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Sabine Royalty Trust Message Board

  • jhs669 jhs669 May 10, 2008 2:17 AM Flag

    Distributions @ $126 oil

    If the April distribution was .49 cents per unit @ $95.42 oil and $7.19 natgas, any speculations on what the distribution will be when we get to the $126 oil and $11 ng prices? I tend to think that the unit price either goes up dramatically, or the dist. should be around .75 cents. Any thoughts?

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    • I agree if production holds. However production is so variable from month to month it's just a guess. As far as the share price I see $60 within the next few weeks unless oil & gas crash. FYI, since I first bought this in 1993 this months distribution/unit is the highest ever.

 
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