Sabine Royalty Trust filed its quarterly report on Form 10-Q with the SEC on August 7, 2026, covering the period ended June 30, 2026, disclosing distributable income, royalty revenue, and trust corpus figures for the second quarter and first half of fiscal 2026.

Key Highlights

  • Q2 2026 distributable income: $20,849,020, or $1.43 per unit, compared with $17,788,995, or $1.22 per unit, in Q2 2025.
  • Q2 2026 royalty income: $21,689,562, up from $18,583,570 in Q2 2025.
  • Six-month distributable income: $33,891,316, or $2.32 per unit, compared with $35,935,478, or $2.46 per unit, for the six months ended June 30, 2025.
  • Six-month distributions paid: $32,322,555, or $2.22 per unit, versus $37,428,387, or $2.57 per unit, in the same prior-year period.
  • Trust corpus at June 30, 2026: $8,411,714, up from $6,847,579 at December 31, 2025.
  • Units outstanding: 14,579,345 units of beneficial interest as of August 7, 2026.

Sabine Royalty Trust Q2 2026: Income, Distributions, and Balance Sheet Detail

According to the filing, Sabine Royalty Trust (New York Stock Exchange: SBR) reported royalty income of $21,689,562 for the three months ended June 30, 2026, compared with $18,583,570 for the same period in 2025. Interest income for Q2 2026 was $104,767, down from $119,730 a year earlier. After general and administrative expenses of $945,309, the Trust's distributable income for the quarter reached $20,849,020, or $1.43 per unit, versus $17,788,995, or $1.22 per unit, in Q2 2025.

For the six months ended June 30, 2026, the filing reported royalty income of $35,881,186, compared with $37,978,136 for the first half of 2025. Six-month general and administrative expenses totaled $2,167,386, down from $2,269,348 in the prior-year period. Six-month distributable income was $33,891,316, or $2.32 per unit, against $35,935,478, or $2.46 per unit, for the comparable 2025 period. Distributions made during the six months ended June 30, 2026, totaled $32,322,555, or $2.22 per unit.

The condensed statement of assets, liabilities, and trust corpus showed total assets of $9,747,347 at June 30, 2026, consisting primarily of cash and short-term investments of $9,682,365 and royalty interests in oil and gas properties with a net book value of $64,982 after accumulated amortization of $22,330,203. Total liabilities were $1,335,633, comprising trust expenses payable of $306,884 and other payables of $1,028,749. The Trustee of record is Argent Trust Company, located in Dallas, Texas. The filing noted that all condensed financial statements are unaudited and that "the distributable income for such interim periods is not necessarily indicative of the distributable income for the full year."

What Was Disclosed

The Trust disclosed unaudited Q2 and six-month 2026 financial results, including royalty income, distributable income per unit, distributions paid per unit, and balance sheet figures as of June 30, 2026, with 14,579,345 units of beneficial interest outstanding.