secwatch.observer — SEC 8-K summary
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Issuer:     SABINE ROYALTY TRUST (SBR)
CIK:        0000710752
Form:       8-K
Filed at:   2025-02-07T23:59:59+00:00
Accession:  0000950170-25-015946
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 $0.439510 Feb distribution; oil production down ~10% MoM
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- Cash distribution of $0.439510 per unit, payable Feb 28, 2025 to holders of record Feb 18.
- Preliminary oil production 68,827 bbls (Nov 2024) vs prior month 76,247 bbls; gas 1,444,799 Mcf (Oct 2024).
- Average oil price $69.88/bbl (up from $67.70); gas $1.99/Mcf (up from $1.61).
- Distribution slightly lower due to decreased production, partially offset by higher prices.
- Approx. $115,000 deducted for 2024 ad valorem taxes vs $384,000 last year.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/710752/000095017025015946/0000950170-25-015946-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/710752/000095017025015946/2025-02_sabine_8-k.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-015946

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