SABINE ROYALTY TRUST ANNOUNCES MONTHLY CASH DISTRIBUTION FOR FEBRUARY 2025

Core Viewpoint - Argent Trust Company declared a cash distribution of $0.439510 per unit for the Sabine Royalty Trust, reflecting current oil and gas production and pricing trends [1][2]. Distribution Details - The cash distribution is payable on February 28, 2025, to unit holders of record on February 18, 2025 [1]. - This month's distribution is slightly lower than the previous month due to a decrease in oil and gas production, despite an increase in prices [3]. Production and Pricing - Preliminary production volumes for November 2024 were approximately 68,827 barrels of oil and 1,444,799 Mcf of gas, with prices at approximately $69.88 per barrel of oil and $1.99 per Mcf of gas [2][3]. - The prior month's production was 76,247 barrels of oil and 1,617,815 Mcf of gas, with prices of $67.70 per barrel and $1.61 per Mcf [3]. Revenue Posting - Revenues are distributed only after being received, verified, and posted, with most energy companies issuing royalty payments around the 25th of each month [4]. - Approximately $265,000 of revenue received in January will be posted in February, in addition to normal cash receipts for that month [5]. Tax Deductions - Approximately $115,000 for 2024 Ad Valorem taxes was deducted from this month's distribution, compared to $384,000 for the same period last year [6].