secwatch.observer — SEC 8-K summary
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Issuer:     SABINE ROYALTY TRUST (SBR)
CIK:        0000710752
Form:       8-K
Filed at:   2023-02-03T23:59:59+00:00
Accession:  0001193125-23-023734
Event type: dividend
Sentiment:  neutral
Materiality: 0.55
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sabine Royalty Trust declares monthly distribution of $0.6373 per unit
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- Cash distribution of $0.637300 per unit, payable Feb 28, 2023 to holders of record Feb 15, 2023.
- Preliminary oil production 49,802 bbls at $84.75/bbl; gas 1,121,523 Mcf at $5.53/Mcf.
- Distribution slightly higher than prior month due to increased production offset by lower oil/gas prices.
- New horizontal gas wells in Panola County contributed approx $1,804,534 (September production).
- Approximately $193,000 for 2022 Ad Valorem taxes deducted vs $60,000 last year.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/710752/000119312523023734/0001193125-23-023734-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/710752/000119312523023734/d342983d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-023734

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