secwatch.observer — SEC 8-K summary
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Issuer:     SABINE ROYALTY TRUST (SBR)
CIK:        0000710752
Form:       8-K
Filed at:   2022-07-05T23:59:59+00:00
Accession:  0001193125-22-187835
Event type: dividend
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sabine Royalty Trust declares July distribution of $0.54999/unit, down from prior month
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- Distribution of $0.54999/unit payable July 29 to record July 15.
- Preliminary volumes: 40,082 bbl oil (down from 64,786 prior month) and 1,024,821 Mcf gas (down slightly).
- Average oil price $105.12/bbl (up from $94.63); gas price $4.57/Mcf (down from $5.19).
- New horizontal gas wells in Panola County contributed ~$880k; additional 8 wells contributed ~$200k.
- Approximately $900,762 of revenue received after month-end will be included in July posting.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/710752/000119312522187835/0001193125-22-187835-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/710752/000119312522187835/d369938d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-187835

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