SABINE ROYALTY TRUST (NYSE:SBR) Files An 8-K Results of Operations and Financial Condition
Item2.02.
|
Results of Operations and Financial Condition. |
On February3, 2017, the Registrant issued a press release
announcing its monthly cash distribution to unitholders of record
on February15, 2017. A copy of the press release is attached
hereto as Exhibit 99.1 and is incorporated herein by reference.
This Report on Form 8-K is being furnished to Item2.02, Results
of Operations and Financial Condition. The information furnished
is not deemed filed for purposes of Section18 of the Securities
Exchange Act of 1934, as amended, is not subject to the
liabilities of that section and is not deemed incorporated by
reference in any filing under the Securities Act of 1933, as
amended.
| Item9.01. | Financial Statements and Exhibits. |
| d. | Exhibits |
| 99.1 | Press Release dated February3, 2017. |
About SABINE ROYALTY TRUST (NYSE:SBR)
Sabine Royalty Trust (the Trust) is an express trust. The Royalty Properties are the assets of the Trust. The Royalty Properties constitutes interests in gross production of oil, gas and other minerals free of the costs of production. The Royalty Properties consist of royalty and mineral interests, including landowner’s royalties, overriding royalty interests, minerals (other than executive rights, bonuses and delay rentals), production payments and other similar, non-participatory interest, in certain producing and proved undeveloped oil and gas properties located in Florida, Louisiana, Mississippi, New Mexico, Oklahoma and Texas. These properties are represented by approximately 5,400 tracts of land. Approximately 2,950 of the tracts are in Oklahoma, over 1,750 in Texas, over 330 in Louisiana, over 200 in New Mexico, over 150 in Mississippi and over 10 in Florida. The trustee of the Trust is Southwest Bank. SABINE ROYALTY TRUST (NYSE:SBR) Recent Trading Information
SABINE ROYALTY TRUST (NYSE:SBR) closed its last trading session up +0.70 at 39.55 with 10,948 shares trading hands.
