secwatch.observer — SEC 8-K summary
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Issuer:     SABINE ROYALTY TRUST (SBR)
CIK:        0000710752
Form:       8-K
Filed at:   2022-11-07T23:59:59+00:00
Accession:  0001193125-22-278792
Event type: dividend
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sabine Royalty Trust declares $0.58255 per unit November distribution; production down from prior month
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- Distribution of $0.582550 per unit payable Nov 29, 2022 to holders of record Nov 15.
- Preliminary volumes: 36,531 bbl oil, 983,628 Mcf gas; avg prices $98.32/bbl oil, $6.82/Mcf gas.
- Distribution lower month-over-month due to timing of receipts and decreased production volumes.
- New horizontal gas wells in Panola County contributed ~$850k from July production; additional wells added.
- $5.1M revenue received after month-end will be posted in November; $4.1M received prior to press release.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/710752/000119312522278792/0001193125-22-278792-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/710752/000119312522278792/d222358d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-278792

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