{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-25-063226","form_type":"8-K","ticker":"SBR","cik":"0000710752","company_name":"SABINE ROYALTY TRUST","filed_at":"2025-05-05T23:59:59+00:00","discovered_at":"2026-05-14T18:02:51.069400+00:00","generated_at":"2026-05-22T19:48:04.847447+00:00","sec_items":["2.02","9.01"],"event_type":"dividend","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Sabine Royalty Trust declares May 2025 distribution of $0.44778/unit, down from prior month","bullets":["Monthly cash distribution $0.44778 per unit, payable May 29, 2025 to holders of record May 15, 2025.","Preliminary volumes: 53,621 bbl oil, 1,100,895 Mcf gas; prices: $71.45/bbl oil, $3.30/Mcf gas.","Distribution lower than prior month due to decreased oil & gas production partially offset by higher prices.","Prior month: 102,540 bbl oil, 1,410,501 Mcf gas; oil price $44.22/bbl (affected by prior period adjustments).","Approximately $122,000 revenue will be posted in May; $289,000 received since March close."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-25-063226","json":"https://secwatch.observer/filing/0000950170-25-063226.json","markdown":"https://secwatch.observer/filing/0000950170-25-063226.md","text":"https://secwatch.observer/filing/0000950170-25-063226.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/710752/000095017025063226/0000950170-25-063226-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/710752/000095017025063226/2025-05_sabine_8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-22T19:48:04.847447+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}