 |
|
 |
 |

Home > Company Index > Financial Services > Royalty Trusts > Sabine Royalty Trust
 |
Sabine Royalty Trust |
 |
 |
 |
PROFILE |
 |
Sabine Royalty Trust owns royalty interests in oil and gas properties located on more than two million acres in Florida, Louisiana, Mississippi, New Mexico, Oklahoma, and Texas. The trust, which was formed in 1983, receives royalties based on the amount of oil and gas produced and sold and distributes them on a monthly basis to shareholders. Although royalty trusts distribute essentially all royalties received to shareholders (at substantial tax advantage), their profitability depends on the price of oil and gas and the continued productivity of the properties. Sabine Royalty Trust's properties have proved reserves of about 5.5 million barrels of oil and more than 38 billion cu. ft. of natural gas.
COMPETITION |
 |
Cross Timbers Royalty Trust (CRT)
Panhandle Royalty Company (PANRA)
Torch Energy Royalty Trust (TRU)
|
 |
STOCK ANALYSIS |
 |
FURTHER ANALYSIS
Advanced Charting
Deals
FINANCIAL OVERVIEW |
 |
Fiscal Year-End: December
2000 Sales (mil.): 34.60
1-Yr. Sales Growth: 49.8%
CONTACT INFO |
 |
Trust Division, Bank of America Plaza, 17th Fl.
Dallas, TX 75202
US
Phone: 214-209-2400
Fax: 214-209-2431
|
 |
 |
 |
|
Hoover's Company Capsule
Copyright © 2001, Hoover's Inc. Austin, Texas.
For changes and updates, contact Hoover's directly.
|

|
 |
 |
|
 |