secwatch.observer — SEC 8-K summary
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Issuer:     SABINE ROYALTY TRUST (SBR)
CIK:        0000710752
Form:       8-K
Filed at:   2023-07-07T23:59:59+00:00
Accession:  0001193125-23-183662
Event type: dividend
Sentiment:  neutral
Materiality: 0.50
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sabine Royalty Trust declares July distribution of $0.32047 per unit
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- Cash distribution of $0.320470 per unit payable July 31, 2023 to holders of record July 17, 2023.
- Oil production 44,123 bbls at $76.22/bbl; gas production 992,651 Mcf at $2.20/Mcf (preliminary).
- Distribution lower than prior month mainly due to decreased oil production and increased gas production offset by higher oil prices.
- New horizontal gas wells in Panola County contributed $409,000; additional wells contributed $180,500.
- Approximately $1,330,000 of June revenue will be posted in July due to timing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/710752/000119312523183662/0001193125-23-183662-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/710752/000119312523183662/d527797d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-183662

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