secwatch.observer — SEC 8-K summary
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Issuer:     SABINE ROYALTY TRUST (SBR)
CIK:        0000710752
Form:       8-K
Filed at:   2026-02-06T23:59:59+00:00
Accession:  0001193125-26-041053
Event type: dividend
Sentiment:  negative
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sabine Royalty Trust declares Feb distribution of $0.28337/unit, down from prior month on lower volumes and prices
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- Cash distribution of $0.28337/unit payable Feb 27 to unitholders of record Feb 17, 2026.
- Preliminary Nov 2025 oil production: 45,316 bbls (down ~20% from 56,504 bbls) at $59.01/bbl.
- Preliminary Oct 2025 gas production: 1,026,714 Mcf (down ~22% from 1,314,850 Mcf) at $2.27/Mcf.
- Lower distribution attributed to decreased oil and gas production and lower pricing.
- Ad valorem taxes deducted this month: ~$17,000 vs ~$115,000 in same period last year.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/710752/000119312526041053/0001193125-26-041053-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/710752/000119312526041053/2026-02_sabine_8-k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-041053

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