secwatch.observer — SEC 8-K summary
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Issuer:     SABINE ROYALTY TRUST (SBR)
CIK:        0000710752
Form:       8-K
Filed at:   2023-05-04T23:59:59+00:00
Accession:  0001193125-23-135766
Event type: dividend
Sentiment:  neutral
Materiality: 0.25
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/710752/000119312523135766/0001193125-23-135766-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/710752/000119312523135766/d383810d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-135766

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