SABINE ROYALTY TRUST — Form 10-Q
Filed August 7, 2026 · analyzed by the Periodic Agent
10-Q
▼ Likely negative
significance 28/100
What the filing says
For the six months ended June 30, 2026, distributable income was $33.9M ($2.32/unit), down 5.7% from $35.9M ($2.46/unit) in H1 2025, driven by lower oil and gas production (7.8M decline) and a one-time 2025 receipt (0.7M), partly offset by higher commodity prices (+6.0M). Distributions per unit decreased to $2.22 in H1 2026 from $2.57 in H1 2025. Q2 2026 royalty income rose 17% YoY to $21.7M due to higher prices and production. Total assets were $9.7M at June 30, 2026 vs. $7.6M at December 31, 2025; 14,579,345 units outstanding.
Why this rating
Minor production declines and lower distributional payouts in passive income trust; commodity-driven business with no material structural change.
See more from August 7, 2026.
EDGAR·FLOW summarizes public SEC EDGAR filings with automated analysis. Materiality scores and stock-impact predictions are algorithmically generated and are not investment advice. Always verify against the source filing on SEC.gov.