secwatch.observer — SEC 8-K summary
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Issuer:     SABINE ROYALTY TRUST (SBR)
CIK:        0000710752
Form:       8-K
Filed at:   2023-08-04T23:59:59+00:00
Accession:  0001193125-23-203803
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 Aug cash distribution of $0.298580/unit
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- Distribution of $0.298580/unit payable Aug 29, 2023 to holders of record Aug 15, 2023.
- Preliminary volumes: 44,365 bbl oil and 1,120,435 Mcf gas; prices $70.80/bbl and $1.68/Mcf.
- Distribution lower than prior month due to decreased oil/gas pricing offset by higher production.
- New horizontal gas wells in Panola County contributed ~$290,000; three other wells added $80,000.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/710752/000119312523203803/0001193125-23-203803-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/710752/000119312523203803/d539530d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-203803

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer