secwatch.observer — SEC 8-K summary
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Issuer:     SABINE ROYALTY TRUST (SBR)
CIK:        0000710752
Form:       8-K
Filed at:   2022-09-02T23:59:59+00:00
Accession:  0001193125-22-237907
Event type: dividend
Sentiment:  neutral
Materiality: 0.50
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sabine Royalty Trust Sept distribution $0.83599/unit; oil $111.28/bbl, gas $6.56/Mcf
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- Cash distribution of $0.835990 per unit, payable Sept 29 to holders of record Sept 15, 2022.
- Preliminary production: 49,404 bbls oil and 1,231,557 Mcf gas; oil price $111.28/bbl, gas $6.56/Mcf.
- Distribution higher than prior month due to increased pricing, offset by lower production volumes.
- Horizontal wells in Panola County, Texas contributed ~$1,060,000 (May production); additional wells paid.
- Approximately $5.178M of revenue to be posted in September; $801K received since August close.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/710752/000119312522237907/0001193125-22-237907-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/710752/000119312522237907/d397550d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-237907

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