volumes and prices -- routine trust update."},"keyFigures":{"customDimensions":{"gas_volume_mcf":1019756,"oil_volume_bbls":45391,"gas_price_per_mcf":2.34,"oil_price_per_bbl":80.56,"prior_month_gas_mcf":1094091,"prior_month_oil_bbls":39647,"distribution_per_unit":0.35545,"revenue_received_since_month_end":1618000,"deferred_revenue_to_post_in_october":436000}},"quotedText":"This month's distribution is higher than the previous month's primarily due to an increase in oil production and natural gas and oil pricing, slightly offset by lower natural gas production.","namedEntities":{"people":[{"name":"Nancy Willis","role":"Director of Royalty Trust Services, Argent Trust Company"}],"products":[],"companies":[{"name":"Sabine Royalty Trust","ticker":"SBR","relationship":"filer"},{"name":"Argent Trust Company","relationship":"trustee"}],"dollarAmounts":[{"amount":"$0.355450","context":"monthly cash distribution per unit"},{"amount":"$80.56","context":"average oil price per barrel"},{"amount":"$2.34","context":"average gas price per Mcf"},{"amount":"$436,000","context":"revenue deferred into October posting"},{"amount":"$1,618,000","context":"revenue received since September close"}]},"materialImpact":{"score":2,"reasoning":"Routine monthly distribution announcement for a royalty trust, with a modest month-over-month increase driven by higher oil production and prices. No change to strategy or capital structure."},"tickerRelevance":{"others":[],"primary":"SBR"},"globalImportance":12,"audienceRelevance":15,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"micro-cap royalty trust","eventGravity":"routine monthly distribution","incomeInvestorInterest":"modest"}},"event_type":"dividend","event_type_secondary":null,"sentiment":"bullish","material_impact_score":2,"narrative":"Sabine Royalty Trust declared a monthly cash distribution of $0.355450 per unit, payable October 29, 2026, to holders of record October 15.\n\nThe distribution is higher than the prior month, driven by increased oil production (45,391 bbls vs 39,647) and modestly better oil and gas pricing, partially offset by lower gas volumes.\n\nApproximately $1.618 million in revenue has been received since the September close, with about $436,000 deferred into October's posting.","key_figures":{"customDimensions":{"gas_volume_mcf":1019756,"oil_volume_bbls":45391,"gas_price_per_mcf":2.34,"oil_price_per_bbl":80.56,"prior_month_gas_mcf":1094091,"prior_month_oil_bbls":39647,"distribution_per_unit":0.35545,"revenue_received_since_month_end":1618000,"deferred_revenue_to_post_in_october":436000}},"named_entities":{"people":[{"name":"Nancy Willis","role":"Director of Royalty Trust Services, Argent Trust Company"}],"products":[],"companies":[{"name":"Sabine Royalty Trust","ticker":"SBR","relationship":"filer"},{"name":"Argent Trust Company","relationship":"trustee"}],"dollarAmounts":[{"amount":"$0.355450","context":"monthly cash distribution per unit"},{"amount":"$80.56","context":"average oil price per barrel"},{"amount":"$2.34","context":"average gas price per Mcf"},{"amount":"$436,000","context":"revenue deferred into October posting"},{"amount":"$1,618,000","context":"revenue received since September close"}]},"model_name":"glm-5.3-flashx","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-10-05T12:00:36.385Z","global_importance":12,"audience_relevance":15,"importance_components":{"tickerTier":"micro-cap royalty trust","eventGravity":"routine monthly distribution","incomeInvestorInterest":"modest"}},"durationMs":5364,"modelName":"glm-5.3-flashx"}}