secwatch.observer — SEC 8-K summary
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Issuer:     SABINE ROYALTY TRUST (SBR)
CIK:        0000710752
Form:       8-K
Filed at:   2022-10-07T23:59:59+00:00
Accession:  0001193125-22-259326
Event type: dividend
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sabine Royalty Trust declares October cash distribution of $1.01668 per unit, up from prior month
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- Distribution of $1.01668 per unit payable Oct 31, 2022 to holders of record Oct 17, 2022.
- Preliminary volumes: 71,923 bbl oil, 1,472,082 Mcf gas; avg prices $96.81/bbl oil, $7.26/Mcf gas.
- Higher distribution vs prior month due to increased production; oil price down, gas price up.
- Horizontal gas wells in Panola County contributed ~$1,158,000; audit recovery added $315,000 in September.
- Approximately $3,092,000 revenue received after Sept close will be posted in October.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/710752/000119312522259326/0001193125-22-259326-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/710752/000119312522259326/d378694d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-259326

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