secwatch.observer — SEC 8-K summary
======================================

Issuer:     SABINE ROYALTY TRUST (SBR)
CIK:        0000710752
Form:       8-K
Filed at:   2024-08-05T23:59:59+00:00
Accession:  0000950170-24-090557
Event type: dividend
Sentiment:  neutral
Materiality: 0.50
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sabine Royalty Trust declares August cash distribution of $0.450890 per unit
----------------------------------------------------------------------------

- Distribution of $0.450890/unit payable Aug 29, 2024 to holders of record Aug 15, 2024.
- Reflects May 2024 oil (76,461 bbls at $77.48/bbl) and April 2024 gas (1,346,957 Mcf at $1.20/Mcf).
- Distribution increased vs prior month due to higher oil production, partly offset by lower oil & gas prices and lower gas volumes.
- Prior month: 55,484 bbls at $82.07/bbl, 1,414,577 Mcf at $1.29/Mcf.
- About $212,000 revenue will be posted in August; $264,000 received since July close.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/710752/000095017024090557/0000950170-24-090557-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/710752/000095017024090557/2024-08_sabine_8-k_1.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-090557

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