secwatch.observer — SEC 8-K summary
======================================

Issuer:     SABINE ROYALTY TRUST (SBR)
CIK:        0000710752
Form:       8-K
Filed at:   2026-01-05T23:59:59+00:00
Accession:  0001193125-26-001863
Event type: dividend
Sentiment:  neutral
Materiality: 0.30
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sabine Royalty Trust declares $0.321550/unit monthly distribution for Jan 2026
------------------------------------------------------------------------------

- Distribution of $0.321550 per unit payable Jan 29, record Jan 15; higher than prior month.
- Preliminary volumes: 56,504 bbl oil, 1,314,850 Mcf gas; prices $61.05/bbl, $2.31/Mcf.
- Increase driven by higher production; offset by lower prices and higher Ad Valorem taxes ($804k vs $259k last year).
- Approximately $507k in December revenue will be posted in January due to month-end timing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/710752/000119312526001863/0001193125-26-001863-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/710752/000119312526001863/2026-01_sabine_8-k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-001863

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