secwatch.observer — SEC 8-K summary
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Issuer:     SABINE ROYALTY TRUST (SBR)
CIK:        0000710752
Form:       8-K
Filed at:   2023-12-05T23:59:59+00:00
Accession:  0001193125-23-289098
Event type: dividend
Sentiment:  neutral
Materiality: 0.40
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sabine Royalty Trust declares $1.14309/unit monthly distribution for Dec 2023
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- Distribution of $1.14309 per unit payable Dec 29, 2023 to holders of record Dec 15, 2023.
- Preliminary production: 189,898 bbls oil, 1,378,406 Mcf gas; prices $81.73/bbl, $2.60/Mcf.
- Distribution higher than prior month due to increased production, including 103,000 bbls from 14 new wells in Martin County.
- Partially offset by lower oil and gas pricing; prior month prices were $104.09/bbl and $5.88/Mcf.
- Approximately $990,000 for 2023 Ad Valorem taxes deducted from this month's distribution.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/710752/000119312523289098/0001193125-23-289098-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/710752/000119312523289098/d624301d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-289098

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