{"id":534324,"date":"2021-09-03T08:33:22","date_gmt":"2021-09-03T12:33:22","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/sabine-royalty-trust-announces-monthly-cash-distribution-for-september-2021\/"},"modified":"2021-09-03T08:33:22","modified_gmt":"2021-09-03T12:33:22","slug":"sabine-royalty-trust-announces-monthly-cash-distribution-for-september-2021","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/sabine-royalty-trust-announces-monthly-cash-distribution-for-september-2021\/","title":{"rendered":"Sabine Royalty Trust Announces Monthly Cash Distribution For September 2021"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">DALLAS<\/span>, <span class=\"xn-chron\">Sept. 3, 2021<\/span> \/PRNewswire\/ &#8212;\u00a0Simmons Bank, as Trustee of the Sabine Royalty Trust (NYSE: SBR), today declared a cash distribution to the holders of its units of beneficial interest of <span class=\"xn-money\">$0.274940<\/span> per unit, payable on <span class=\"xn-chron\">September 29, 2021<\/span>, to unit holders of record on <span class=\"xn-chron\">September 15<\/span>, 2021.\u00a0 Sabine&#8217;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 <b><a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3279036-1&amp;h=4019050589&amp;u=http%3A%2F%2Fwww.sbr-sabine.com%2F&amp;a=http%3A%2F%2Fwww.sbr-sabine.com%2F\" rel=\"nofollow noopener\">http:\/\/www.sbr-sabine.com\/<\/a><\/b>.\u00a0 Additionally, printed reports can be requested and are mailed free of charge.<\/p>\n<p>This distribution reflects primarily the oil production for <span class=\"xn-chron\">May 2021<\/span> and the gas production for April 2021.\u00a0 Preliminary production volumes are approximately 46,167 barrels of oil and 677,387 Mcf of gas.\u00a0 Preliminary prices are approximately <span class=\"xn-money\">$64.04<\/span> per barrel of oil and <span class=\"xn-money\">$2.74<\/span> per Mcf of gas.<\/p>\n<p>The table below compares this month&#8217;s production and prices to the previous month&#8217;s:<\/p>\n<div>\n<table cellspacing=\"0\" cellpadding=\"0\" border=\"0\" class=\"prnbcc\">\n<tr>\n<td class=\"prngen2\">\n              \n            <\/td>\n<td class=\"prngen2\">\n              \n            <\/td>\n<td colspan=\"5\" class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Net to Trust Sales<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen2\">\n              \n            <\/td>\n<td colspan=\"3\" class=\"prngen2\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n              \n            <\/td>\n<td class=\"prngen2\">\n              \n            <\/td>\n<td colspan=\"5\" class=\"prngen3\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Volumes<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen2\">\n              \n            <\/td>\n<td colspan=\"3\" class=\"prngen3\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Average Price <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n              \n            <\/td>\n<td class=\"prngen2\">\n              \n            <\/td>\n<td colspan=\"2\" class=\"prngen3\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Oil (bbls)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prnsbts prnsbr1 prnvab prnsbb1 prntac prnpl6 prnsbl1 prnpr6\">\n              \n            <\/td>\n<td class=\"prnsbts prnsbr1 prnvab prnsbbs prntac prnpl6 prnsbl1 prnpr6\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Gas (Mcf)<\/span>\n              <\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen2\">\n              \n            <\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Oil<\/span>\n              <\/p>\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(per bbl)<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen2\">\n              \n            <\/td>\n<td class=\"prngen3\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Gas<\/span>\n              <\/p>\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">(per Mcf)<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n              \n            <\/td>\n<td class=\"prngen2\">\n              \n            <\/td>\n<td colspan=\"2\" class=\"prngen6\">\n              \n            <\/td>\n<td class=\"prngen2\">\n              \n            <\/td>\n<td class=\"prngen6\">\n              \n            <\/td>\n<td colspan=\"2\" class=\"prngen2\">\n              \n            <\/td>\n<td class=\"prngen6\">\n              \n            <\/td>\n<td class=\"prngen2\">\n              \n            <\/td>\n<td class=\"prngen6\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen7\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Current Month<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen2\">\n              \n            <\/td>\n<td colspan=\"2\" class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">46,167<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen2\">\n              \n            <\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">677,387<\/span>\n              <\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen2\">\n              \n            <\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">$64.04<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen2\">\n              \n            <\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">$2.74<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n              \n            <\/td>\n<td class=\"prngen2\">\n              \n            <\/td>\n<td colspan=\"2\" class=\"prngen2\">\n              \n            <\/td>\n<td class=\"prngen2\">\n              \n            <\/td>\n<td class=\"prngen2\">\n              \n            <\/td>\n<td colspan=\"2\" class=\"prngen2\">\n              \n            <\/td>\n<td class=\"prngen2\">\n              \n            <\/td>\n<td class=\"prngen2\">\n              \n            <\/td>\n<td class=\"prngen2\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen7\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">Prior Month<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen2\">\n              \n            <\/td>\n<td colspan=\"2\" class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">53,612<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen2\">\n              \n            <\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">785,545<\/span>\n              <\/p>\n<\/td>\n<td colspan=\"2\" class=\"prngen2\">\n              \n            <\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">$62.89<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen2\">\n              \n            <\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">$2.54<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n              \n            <\/td>\n<td class=\"prngen2\">\n              \n            <\/td>\n<td colspan=\"2\" class=\"prngen2\">\n              \n            <\/td>\n<td class=\"prngen2\">\n              \n            <\/td>\n<td class=\"prngen2\">\n              \n            <\/td>\n<td colspan=\"2\" class=\"prngen2\">\n              \n            <\/td>\n<td class=\"prngen2\">\n              \n            <\/td>\n<td class=\"prngen2\">\n              \n            <\/td>\n<td class=\"prngen2\">\n              \n            <\/td>\n<\/tr>\n<tr>\n<td class=\"prngen6\">\n              \n            <\/td>\n<td class=\"prngen6\">\n              \n            <\/td>\n<td class=\"prngen6\">\n              \n            <\/td>\n<td class=\"prngen6\">\n              \n            <\/td>\n<td class=\"prngen6\">\n              \n            <\/td>\n<td class=\"prngen6\">\n              \n            <\/td>\n<td class=\"prngen6\">\n              \n            <\/td>\n<td class=\"prngen6\">\n              \n            <\/td>\n<td class=\"prngen6\">\n              \n            <\/td>\n<td class=\"prngen6\">\n              \n            <\/td>\n<td class=\"prngen6\">\n              \n            <\/td>\n<\/tr>\n<\/table><\/div>\n<p>Revenues are only distributed after they are received, verified and posted.\u00a0 Most energy companies normally issue payment of royalties on or about the 25<sup>th<\/sup> of every month, and depending on mail delivery, a varying amount of royalties are not received until after the revenue posting on the last business day of the month.\u00a0 The revenues received after that date will be posted within 30 days of receipt.<\/p>\n<p>During the month of August, the respective shelter-at-home\/work-from-home orders across the spectrum of the industry has significantly affected the posting of revenues for the Trust, until the following month of September.\u00a0 As adjustments are made accordingly, the functions of the Trust are still being performed, although on a delayed basis.\u00a0 We will continue to strive to make the operations of the Trust and its providers, as fluid as possible.<\/p>\n<p>Due to the timing of the end of the month of August, approximately <span class=\"xn-money\">$1,643,000<\/span> of revenue received will be posted in the following month of September in addition to normal receipts during September.\u00a0 Since the close of business in August and prior to this press release, <span class=\"xn-money\">$195,000<\/span> in revenue has been received.<\/p>\n<p>The 2020 Annual Report with Form 10-K and the <span class=\"xn-chron\">January 1, 2021<\/span> Reserve Summary are now available on the Sabine website at <b><a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3279036-1&amp;h=4019050589&amp;u=http%3A%2F%2Fwww.sbr-sabine.com%2F&amp;a=http%3A%2F%2Fwww.sbr-sabine.com%2F\" rel=\"nofollow noopener\">http:\/\/www.sbr-sabine.com\/<\/a>.<\/b>\u00a0<\/p>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=DA95121&amp;sd=2021-09-03\" \/> View original content:<a id=\"PRNURL\" rel=\"nofollow noopener\" href=\"https:\/\/www.prnewswire.com\/news-releases\/sabine-royalty-trust-announces-monthly-cash-distribution-for-september-2021-301368748.html\" target=\"_blank\">https:\/\/www.prnewswire.com\/news-releases\/sabine-royalty-trust-announces-monthly-cash-distribution-for-september-2021-301368748.html<\/a><\/p>\n<p>SOURCE  Sabine Royalty Trust<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=DA95121&amp;Transmission_Id=202109030830PR_NEWS_USPR_____DA95121&amp;DateId=20210903\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire DALLAS, Sept. 3, 2021 \/PRNewswire\/ &#8212;\u00a0Simmons Bank, as Trustee of the Sabine Royalty Trust (NYSE: SBR), today declared a cash distribution to the holders of its units of beneficial interest of $0.274940 per unit, payable on September 29, 2021, to unit holders of record on September 15, 2021.\u00a0 Sabine&#8217;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\/.\u00a0 Additionally, printed reports can be requested and are mailed free of charge. This distribution reflects primarily the oil production for May 2021 and the gas production for April 2021.\u00a0 Preliminary production volumes are approximately 46,167 &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/sabine-royalty-trust-announces-monthly-cash-distribution-for-september-2021\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Sabine Royalty Trust Announces Monthly Cash Distribution For September 2021&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-534324","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Sabine Royalty Trust Announces Monthly Cash Distribution For September 2021 - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/sabine-royalty-trust-announces-monthly-cash-distribution-for-september-2021\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sabine Royalty Trust Announces Monthly Cash Distribution For September 2021 - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire DALLAS, Sept. 3, 2021 \/PRNewswire\/ &#8212;\u00a0Simmons Bank, as Trustee of the Sabine Royalty Trust (NYSE: SBR), today declared a cash distribution to the holders of its units of beneficial interest of $0.274940 per unit, payable on September 29, 2021, to unit holders of record on September 15, 2021.\u00a0 Sabine&#8217;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\/.\u00a0 Additionally, printed reports can be requested and are mailed free of charge. 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/sabine-royalty-trust-announces-monthly-cash-distribution-for-september-2021\/","og_locale":"en_US","og_type":"article","og_title":"Sabine Royalty Trust Announces Monthly Cash Distribution For September 2021 - Market Newsdesk","og_description":"PR Newswire DALLAS, Sept. 3, 2021 \/PRNewswire\/ &#8212;\u00a0Simmons Bank, as Trustee of the Sabine Royalty Trust (NYSE: SBR), today declared a cash distribution to the holders of its units of beneficial interest of $0.274940 per unit, payable on September 29, 2021, to unit holders of record on September 15, 2021.\u00a0 Sabine&#8217;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\/.\u00a0 Additionally, printed reports can be requested and are mailed free of charge. This distribution reflects primarily the oil production for May 2021 and the gas production for April 2021.\u00a0 Preliminary production volumes are approximately 46,167 &hellip; Continue reading \"Sabine Royalty Trust Announces Monthly Cash Distribution For September 2021\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/sabine-royalty-trust-announces-monthly-cash-distribution-for-september-2021\/","og_site_name":"Market Newsdesk","article_published_time":"2021-09-03T12:33:22+00:00","og_image":[{"url":"https:\/\/c212.net\/c\/img\/favicon.png?sn=DA95121&amp;sd=2021-09-03","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/sabine-royalty-trust-announces-monthly-cash-distribution-for-september-2021\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/sabine-royalty-trust-announces-monthly-cash-distribution-for-september-2021\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Sabine Royalty Trust Announces Monthly Cash Distribution For September 2021","datePublished":"2021-09-03T12:33:22+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/sabine-royalty-trust-announces-monthly-cash-distribution-for-september-2021\/"},"wordCount":401,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/sabine-royalty-trust-announces-monthly-cash-distribution-for-september-2021\/#primaryimage"},"thumbnailUrl":"https:\/\/c212.net\/c\/img\/favicon.png?sn=DA95121&amp;sd=2021-09-03","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/sabine-royalty-trust-announces-monthly-cash-distribution-for-september-2021\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/sabine-royalty-trust-announces-monthly-cash-distribution-for-september-2021\/","name":"Sabine Royalty Trust Announces Monthly Cash Distribution For September 2021 - 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