Sabine Royalty Trust

Sabine Royalty Trust

SBR
Sabine Royalty TrustUS flagNew York Stock Exchange
74.71
USD
-0.77
- -
1.09BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
4.17
4.19
3.32
2.06
2.55
3.59
3.21
2.49
4.18
8.63
6.38
5.66
5.29
5.14
Basic EPS, GAAP
4.03
4.03
3.15
1.88
2.38
3.42
3.02
2.28
3.97
8.42
6.19
5.46
5.04
4.9
Free Cash Flow per Basic Share
- -
4.02
3.15
1.88
- -
- -
- -
- -
- -
- -
- -
- -
- -
1.43
Dividend per Share
- -
4.1
3.11
1.93
2.37
- -
- -
- -
- -
- -
- -
- -
- -
1.33
Book Value per Share
0.39
0.31
0.36
0.3
0.32
0.39
0.39
0.27
1.02
0.78
0.59
0.6
0.47
0.58
Tangible Book Value per Share
0.39
0.31
0.36
0.3
0.32
0.39
0.39
0.27
1.02
0.78
0.59
0.6
0.47
0.58
Basic Weighted Avg Shares
15
15
15
15
15
15
15
15
15
15
15
15
15
15
Sales/Revenue/Turnover
61
61
48
30
37
52
47
36
61
126
93
83
77
75
Operating Margin (%)
96.6
96.06
94.99
91.49
93.34
95.04
93.88
91.59
94.99
97.39
96.17
95.73
94.69
94.68
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Net Income, GAAP
59
59
46
27
35
50
44
33
58
123
90
80
73
71
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
96.61
96.07
95
91.52
93.45
95.31
94.24
91.67
94.99
97.57
97.03
96.46
95.3
95.24
Working Capital
5
4
5
4
4
5
5
4
15
11
8
9
7
8
LT Debt
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Total Equity
6
5
5
4
5
6
6
4
15
11
9
9
7
8
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
1,210.48
1,154.16
946.21
572.2
770.24
973.23
778.43
691.34
612.46
932.51
903.94
922.55
944.34
914.24

Capital Structure

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
15
15
15
Market Capitalization
1,000
1,098
1,067

Working Capital

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
8
8
10
Cash, Cash Equivalents & STI
- -
- -
- -
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
1
1
1
Payables & Accruals
1
1
1
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
18.86%
41.15%
-21.35%
Free Cash Flow
- -
- -
- -
Net Income, GAAP
13.36%
27.96%
-7.78%
Sales/Revenue/Turnover
12.39%
26.03%
-6.67%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
21
23
20
19
83
2025
19
19
26
14
77
2026
14
22
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.37
1.51
1.31
- -
5.46
2025
1.24
1.22
1.7
- -
5.04
2026
0.89
1.43
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.27
1.67
1.25
- -
- -
2025
1.19
1.38
- -
- -
- -
2026
- -
1.33
- -
- -
- -

Company Description

CEO
Nancy G. Willis
Sector
Energy
Industry
Oil & Gas Midstream
Address
3838 Oak Lawn Avenue Dallas TX United States of America 75219
IPO Date
Jan 3, 1983
Business
Sabine Royalty Trust (NYSE: SBR) is an express trust that holds royalty and mineral interests in producing and proved undeveloped oil and gas properties located primarily in Florida, Louisiana, Mississippi, New Mexico, Oklahoma, and Texas. The Trust's core assets consist of landowner's royalties, overriding royalty interests, minerals (excluding executive rights, bonuses, and delay rentals), production payments, and other similar non-participatory interests conveyed from Sabine Corporation, effective for production from January 1, 1983; these Royalty Properties represent the Trust's sole operating assets beyond cash reserves for expenses, liabilities, and distributions to unitholders. The Trust generates revenue through royalties on oil sales (approximately 54% of total) and natural gas sales (approximately 46%), with distributions tied directly to production volumes, commodity prices, and operator performance across a diversified base of multiple properties and operators. Established on December 31, 1982, by Sabine Corporation as trustor—with InterFirst Bank Dallas, N.A. as the original trustee—the Trust is headquartered in Dallas, Texas, at 3838 Oak Lawn Avenue, Suite 1720, and currently administered by Argent Trust Company as trustee. It operates passively as a pass-through vehicle in the oil and gas midstream sector, targeting income-seeking investors with minimal operating costs, no debt, and a static asset portfolio that prohibits additions to properties; unitholders bear direct tax responsibilities on distributed royalty income. Recent developments include sustained royalty income growth, with third-quarter 2025 income rising 29% year-over-year to reflect higher production and pricing, following a 30% increase in the second quarter of 2024; the Trust reported total 2024 royalty income of $94.3 million and first-quarter 2025 oil production growth of 22%. In March 2025, the Trust received a $400,000 settlement from TGNR East Texas II for unpaid royalties on Panola County, Texas wells, alongside ongoing monthly cash distributions—such as $0.503880 per unit in April 2025 and announcements through December 2025—supported by additional revenue postings. The stock achieved a 52-week high of $77.5 in September 2025, yielding a 37.9% annual return and maintaining a 9.1% dividend yield with 43 consecutive years of payments, amid favorable energy market conditions.

Company News

  • SABINE ROYALTY TRUST ANNOUNCES MONTHLY CASH DISTRIBUTION FOR SEPTEMBER 2026

  • SABINE ROYALTY TRUST ANNOUNCES MONTHLY CASH DISTRIBUTION FOR AUGUST 2026

  • SABINE ROYALTY TRUST ANNOUNCES MONTHLY CASH DISTRIBUTION FOR JULY 2026

  • SABINE ROYALTY TRUST ANNOUNCES MONTHLY CASH DISTRIBUTION FOR JUNE 2026

  • SABINE ROYALTY TRUST ANNOUNCES MONTHLY CASH DISTRIBUTION FOR MAY 2026

  • Sabine Royalty Trust Appears Slightly Overvalued

  • SABINE ROYALTY TRUST ANNOUNCES MONTHLY CASH DISTRIBUTION FOR APRIL 2026

  • SABINE ROYALTY TRUST ANNOUNCES MONTHLY CASH DISTRIBUTION FOR MARCH 2026

  • SABINE ROYALTY TRUST ANNOUNCES MONTHLY CASH DISTRIBUTION FOR FEBRUARY 2026

  • SABINE ROYALTY TRUST ANNOUNCES MONTHLY CASH DISTRIBUTION FOR JANUARY 2026

  • Analyzing Pioneer Oil & Gas (OTCMKTS:POGS) & Sabine Royalty Trust (NYSE:SBR)

  • SABINE ROYALTY TRUST ANNOUNCES MONTHLY CASH DISTRIBUTION FOR DECEMBER 2025

  • SABINE ROYALTY TRUST ANNOUNCES MONTHLY CASH DISTRIBUTION FOR NOVEMBER 2025

  • These 4 Monthly Dividend Stocks Pay 4x-10x The Blue-Chip Average

  • SABINE ROYALTY TRUST ANNOUNCES MONTHLY CASH DISTRIBUTION FOR OCTOBER 2025

  • SABINE ROYALTY TRUST ANNOUNCES MONTHLY CASH DISTRIBUTION FOR SEPTEMBER 2025

  • SABINE ROYALTY TRUST ANNOUNCES MONTHLY CASH DISTRIBUTION FOR AUGUST 2025

  • SABINE ROYALTY TRUST ANNOUNCES MONTHLY CASH DISTRIBUTION FOR JULY 2025

  • Sabine Royalty Trust: High-Yield Optionality For The Patient Commodity Investor

  • SABINE ROYALTY TRUST ANNOUNCES MONTHLY CASH DISTRIBUTION FOR JUNE 2025