secwatch.observer — SEC 8-K summary
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Issuer:     SABINE ROYALTY TRUST (SBR)
CIK:        0000710752
Form:       8-K
Filed at:   2022-12-05T23:59:59+00:00
Accession:  0001193125-22-298357
Event type: dividend
Sentiment:  positive
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sabine Royalty Trust declares Dec 2022 distribution of $1.067860/unit; production rises sharply
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- Cash distribution of $1.067860/unit payable Dec 29 to record holders Dec 15.
- Oil production 59,760 bbls (+64% MoM); gas 1,874,536 Mcf (+91% MoM).
- Average oil price $85.53/bbl (-13% vs $98.32 prior MoM); gas price flat at $6.82/Mcf.
- New horizontal wells in Panola County contributed ~$1.07M; additional $3.9M revenue from 4 new wells.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/710752/000119312522298357/0001193125-22-298357-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/710752/000119312522298357/d423145d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-298357

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