---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-135766"
form_type: "8-K"
ticker: "SBR"
cik: "0000710752"
company_name: "SABINE ROYALTY TRUST"
filed_at: "2023-05-04T23:59:59+00:00"
generated_at: "2026-06-15T23:31:58.545257+00:00"
event_type: "dividend"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# Sabine Royalty Trust May 2023 distribution $0.499/unit, lower due to timing and gas prices

## Summary
- Cash distribution of $0.499000/unit payable May 30, 2023 to holders of record May 15, 2023.
- Preliminary volumes: 58,004 bbl oil and 926,642 Mcf gas; average prices $80.96/bbl and $3.67/Mcf.
- Distribution lower than prior month due to decreased production and lower gas pricing; new Panola County wells contributed $870,037.
- Reserve report as of Jan 1, 2023: 5.9M bbl oil and 47.4 Bcf gas; estimated trust life 8-10 years.

## SEC filing metadata
- accession: 0001193125-23-135766
- form_type: 8-K
- ticker: SBR
- cik: 0000710752
- company_name: SABINE ROYALTY TRUST
- filed_at: 2023-05-04T23:59:59+00:00
- event_type: dividend
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/710752/000119312523135766/0001193125-23-135766-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/710752/000119312523135766/d383810d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-135766
- JSON: https://secwatch.observer/filing/0001193125-23-135766.json
- Plain text: https://secwatch.observer/filing/0001193125-23-135766.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.