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Sabine Royalty Trust - SBR STOCK NEWS

Welcome to our dedicated news page for Sabine Royalty Trust (Ticker: SBR), a resource for investors and traders seeking the latest updates and insights on Sabine Royalty Trust.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Sabine Royalty Trust's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Sabine Royalty Trust's position in the market.

Rhea-AI Summary
Argent Trust Company, as Trustee of Sabine Royalty Trust (NYSE: SBR), announced a cash distribution of $0.411450 per unit, reflecting oil and gas production for December 2023 and November 2023. The distribution, payable on March 28, 2024, to unit holders of record on March 15, 2024, is lower than the previous month due to decreased oil production but offset by higher oil and gas prices.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.2%
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none
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Rhea-AI Summary
Argent Trust Company declared a cash distribution of $0.419460 per unit to Sabine Royalty Trust (SBR) holders, reflecting oil and gas production for November and October 2023. The distribution is lower than the previous month due to decreased oil production and lower prices for oil and gas.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.8%
Tags
none
-
Rhea-AI Summary
Argent Trust Company, as Trustee of the Sabine Royalty Trust (NYSE: SBR), declared a cash distribution of $0.437160 per unit, reflecting primarily the oil production for October 2023 and the gas production for September 2023. The distribution is less than the previous month's due to a decrease in both oil and gas production, and a decrease in the price of natural gas. The decrease in production is partially attributable to the production from previously disclosed fourteen new wells located in Martin County, Texas. This month's production volumes are approximately 58,697 barrels of oil and 1,015,516 Mcf of gas, with preliminary prices of approximately $86.27 per barrel of oil and $2.30 per Mcf of gas.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.17%
Tags
none
Rhea-AI Summary
Argent Trust Company, as Trustee of the Sabine Royalty Trust (NYSE: SBR), declared a cash distribution of $1.143090 per unit, reflecting primarily the oil production for September 2023 and the gas production for August 2023. The distribution is higher than the previous month's due to an increase in oil and gas production. The increase in oil production includes first production through August 2023 production of approximately 103,000 barrels of oil from fourteen new wells located in Martin County, Texas.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.82%
Tags
none
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Rhea-AI Summary
Argent Trust Company, as Trustee of the Sabine Royalty Trust, has declared a cash distribution of $0.720840 per unit to unit holders of record on November 15, 2023. The distribution reflects oil production of 70,052 barrels and gas production of 840,907 Mcf. This month's distribution is higher than the previous month's due to increased oil and gas pricing and production.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.41%
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none
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Rhea-AI Summary
Sabine Royalty Trust declares cash distribution for October 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.85%
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none
Rhea-AI Summary
Argent Trust Company, as Trustee of the Sabine Royalty Trust, declared a cash distribution of $0.364300 per unit to unit holders of record on September 15, 2023. The distribution reflects oil production of 55,152 barrels and gas production of 1,095,508 Mcf. The prices for oil and gas were approximately $74.58 per barrel and $1.89 per Mcf, respectively. This month's distribution is higher than the previous month's due to increased oil and gas pricing and an increase in oil production.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.03%
Tags
none
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Rhea-AI Summary
Argent Trust Company, as Trustee of the Sabine Royalty Trust, announced a cash distribution of $0.298580 per unit. The distribution reflects oil production for May 2023 and gas production for April 2023. This month's distribution is lower than the previous month's due to decreased oil and gas pricing.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.26%
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none
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.31%
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none
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.92%
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none
Sabine Royalty Trust

NYSE:SBR

SBR Rankings

SBR Stock Data

927.10M
14.04M
3.7%
12.22%
0.19%
Miscellaneous Intermediation
Finance and Insurance
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United States
Dallas