Sabine Royalty Trust announced a cash distribution of $0.4979 per unit payable on May 29, 2026, to holders of record on May 15, 2026. This distribution reflects primarily February 2026 oil production and January 2026 gas production, with preliminary volumes of 56,677 barrels of oil and 1,220,056 Mcf of gas. The increase from the previous month is due to higher oil and gas prices ($60.97/barrel and $3.98/Mcf) and increased production volumes. Investors can find detailed financial reports and tax information on Sabine's website. The trust also highlighted that revenues are distributed after receipt and verification, with some timing differences in posting revenues.
The FDA has granted traditional approval to Fabhalta (iptacopan), a first-in-class complement inhibitor, for slowing kidney function decline in adults with primary immunoglobulin A nephropathy (IgAN). Fabhalta showed a 48% slower decline in kidney fu...
Corbin Advisors' Q2 2026 survey shows industrial investor sentiment at its highest in five years, with 84% of participants bullish or neutral-to-bullish due to strong order momentum and demand from data centers and AI sectors. Expectations for Q2 rev...
IPG Photonics announced a binding offer to acquire Lumibird Medical for €300 million, with an additional earnout of up to €50 million based on performance. This acquisition will expand IPG's Advanced Solutions portfolio in medical lasers, particularl...
Oil prices increased as tensions escalated between the US and Iran, with Iran threatening to retaliate against regional infrastructure if the US strikes its key facilities. US West Texas Intermediate futures rose 1.32% to $80.09 per barrel, while Bre...
Venezuela's USDT stablecoin trading volume has reached about 75% of its monthly oil export value, reflecting the country's shift to a parallel financial system amid economic sanctions and hyperinflation. The state oil company PDVSA requires prepaymen...
