Investor Spotlight: Sabine Royalty Trust (NYSE: SBR)

Earnings News

Sabine Royalty Trust (NYSE: SBR)  reported change of -0.76% to $45.65 with the recent traded volume of 3287 shares in most recent trading session compared to an average volume of 13.06K. The stock was up over last five days period with 0.44%. The one month performance of stock was -1.55%. SBR shares are at 0.11% for the quarter and driving a 17.96% return over the course of the past year and is now at 2.35% since this point in 2018.

The Company has earnings of $ 34.90M and made $6.60 sales for the last 12 months. Its quarter to quarter sales remained 2.90% and sales observed at -7.40% over past 5 years. The stock beta value is 0.15. SBR is 1.50% upward its 200-day moving average. On a similar note, the stock is -1.98% above its 50-day moving average. The average volatility for the week and month was at 2.22% 2.00% respectively. The company holds 14.48M shares outstanding and 13.93M shares are floated in market.”

Simmons Bank, as Trustee of the Sabine Royalty Trust (NYSE: SBR), declared a cash distribution to the holders of its units of beneficial interest of $0.239900 per unit, payable on August 29, 2018, to unit holders of record on August 15, 2018.  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 http://www.sbr-sabine.com/.

This distribution reflects primarily the oil production for May 2018 and the gas production for April 2018.  Preliminary production volumes are approximately 44,323 barrels of oil and 572,519 Mcf of gas.  Preliminary prices are approximately $60.75 per barrel of oil and $2.51 per Mcf of gas.

Thomas Lizotte is a self-taught investor and follows the value investing approach to picking stocks. He possesses over 10 years of investment experience, an M.B.A. from Louisiana State University, and is also certified in Risk Management Assurance. Thomas is a Certified Internal Auditor, Data Miner, and author with a career broadly spanning over multiple business areas. He has exploited those observations and developed investment tactics within a fundamentally sound long-term investment strategy. He currently covers Earnings News category for our site.

 

Email: Thomas@mosttradedstocks.com 

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