secwatch.observer — SEC 8-K summary
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Issuer:     SABINE ROYALTY TRUST (SBR)
CIK:        0000710752
Form:       8-K
Filed at:   2025-11-07T23:59:59+00:00
Accession:  0001193125-25-271338
Event type: dividend
Sentiment:  negative
Materiality: 0.55
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/710752/000119312525271338/0001193125-25-271338-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/710752/000119312525271338/2025-11_sabine_8-k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-271338

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer