secwatch.observer — SEC 8-K summary
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Issuer:     SABINE ROYALTY TRUST (SBR)
CIK:        0000710752
Form:       8-K
Filed at:   2025-01-03T23:59:59+00:00
Accession:  0000950170-25-000790
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 $0.44833/unit monthly distribution, oil production up 12% MoM
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- Distribution of $0.448330 per unit payable Jan 29, record Jan 15, 2025.
- Current month oil production 76,247 bbls (+11.8% vs 68,183 prior); gas 1,617,815 Mcf (+5.3%).
- Average realized prices: oil $67.70/bbl (down from $71.76), gas $1.61/Mcf (up from $1.39).
- Distribution increase driven by higher production and gas prices, lower ad valorem taxes.
- Approx $232,000 of December revenue to be posted in January; $259,000 ad valorem tax deducted.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/710752/000095017025000790/0000950170-25-000790-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/710752/000095017025000790/2025-01_sabine_8-k.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-000790

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