Notable News Spotlight: Sabine Royalty Trust (NYSE:SBR)

Sabine Royalty Trust (NYSE:SBR) changed 0.55% to recent value of $43.64. The stock transacted 9067 shares during most recent day however it has an average volume of 19.11K shares. It spotted trading -17.01% off 52-week high price. On the other end, the stock has been noted 44.17% away from the low price over the last 52-weeks.

On Sept. 06, 2019, Simmons Bank, as Trustee of the Sabine Royalty Trust (NYSE:SBR)  released a cash distribution to the holders of its units of beneficial interest of $0.241250 per unit, payable on September 30, 2019, to unit holders of record on September 16, 2019.  Sabine’s cash distribution history, current and prior year financial reports and tax information booklets, a link to filings made with the Securities and Exchange Commission and more can be found on its website at

This distribution reflects primarily the oil production for June 2019 and the gas production for May 2019.  Preliminary production volumes are approximately 60,753 barrels of oil and 737,353 Mcf of gas.  Preliminary prices are approximately $53.59 per barrel of oil and $1.33 per Mcf of gas.

 an operating margin of 95.10% while its profit margin remained 95.10% for the last 12 months. Its earnings per share (EPS) expected to touch remained 43.80% for this year.

 The company has 14.79M of outstanding shares and 13.93M shares were floated in the market.  The price moved ahead of 2.30% from the mean of 20 days, -3.06% from mean of 50 days SMA and performed -1.57% from mean of 200 days price. Company’s performance for the week was 1.46%, -1.20% for month and YTD performance remained 17.06%.

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