secwatch.observer — SEC 8-K summary
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Issuer:     SABINE ROYALTY TRUST (SBR)
CIK:        0000710752
Form:       8-K
Filed at:   2024-06-07T23:59:59+00:00
Accession:  0000950170-24-070381
Event type: dividend
Sentiment:  negative
Materiality: 0.45
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sabine Royalty Trust declares June distribution of $0.53764/unit, down from prior month
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- Cash distribution of $0.537640 per unit payable June 28, 2024, record June 17, 2024.
- Preliminary oil production 75,929 bbls at $81.23/bbl; gas 1,359,458 Mcf at $2.13/Mcf.
- Distribution lower due to decreased oil production and lower natural gas prices.
- Oil volumes fell from 87,730 bbls; gas volumes rose from 1,176,257 Mcf prior month.
- Approximately $244,000 of May revenue will be posted in June; $890,000 received since May close.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/710752/000095017024070381/0000950170-24-070381-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/710752/000095017024070381/2024-06_sabine_8-k.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-070381

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