Sabine Royalty Trust
(NYSE: SBR)
+0.21
+0.38%
| Exchange: | NYSE |
| Stock: | Sabine Royalty Trust |
| Industry: | Diversified Investments |
| Employees: | NA |
| Sabine Royalty Trust (the Trust) is an express trust. The trustee of the Trust is Bank of America, N.A. The Royalty Properties are the assets of the Trust. The basic function of the Trustee is to collect income from the Trust properties, to pay out of the Trust’s income and assets all expenses, charges and obligations, and to pay available income to Unit holders. The Royalty Properties constitute interests in gross production of oil, gas and other minerals. The Royalty Properties consist of royalty and mineral interests, including landowner’s royalties, overriding royalty interests, minerals, production payments and any other similar, non-participatory interest, in certain producing and proved undeveloped oil and gas properties. These properties are represented by approximately 5,400 tracts of land. Approximately 2,950 of the tracts are in Oklahoma, 1,750 in Texas, 330 in Louisiana, 200 in New Mexico, 150 in Mississippi and 12 in Florida. |
Copyright © 2013 Microsoft. All rights reserved.
Quotes are real-time for NASDAQ, NYSE and AMEX. See delay times for other exchanges.
Fundamental company data and historical chart data provided by Thomson Reuters (click for restrictions). Real-time quotes provided by BATS Exchange. Real-time index quotes and delayed quotes supplied by Interactive Data Real-Time Services. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations data provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by SIX Financial Information.
Japanese stock price data provided by Nomura Research Institute Ltd.; quotes delayed 20 minutes. Canadian fund data provided by CANNEX Financial Exchanges Ltd.
