{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-25-093689","form_type":"8-K","ticker":"SBR","cik":"0000710752","company_name":"SABINE ROYALTY TRUST","filed_at":"2025-07-03T23:59:59+00:00","discovered_at":"2026-05-14T18:02:46.200553+00:00","generated_at":"2026-05-18T09:33:01.438592+00:00","sec_items":["2.02","9.01"],"event_type":"dividend","sentiment":"negative","materiality_score":0.45,"calibrated_materiality_score":0.45,"confidence":"high","headline":"Sabine Royalty Trust declares July distribution of $0.34593/unit, down from prior month","bullets":["Cash distribution of $0.345930 per unit, payable July 29, 2025, to holders of record July 15.","Current month oil volumes 42,748 bbls vs 58,818 bbls prior month; gas 940,600 Mcf vs 1,004,988 Mcf.","Current oil price $65.46/bbl ($67.59 prior); gas $3.24/Mcf ($3.22 prior).","Distribution lower primarily due to decreased oil and gas production and lower oil pricing.","Approx. $505,000 of June revenue to be posted in July; $5.273M received since June close."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-25-093689","json":"https://secwatch.observer/filing/0000950170-25-093689.json","markdown":"https://secwatch.observer/filing/0000950170-25-093689.md","text":"https://secwatch.observer/filing/0000950170-25-093689.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/710752/000095017025093689/0000950170-25-093689-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/710752/000095017025093689/2025-07_sabine_8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-18T09:33:01.438592+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"}