secwatch.observer — SEC 8-K summary
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Issuer:     SABINE ROYALTY TRUST (SBR)
CIK:        0000710752
Form:       8-K
Filed at:   2024-11-05T23:59:59+00:00
Accession:  0000950170-24-121191
Event type: dividend
Sentiment:  neutral
Materiality: 0.15
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sabine Royalty Trust declares monthly distribution of $0.51435/unit for November
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- Distribution of $0.51435 per unit payable Nov 29 to holders of record Nov 15.
- Preliminary volumes: 70,299 bbl oil (1,898,789 Mcf gas); avg price $76.90/bbl, $1.78/Mcf.
- Distribution higher than prior month due to increased oil and gas production.
- Approximately $167,000 in 2024 Ad Valorem taxes deducted vs $851,000 last year.
- Timing of tax renditions may cause varying deductions in Dec 2024-Feb 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/710752/000095017024121191/0000950170-24-121191-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/710752/000095017024121191/2024-11_sabine_8-k.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-121191

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