Sabine Royalty Trust is a US-listed company in the oil & gas exploration & production industry. Its financial year ends in December.
Who’s trading
What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.
- Funds56 adding, 45 cuttingOf 10 active managers that changed their stake, 5 added; quarter to June 30, 2026Fund buyers and sellers
The Fundamentalytics view
Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.
Latest results
- Earnings per share
- $0.67 against an average estimate of $0.71: missed by 5.5%
- Share reaction
- +2.8% in the first session after the results on October 5, 2026, against +1.2% for the S&P 500
- Next report
- November 6, 2026
Price chart
- 1 day-2.2%
- 1 week-5.3%
- 1 month-1.1%
- This year+6.6%
- 1 year+2.4%
- 5 years+150.8%
- S&P 500 this year+11.2%
Loading chart…
Third-party market data · may be delayed
At a glance
Earnings
- Last results
- October 5, 2026
News & updates
Company announcements, filed results and changes that matter to shareholders.
- ResultsSEC 8-KRead source ↗
- Results
Sabine Royalty Trust reported results
SEC 8-KRead source ↗ - Results
Sabine Royalty Trust reported results
SEC 8-KRead source ↗
No model value for Sabine Royalty Trust at the moment. Current status: limited reported history: available models are shown without a Buy/Hold/Sell rating. Available reported financials are shown below.
Valuation models
We value Sabine Royalty Trust as an oil and gas producer, with every model that fits that kind of business. Cost of equity 7.6%: the 10-year Treasury yield (4.9%) plus a beta of 0.59 times a 4.5% equity risk premium.
| Model | Value per share | In the combined value? |
|---|---|---|
| Proved-reserve net asset value The SEC standardised measure of the company's proved oil and gas reserves (future net cash flows after tax at SEC average prices, discounted at 10%) less debt and other claims, per share. | — | Does not apply: no twelve-month earnings or share count in the filings yet |
| Price-to-earnings vs peers Earnings per share times peers' typical (harmonic-mean) price-to-earnings. | — | Does not apply: no twelve-month earnings or share count in the filings yet |
| Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. | — | Does not apply: no twelve-month earnings or share count in the filings yet |
| Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. | — | Does not apply: no twelve-month earnings or share count in the filings yet |
| Combined value Weighted average of the models that apply: the primary model (proved-reserve net asset value) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. | — | No model applies: the filings don’t yet support a value. |
Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Sabine Royalty Trust with oil and gas producers in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.
Moat
Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: Low.
Forecasts and guidance
Next results: November 6, 2026, after the close.
Analysts' consensus
No analyst estimates are published for Sabine Royalty Trust: too few analysts cover it.
Earnings against estimates
| Quarter to | Estimate | Actual | Surprise |
|---|---|---|---|
| Sept 2009 | $0.71 | $0.67 | −5.5% |
Adjusted EPS as companies report it, against the average analyst estimate.
Positioning
- Short interest
- 0.1% of tradable shares
- Days to cover
- 0.41 at average volume
- Short interest, 1 month
- −35% to October 15, 2026
- Held by institutions
- 18% of shares
- Held by insiders
- 3.9% of shares
Share-price performance
Market data may be delayedReturn and risk by year
| Calendar year | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 to date |
|---|---|---|---|---|---|---|
| Return | ||||||
| SBR | +61% | +132% | −13% | +4% | +14% | +7% |
| Industry peers (median) | +88% | +54% | −8% | +1% | −15% | +18% |
| S&P 500 | +29% | −18% | +26% | +25% | +18% | +11% |
| Months that ended higher | ||||||
| SBR | 75% | 67% | 50% | 42% | 58% | 64% |
| S&P 500 | 75% | 42% | 67% | 75% | 75% | 46% |
| Largest fall from a high during the year | ||||||
| SBR | −15% | −35% | −34% | −15% | −18% | −10% |
| S&P 500 | −5% | −25% | −10% | −8% | −19% | −9% |
Worst fall since November 3, 2015: 51% from April 24, 2019 to March 23, 2020. Getting back needed a 103% gain, reached on October 8, 2021, 564 days after the low.
Price behaviour
- 52-week range
- $62.57 – $76.32
- From 52-week high
- −9.2%
- vs 50-day average
- −4.4%
- vs 200-day average
- −3.1%
- Volatility (1 year)
- 22%
- Beta vs S&P 500
- -0.18
Share price after results
- Next day
- 7 up, 5 down typical move ±2.9%
- After a week
- 7 up, 5 down typical move ±3.7%
- After a month
- 7 up, 4 down typical move ±5.1%
| Results released | Next day | S&P 500 next day | 5 days | 21 days |
|---|---|---|---|---|
| October 5, 2026 | +2.8% | +1.2% | +3.3% | — |
| September 4, 2026 | −1.3% | −0.9% | −2.2% | −3.7% |
| August 7, 2026 | +2.9% | +0.6% | +3.1% | +6.2% |
| July 2, 2026 | +0.2% | +0.7% | +0.2% | +0.9% |
| June 5, 2026 | −0.3% | −2.4% | −4.8% | −5.1% |
| May 5, 2026 | −3.2% | +2.2% | −1.2% | +1.0% |
| April 2, 2026 | +2.2% | +0.6% | +3.5% | +7.4% |
| March 6, 2026 | +2.4% | −0.4% | +2.9% | +4.8% |
| February 6, 2026 | +0.3% | +2.4% | +0.6% | +5.4% |
| January 5, 2026 | −4.6% | +1.3% | −3.7% | +1.4% |
| December 5, 2025 | −10.8% | −0.1% | −12.5% | −16.1% |
| November 7, 2025 | +3.3% | +1.7% | +6.1% | −4.6% |
Fundamentals
Who owns it
Funds buying and selling- Reported value
- $194M
- Institutions reporting
- 149
- Shares held vs prior quarter
- ▲ 0.8%
- Positions opened / closed
- 13 / 16
| Manager | Value | Shares | Share of 13F value | Shares QoQ |
|---|---|---|---|---|
| Americana Partners, LLC | $21.6M | 296K | 11.2% | ▲ 6.3% |
| Beacon Pointe Advisors, LLC | $18.5M | 252K | 9.5% | ▲ 13.7% |
| Prospera Financial Services Inc | $13.2M | 181K | 6.8% | ▲ 1.4% |
| King Luther Capital Management Corp | $10.5M | 144K | 5.4% | 0.0% |
| Horizon Kinetics Asset Management LLC | $8.2M | 112K | 4.2% | ▲ 0.6% |
| Two Sigma Investments, LP | $6.4M | 87K | 3.3% | ▲ 77.1% |
| Fayez Sarofim & Co | $6M | 81K | 3.1% | 0.0% |
| Ashton Thomas Private Wealth, LLC | $5.5M | 76K | 2.9% | ▼ 29.1% |
| Cwa Asset Management Group, LLC | $5.2M | 71K | 2.7% | New |
| Howard Financial Services, Ltd. | $5M | 68K | 2.6% | ▲ 0.2% |
| Morgan Stanley | $4.9M | 66K | 2.5% | ▼ 50.9% |
| Uniplan Investment Counsel, Inc. | $3.5M | 48K | 1.8% | ▲ 23.1% |
From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Sabine Royalty Trust's complete shareholder register. Values are as reported by the filers .
Insider trading activity
Full insider history and chartFrom insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.
Earnings dates and SEC filings
Results announcements
- October 5, 2026
- September 4, 2026
- August 7, 2026
- July 2, 2026
- June 5, 2026
- May 5, 2026
Recent SEC filings
- 8-K Current report
- 8-K Current report
- 10-Q Quarterly report
- 8-K Current report
- 8-K Current report
- 8-K Current report
- 10-Q Quarterly report
- 8-K Current report
Data status
| Data | Last updated | Source |
|---|---|---|
| Share price | Exchange closing prices | |
| News and updates | Company releases and SEC 8-K filings | |
| Analyst estimates | Aggregated analyst estimates | |
| Valuation and scores | Our models, from the filed figures |
Sabine Royalty Trust in brief
- What does Sabine Royalty Trust do?
- Sabine Royalty Trust is a US-listed company in the oil & gas exploration & production industry. Its financial year ends in December.
- What is Sabine Royalty Trust's stock ticker?
- Sabine Royalty Trust trades under the ticker SBR on NYSE. This page brings together its financial statements, valuation models, ownership and recent company updates.
- Who are Sabine Royalty Trust's largest institutional shareholders?
- By value reported in 13F filings for June 30, 2026, the largest reported holders are Americana Partners, LLC, Beacon Pointe Advisors, LLC and Prospera Financial Services Inc. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
- When is Sabine Royalty Trust's next earnings date?
- Around November 6, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Sabine Royalty Trust announces its own schedule.
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