Sabine Royalty Trust

Sabine Royalty Trust holds royalty and mineral interests in various producing oil and gas properties in the United States. These interests include landowner's royalties, overriding royalty interests, minerals, production payments, and similar non-participatory interests. The trust does not engage in exploration, drilling, or operations; instead, it collects income from these interests and distributes it to unitholders. Its properties are located in Florida, Louisiana, Mississippi, New Mexico, Oklahoma, and Texas. The trust was incorporated in 1982 and is based in Dallas, Texas.

Sabine Royalty Trust is listed on the New York Stock Exchange (NYSE) under the ticker symbol SBR. Its financials and distributions are denominated in US Dollars (USD), reflecting its operations and investor base in the United States.

Sabine Royalty Trust operates in the Energy sector, specifically within the Oil & Gas Midstream industry. However, unlike typical midstream companies that own pipelines or storage facilities, the trust holds non-operating royalty and mineral interests. This means it receives a share of production revenue from oil and gas properties without bearing the costs of drilling or operations.

Sabine Royalty Trust is headquartered in Dallas, Texas, United States. Its royalty and mineral interests are spread across six states: Florida, Louisiana, Mississippi, New Mexico, Oklahoma, and Texas. These properties include both producing and proved undeveloped oil and gas reserves, giving the trust exposure to major US onshore basins.

Sabine Royalty Trust generates revenue by holding non-participatory interests in oil and gas properties. Specifically, it owns landowner's royalties, overriding royalty interests, minerals, and production payments. The trust does not operate wells or incur exploration costs; instead, it receives a percentage of the revenue from the sale of oil and gas produced on the properties. This income is then distributed to unitholders after deducting trust expenses. The trust's portfolio includes both producing and proved undeveloped properties across six states.