secwatch.observer — SEC 8-K summary
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Issuer:     SABINE ROYALTY TRUST (SBR)
CIK:        0000710752
Form:       8-K
Filed at:   2023-10-06T23:59:59+00:00
Accession:  0001193125-23-252241
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 $0.278690/unit for Oct 2023
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- Cash distribution of $0.278690 per unit payable Oct 30, 2023 to holders of record Oct 16, 2023.
- Preliminary volumes: 38,263 bbl oil (July prod) and 888,113 Mcf gas (June prod).
- Average realized prices: oil $73.41/bbl, gas $2.29/Mcf; oil down $1.17/bbl, gas up $0.40/Mcf from prior month.
- Distribution lower than prior month due to decreased oil prices and lower production, partially offset by higher gas prices.
- Approximately $3.2M in revenue received after August month-end will be posted in October.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/710752/000119312523252241/0001193125-23-252241-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/710752/000119312523252241/d514673d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-252241

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