Sabine Royalty Trust Announces October 2026 Distribution

Sabine Royalty Trust has announced a monthly cash distribution of $0.355450 per beneficial interest unit for October 2026, as reported by its trustee, Argent Trust Company. Unit holders of record as of October 15, 2026, will receive this payout on October 29, 2026. The distribution is primarily based on oil production from July 2026 and gas production from June 2026, with preliminary volumes at 45,391 barrels of oil and 1,019,756 Mcf of gas. The prices for these commodities were approximately $80.56 per barrel of oil and $2.34 per Mcf of gas.

The Trust noted that the current month's distribution surpasses the previous month's due to higher oil production and improved natural gas and oil pricing, despite a reduction in natural gas production. The Trust's distribution policy involves booking sales volumes in the month it receives and identifies the associated royalty income, which can lead to monthly variations in volumes and pricing. Revenues are distributed only after they are received, verified, and posted.

As of the press release, approximately $1,618,000 in revenue had been received since the close of business in September. Additionally, roughly $436,000 of revenue received in September will be posted in October alongside normal cash receipts received during October. The Trust emphasized that actual results may differ materially from forward-looking statements, and it disclaims any obligation to update these statements unless it chooses to do so.

The Trust's website provides access to its cash distribution history, financial reports, tax information booklets, and SEC filings. Printed reports are also available upon request and are mailed free of charge. The 2025 Annual Report with Form 10-K and the December 31, 2025, Reserve Summary are available on the Sabine website.