SABINE ROYALTY TRUST
Business
SABINE ROYALTY TRUST is an express trust that owns nonparticipatory royalty and mineral interests in producing and proved undeveloped oil and gas properties. It collects production and interest income from those Royalty Properties, administers escrow arrangements and tax reporting, and distributes available income monthly to Unit holders. The Trust’s sole assets are the Royalty Properties and its administrative functions are performed by a Trustee, with certain title-holding and escrow formalities in specific states. The Royalty Properties underlie lands in Florida, Louisiana, Mississippi, New Mexico, Oklahoma and Texas, and the Trust’s Units trade on the New York Stock Exchange and are held directly or through intermediaries.
Summary from filing dated 2025-02-27