secwatch.observer — SEC 8-K summary
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Issuer:     SABINE ROYALTY TRUST (SBR)
CIK:        0000710752
Form:       8-K
Filed at:   2024-12-05T23:59:59+00:00
Accession:  0000950170-24-133578
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 $0.31117/unit monthly distribution, down from prior month
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- Distribution of $0.31117/unit payable Dec 30 to holders of record Dec 16.
- Preliminary volumes: 68,183 bbls oil, 1,536,640 Mcf gas vs 70,299 / 1,898,789 prior month.
- Average prices: oil $71.76/bbl, gas $1.39/Mcf vs $76.90 and $1.78 prior month.
- Ad valorem taxes deducted $1.624M vs $0.990M a year ago.
- Distribution lower primarily due to decreased production and lower oil/gas prices.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/710752/000095017024133578/0000950170-24-133578-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/710752/000095017024133578/2024-12_sabine_8-k.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-133578

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