SABINE ROYALTY TRUST

Sabine Royalty Trust is an express trust that holds royalty and mineral rights in oil and gas properties. The trust collects proceeds generated from landowner royalties, overriding royalty interests, minerals, and production payments derived from these energy assets. Because the entity operates passively without running extraction operations or employing staff, third-party operators conduct development and drilling activities on the underlying fields. The trust distributes the resulting net revenues to its unit holders on a monthly schedule.

The trust’s asset holdings consist of producing and proved undeveloped oil and gas properties situated across six states in the United States, specifically Florida, Louisiana, Mississippi, New Mexico, Oklahoma, and Texas. All administrative and operational management functions are overseen by its corporate trustee, Argent Trust Company. The principal executive offices of the trust are located in Dallas, Texas.

Summary of the business section of Sabine Royalty Trust's latest annual report, written by StockData.