SABINE ROYALTY TRUST
A passive trust collecting and distributing royalty income from oil and gas properties to unitholders.
SBR | NYSE
Overview
Corporate Details
- ISIN(s):
- US7856881021
- LEI:
- Country:
- United States of America
- Address:
- C/O ARGENT TRUST COMPANY, DALLAS
- Website:
- https://www.sbr-sabine.com/
- Sector:
- Mining and quarrying
- Industry:
- Extraction of crude petroleum
Description
Sabine Royalty Trust is an express trust established to hold royalty and mineral interests in producing and proved undeveloped oil and gas properties. The Trust's assets, conveyed effective January 1, 1983, consist of non-participatory interests such as landowner’s royalties, overriding royalty interests, and production payments from properties located in Florida, Louisiana, Mississippi, New Mexico, Oklahoma, and Texas. The Trust's primary function is to collect royalty income generated from the production activities on these properties and distribute the net cash proceeds to the holders of its units of beneficial interest. It operates as a passive investment vehicle, allowing unitholders to gain exposure to oil and gas revenues without direct operational involvement or liabilities. Argent Trust Company serves as the trustee.
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Filings
| Date | Filing | Language | Size | Actions | |
|---|---|---|---|---|---|
| No filings match the current criteria. | |||||
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Market Data
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Financials & KPIs
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Insider Transactions
| Date | Insider Name | Position | Type | Shares | Value |
|---|---|---|---|---|---|
| No insider transactions recorded for this company. | |||||
