Commodity Prices

Sabine Royalty Trust Declares $0.360390 November Unit Payout

Dallas – November 06, 2026 -- Sabine Royalty Trust (NYSE: SBR) will pay a cash distribution of $0.360390 per unit on November 30, 2026, up from the previous month on higher oil and natural gas production and prices. Argent Trust Company, the trustee, declared the payout to unit holders of record on November 16, 2026.

Higher volumes and prices drive the month-on-month increase

The distribution reflects primarily oil production for August 2026 and gas production for July 2026, which the trust treats as current production. Preliminary volumes are approximately 49,139 barrels of oil and 1,030,611 Mcf of gas.

Preliminary prices are approximately $82.57 per barrel of oil and $2.59 per Mcf of gas. The trustee attributes the increase over the prior month to gains in both production and pricing for oil and natural gas.

Wheaton Q3 Revenue Hits $772M as Gold Price Lifts Margins 39%

Vancouver – November 05, 2026 -- Wheaton Precious Metals reported record nine-month revenue of $2.6 billion, net earnings of $1.5 billion and operating cash flow of $2.1 billion for the period ended September 30, 2026, as a 64% jump in the average realized gold equivalent price drove margins higher.

Q3 revenue reaches $772 million on 36% higher realized prices

Third-quarter revenue of $772 million was split 51% gold, 46% silver, 0.5% palladium and 2% cobalt. The $295 million increase from the prior-year period came from a 36% rise in the average realized gold equivalent price and a 19% increase in gold equivalent ounces (GEOs) sold. Net earnings were $410 million and operating cash flow was $645 million, up $262 million year over year on higher gross margin.

For the nine months, revenue rose $1.2 billion, with the realized price up 64% and GEOs sold up 9%. Operating cash flow increased $901 million.