Sabine Royalty Trust (SBR)
Sabine Royalty Trust operates in the Oil & Gas Exploration & Production industry of the Energy sector, headquartered in Dallas, TX, US. The stock last traded at $72.98, up 0.47% on the session, giving a market capitalisation of $1.06B. On trailing twelve-month figures it carries a trailing P/E of 14.92, a net margin of 95.2%. Its beta of 0.23 implies it has historically moved less than the broad market.
The Sabine Royalty Trust (SBR) possesses a diverse array of royalty and mineral interests derived from various active oil and gas properties situated throughout the United States. Its portfolio specifically includes a range of non-operating stakes, such as landowner's royalties, overriding royalty interests, mineral rights, and production payments. These assets are tied to both currently producing and prospectively developable oil and gas fields located across Florida, Louisiana, Mississippi, New Mexico, Oklahoma, and Texas. The Trust was established in 1982 and maintains its headquarters in Dallas, Texas.
Sabine Royalty Trust is most often compared with the following Energy names: