secwatch.observer — SEC 8-K summary
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Issuer:     SABINE ROYALTY TRUST (SBR)
CIK:        0000710752
Form:       8-K
Filed at:   2024-07-05T23:59:59+00:00
Accession:  0000950170-24-081802
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 July distribution of $0.37904/unit; oil production down, gas price down
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- Cash distribution of $0.37904 per unit, payable July 29 to record date July 15.
- Preliminary April oil production 55,484 bbls at $82.07/bbl; March gas 1,414,577 Mcf at $1.29/Mcf.
- Distribution down vs prior month due to lower oil production (55k vs 76k bbls) and lower gas price ($1.29 vs $2.13).
- Approximately $539k in revenue received after June month-end will be posted in July.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/710752/000095017024081802/0000950170-24-081802-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/710752/000095017024081802/2024-07_sabine_8-k.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-081802

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