SABINE ROYALTY TRUST ANNOUNCES MONTHLY CASH DISTRIBUTION FOR JUNE 2025

On June 6, 2025, Argent Trust Company, as Trustee of the Sabine Royalty Trust (NYSE: SBR), announced a cash distribution of $0.426490 per unit for holders of its units of beneficial interest. This payment will be made on June 30, 2025, to unit holders of record by June 16, 2025. The distribution reflects primarily the oil production from March 2025 and gas production from February 2025, indicating a strong performance earlier in the year.

Preliminary data shows production volumes of approximately 58,818 barrels of oil and about 1,004,988 Mcf of natural gas for the reporting period, accompanied by average prices of $67.59 per barrel for oil and $3.22 per Mcf for gas. However, this month's distribution marks a decrease from the previous month's due to reduced natural gas production and lower oil and gas prices, even as oil production increased slightly.

The announcement also highlights the importance of timing in revenue collection, noting that certain revenues amounting to approximately $237,000 from May will be accounted in June, in addition to regular receipts during the month. This underscores the Trust's reliance on accurate revenue postings and timely reporting from oil and gas companies.

Sabine Royalty Trust provides resources for unit holders to access financial reports, tax information, and SEC filings through its website. Going forward, the Trustee's comments reflect a cautious outlook, emphasizing the unpredictability of production and pricing factors that could affect future distributions. The Trust's forward-looking statements indicate their awareness of the variable risks inherent in the energy sector.

**Market Analysis and Advice on Sabine Royalty Trust (SBR) June 2025 Distribution** On June 6, 2025, Sabine Royalty Trust (NYSE: SBR) announced a monthly cash distribution of $0.426490 per unit, payable on June 30, 2025, to unit holders of record as of June 16, 2025. While this distribution reflects solid revenues, it is notably lower than the previous month's disbursement primarily due to a dip in natural gas production and pricing.

The preliminary production volumes indicate approximately 58,818 barrels of oil and 1,004,988 Mcf of gas for the respective periods. Oil was priced at $67.59 per barrel, while gas remained lower at $3.22 per Mcf. Compared to the prior month, oil production saw an increase, but the decrease in gas production and pricing resulted in overall lower cash flow for the Trust.

Investors should take note that the Trust's revenues are subject to fluctuations based on production volumes and market prices, as evidenced by the month-on-month variability—in this case, gas prices dropped from $3.30 in the prior month to $3.22, while oil prices also witnessed a decline. The current geopolitical and economic landscape, influencing oil and gas prices, appears to be a critical factor in this declining trend.

Given these circumstances, investors might consider a cautious approach towards Sabine Royalty Trust shares in the short term. The lower distribution may reflect ongoing volatility in energy prices. Potential investors should monitor both regional and global energy market developments, including demand trends and alternative energy policies, which could directly impact the Trust’s future distributions and overall valuation.

Long-term investors may benefit from holding SBR for its income-generation capabilities, especially given the Trust's historical resilience. However, it is advisable to remain vigilant regarding price movements in the commodity markets, as they are likely to influence both revenue and distributions significantly moving forward.