secwatch.observer — SEC 8-K summary
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Issuer:     SABINE ROYALTY TRUST (SBR)
CIK:        0000710752
Form:       8-K
Filed at:   2023-11-03T23:59:59+00:00
Accession:  0001193125-23-270222
Event type: dividend
Sentiment:  positive
Materiality: 0.50
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sabine Royalty Trust declares Nov distribution of $0.720840/unit; oil production rises
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- Distribution of $0.720840/unit payable Nov 29, record Nov 15.
- Oil production 70,052 bbls (up from 38,263) at $104.09/bbl (up from $73.41).
- Gas production 840,907 Mcf at $5.88/Mcf (prior: 888,113 Mcf at $2.29).
- Higher distribution driven by increase in oil prices and oil production.
- Approximately $850,630 ad valorem taxes deducted this month vs $755,000 last year.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/710752/000119312523270222/0001193125-23-270222-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/710752/000119312523270222/d544094d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-270222

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