Detail akcie Sabine Royalty Units online

Business Summary: Sabine Royalty Trust (the Trust) is an express trust. The Trust receives a distribution from Sabine Corporation (Sabine) of royalty and mineral interests, including landowner’s royalties, overriding royalty interests, minerals (other than executive rights, bonuses and delay rentals), production payments and any other similar, non-participatory interest, in certain producing and proved undeveloped oil and gas properties located in Florida, Louisiana, Mississippi, New Mexico, Oklahoma and Texas (the Royalty Properties). The Royalty Properties are the only assets of the Trust, other than cash being held for the payment of expenses and liabilities and for distribution to the unit holders. The trustee of the Trust is Argent Trust Company, a Tennessee chartered trust company.
Financial Summary: BRIEF: For the nine months ended 30 September 2024, Sabine Royalty Trust revenues increased 7% to $63.6M. Net income increased 8% to $61.1M. Revenues reflect Crude Oil Production, Total increase of 31% to 601K barrels. Net income benefited from General and administrative expenses decrease of 8% to $2.6M (expense). Dividend per share increased from $3.60 to $4.19.