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home / news releases / SBR - Sabine Royalty Trust Is Downgraded To Sell Because Of Lower Energy Prices

SBR - Sabine Royalty Trust Is Downgraded To Sell Because Of Lower Energy Prices

Sabine Royalty Trust

2024-02-14 16:59:21 ET

Summary

  • The latest monthly distribution is $0.419460 per unit.
  • Oil and natural gas prices have dropped sharply since my September article, but SBR's price has only dropped a modest amount.
  • My updated monthly distribution is estimated to average $0.33 per unit starting later this year.
  • The trust continues to have accounting issues in their monthly news releases.

For further details see:

Sabine Royalty Trust Is Downgraded To Sell Because Of Lower Energy Prices
Stock Information
Company Name: Sabine Royalty Trust
Stock Symbol: SBR
Market: NYSE
Website: sbr-sabine.com
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