Sabine Royalty Trust Declares $0.360390 Distribution
Argent Trust Company announced a cash distribution to unit holders of record on November 16, 2026, payable November 30, 2026.
Updated on Nov. 6, 2026 in Oil and Gas
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Argent Trust Company declared a cash distribution of $0.360390 per unit for Sabine Royalty Trust, payable on November 30, 2026, to unit holders of record on November 16, 2026. The distribution is higher than the previous month's, reflecting increased oil and natural gas production and higher prices.
Why it matters
The distribution reflects changes in both production volumes and commodity prices for the trust's royalty interests. Because revenues are distributed only after they are received, verified, and posted, the timing of payments can differ from when production occurs.
Preliminary oil production is about 49,139 barrels at $82.57 per barrel, up from 45,391 barrels at $80.56 per barrel the prior month, and gas production is about 1,030,611 Mcf at $2.59 per Mcf, up from 1,019,756 Mcf at $2.34 per Mcf. These preliminary figures remain subject to final adjustment.
The players
Argent Trust Company
Argent Trust Company is the trustee that declared the cash distribution for Sabine Royalty Trust.
Sabine Royalty Trust
Sabine Royalty Trust is a royalty trust that receives revenue from oil and natural gas production and distributes it to unit holders.
The details
Argent Trust Company, as trustee, declared the distribution, and the trust's revenues are distributed only after they are received, verified, and posted. Approximately $1,916,000 in revenue received from October timing will be posted in November 2026, and about $440,000 has been received since the close of business in October.
Timeline
August 2026: oil production month reflected in the current distribution.
July 2026: gas production month reflected in the current distribution.
October 2026: end-of-month revenue timing that leads to November posting.
November 16, 2026: record date for unit holders.
November 30, 2026: scheduled payment date of the distribution.
Market Landscape
Monthly royalty distributions from U.S. oil and gas royalty trusts typically move with production volumes and commodity prices, and this increase follows that pattern. The rise in both oil and gas volumes and prices positions the trust's payout higher than the prior month's.
Unit holders of record on November 16, 2026, will receive the $0.360390 per unit distribution on November 30, 2026. The payment is higher than last month's, which means a larger cash return for holders of the trust.
The takeaway
Royalty trust payouts rise and fall with the production and prices behind them, so monthly distributions can change meaningfully from one period to the next. Unit holders should watch the record and payment dates when planning around these distributions.
What happens next
The trust's distribution is scheduled to be paid on November 30, 2026, to unit holders of record on November 16, 2026.
Further reading
Explore more in Oil and Gas coverage for context on how royalty trust payouts track production and prices.
More information
Review the distribution history and filings on the Sabine Royalty Trust website.
Source note: This article includes information reported by Star Local.
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