secwatch.observer — SEC 8-K summary
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Issuer:     SABINE ROYALTY TRUST (SBR)
CIK:        0000710752
Form:       8-K
Filed at:   2024-05-03T23:59:59+00:00
Accession:  0000950170-24-052726
Event type: dividend
Sentiment:  neutral
Materiality: 0.25
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sabine Royalty Trust declares May 2024 distribution of $0.59773/unit
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- Distribution payable May 29, 2024 to holders of record May 15, 2024.
- Preliminary volumes: 87,730 bbl oil, 1,176,257 Mcf gas; oil $76.02/bbl, gas $2.53/Mcf.
- Distribution increased vs prior month due to higher oil production, partly offset by lower oil prices.
- Prior month: 64,623 bbl oil, 1,542,894 Mcf gas; oil $81.94/bbl, gas $2.39/Mcf.
- Approximately $249,000 in revenue received after April close to be posted in May; additional $1,075,000 received since press release.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/710752/000095017024052726/0000950170-24-052726-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/710752/000095017024052726/sabine_8-k_may_2024.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-052726

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer