69.029999 USD
2.05
2.88%
Last update Dec 12, 3:59 PM EST
Pre-market
Day range
69.029999
71.69000
Previous close
71.080002
Open
71.69000
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Sabine Royalty Trust
69.03
2.05
2.88%

Overview

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Description

Sabine Royalty Trust is a prominent income-generating asset in the form of a trust. Its primary function is to distribute royalties to shareholders derived from its interests in producing and proven oil and gas deposits across various locations in the United States. This trust holds a diversified portfolio of oil and gas royalties largely situated in key energy-producing regions, including Texas, Louisiana, and Oklahoma. Sabine Royalty Trust focuses on maximizing income distribution from its revenue interests while maintaining a lean operating structure to foster efficiency. Operating within the energy sector, it provides investors with potential exposure to fluctuations in oil and gas prices, while its structure offers tax advantages associated with trust ownership. Its role in the financial market is significant, catering to those seeking regular income streams through its monthly distributions, and it serves as a reflective indicator of the broader energy market's health and pricing trends. Established to capitalize on the profitability of energy resources, Sabine Royalty Trust thus plays an essential part in the portfolio of income-focused investors.

About

CEO
Employees
0
Address
3838 Oak Lawn Ave
Suite 1720
Dallas, 75219, TX
United States
Phone
855 588 7839
Website
Instrument type
Trust
Sector
Energy
Industry
Oil & Gas Midstream
Country
United States
MIC code
XNYS
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Pre-market

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