Profile
Sector:
EnergyIndustry:
Oil & Gas MidstreamCountry:
United StatesIPO:
03 January 1983Website:
http://www.sbr-sabine.comNext earnings report:
02 August 2024Last dividends:
17 June 2024Next dividends:
N/APrice
regular market | Tue, 02 Jul 2024 20:00:01 GMTAnalysts recommendations
Institutional Ownership
SBR Latest News
Sabine Royalty Trust, an oil and gas trust, is a risky investment due to the energy industry's transition from fossil fuels to clean energy sources. The trust's stock has declined 17% since recommendations to sell were made due to its high cyclicality and the energy sector passing its peak cycle. Despite the recent decline of its stock price, the oil and gas trust remains risky from a long-term point of view.
What type of business is Sabine Royalty Trust?
Sabine Royalty Trust holds royalty and mineral interests in various producing oil and gas properties in the United States. The company's royalty and mineral interests include landowner's royalties, overriding royalty interests, minerals, production payments, and other similar non-participatory interest in certain producing and proved undeveloped oil and gas properties located in Florida, Louisiana, Mississippi, New Mexico, Oklahoma, and Texas. Sabine Royalty Trust was founded in 1982 and is based in Dallas, Texas.
What sector is Sabine Royalty Trust in?
Sabine Royalty Trust is in the Energy sector
What industry is Sabine Royalty Trust in?
Sabine Royalty Trust is in the Oil & Gas Midstream industry
What country is Sabine Royalty Trust from?
Sabine Royalty Trust is headquartered in United States
When did Sabine Royalty Trust go public?
Sabine Royalty Trust initial public offering (IPO) was on 03 January 1983
What is Sabine Royalty Trust website?
https://www.sbr-sabine.com
Is Sabine Royalty Trust in the S&P 500?
No, Sabine Royalty Trust is not included in the S&P 500 index
Is Sabine Royalty Trust in the NASDAQ 100?
No, Sabine Royalty Trust is not included in the NASDAQ 100 index
Is Sabine Royalty Trust in the Dow Jones?
No, Sabine Royalty Trust is not included in the Dow Jones index
When does Sabine Royalty Trust report earnings?
The next expected earnings date for Sabine Royalty Trust is 02 August 2024