Sabine Royalty Trust

-9.23%

Sabine Royalty Trust (SBR) is a trust that holds net profits interests (NPI) in various oil, gas, and mineral properties in the United States. The primary products and services of the Sabine Royalty Trust company include:
1. Net Profits Interests (NPI): Sabine Royalty Trust holds NPIs in various oil, gas, and mineral properties. This means that the trust receives a percentage of the net profits generated from the production of these resources. These NPIs are the primary source of revenue for the company.
2. Oil and Gas Production Revenues: Sabine Royalty Trust receives a share of the revenue generated from the production of oil and gas on the properties it holds NPIs in. These revenues are distributed to unit holders on a monthly basis.
3. Royalty Payments: In addition to NPIs, Sabine Royalty Trust also holds overriding royalty interests in certain properties, which entitles the trust to a percentage of the gross proceeds from the sale of oil, gas, and other mineral products produced on those properties.
4. Holders’ Taxes and Administrative Expenses: Sabine Royalty Trust is responsible for paying the taxes and administrative expenses incurred in the operation of the trust. These expenses are deducted from the trust’s revenues before they are distributed to unit holders.
5. Financial Services: The trust also provides financial services to its unit holders, such as maintaining records of unit holders’ interests, issuing unit certificates, and collecting and distributing unit holder distributions.
6. Asset Management: Sabine Royalty Trust manages its portfolio of NPIs and royalty interests by monitoring production, evaluating potential acquisitions, and maximizing the value of its assets for unit holders.
7. Investor Relations: The company provides information and updates to its unit holders and potential investors through its investor relations department. This includes annual reports, earnings releases, and presentations on the company’s performance and operations.