---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-271338"
form_type: "8-K"
ticker: "SBR"
cik: "0000710752"
company_name: "SABINE ROYALTY TRUST"
filed_at: "2025-11-07T23:59:59+00:00"
generated_at: "2026-05-16T23:13:56.371645+00:00"
event_type: "dividend"
sentiment: "negative"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Sabine Royalty Trust Nov distribution $0.356720/unit; lower oil/gas pricing, higher ad valorem taxes

## Summary
- Cash distribution $0.356720 per unit, payable Nov 28, 2025, record Nov 17, 2025.
- Preliminary volumes: 65,727 bbl oil, 1,135,345 Mcf gas; oil $63.80/bbl, gas $2.55/Mcf.
- Distribution lower due to decreased oil/gas prices and $942k ad valorem tax deduction (vs $167k last year).
- Oil production up from 48,527 bbl prior month; gas production up from 1,111,528 Mcf.

## SEC filing metadata
- accession: 0001193125-25-271338
- form_type: 8-K
- ticker: SBR
- cik: 0000710752
- company_name: SABINE ROYALTY TRUST
- filed_at: 2025-11-07T23:59:59+00:00
- event_type: dividend
- sentiment: negative
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/710752/000119312525271338/0001193125-25-271338-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/710752/000119312525271338/2025-11_sabine_8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-271338
- JSON: https://secwatch.observer/filing/0001193125-25-271338.json
- Plain text: https://secwatch.observer/filing/0001193125-25-271338.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.