{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-229394","form_type":"8-K","ticker":"SBR","cik":"0000710752","company_name":"SABINE ROYALTY TRUST","filed_at":"2025-10-03T23:59:59+00:00","discovered_at":"2026-05-14T18:02:41.957737+00:00","generated_at":"2026-05-17T04:52:17.636368+00:00","sec_items":["2.02","9.01"],"event_type":"dividend","sentiment":"negative","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Sabine Royalty Trust declares Oct distribution of $0.3689/unit; oil production halved vs prior month","bullets":["Cash distribution $0.368910 per unit, payable Oct 29, 2025 to holders of record Oct 15, 2025.","Oil production 48,527 bbls (down ~50% from 97,403 bbls); gas production 1,111,528 Mcf (slightly down).","Oil price $65.48/bbl (down from $68.79); gas price $2.62/Mcf (up from $2.40).","Distribution lower primarily due to decreased oil/gas production and lower oil pricing.","Approximately $423,000 of late-September revenue will be posted in October."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-229394","json":"https://secwatch.observer/filing/0001193125-25-229394.json","markdown":"https://secwatch.observer/filing/0001193125-25-229394.md","text":"https://secwatch.observer/filing/0001193125-25-229394.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/710752/000119312525229394/0001193125-25-229394-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/710752/000119312525229394/2025-10_sabine_8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T04:52:17.636368+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}