secwatch.observer — SEC 8-K summary
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Issuer:     SABINE ROYALTY TRUST (SBR)
CIK:        0000710752
Form:       8-K
Filed at:   2025-12-05T23:59:59+00:00
Accession:  0001193125-25-308988
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 Dec. distribution of $0.19667/unit, down from prior month on lower production
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- Distribution of $0.19667/unit payable Dec. 29 to holders of record Dec. 15.
- Preliminary production: 28,904 bbl oil and 796,698 Mcf gas; avg prices $64.19/bbl and $2.61/Mcf.
- Distribution lower MoM due to decreased production; partially offset by higher prices and lower ad valorem taxes.
- Prior month had 65,727 bbl and 1,135,345 Mcf; prices $63.80/bbl and $2.55/Mcf.
- Ad valorem taxes deducted: $457K this month vs $1,624K same month last year.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/710752/000119312525308988/0001193125-25-308988-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/710752/000119312525308988/2025-12_sabine_8-k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-308988

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