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Sabine Royalty Trust

NYSE:SBR
Snowflake Description

Flawless balance sheet with acceptable track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
SBR
NYSE
$608M
Market Cap
  1. Home
  2. US
  3. Energy
Company description

Sabine Royalty Trust holds royalty and mineral interests in various oil and gas properties in the United States. The last earnings update was 77 days ago. More info.


Add to Portfolio Compare Print
  • Sabine Royalty Trust is a fund or ETF! Currently our data availability for these is poor, we only recommend using them as part of a portfolio.
SBR Share Price and Events
7 Day Returns
2.5%
NYSE:SBR
1.1%
US Oil and Gas
0.9%
US Market
1 Year Returns
-13.8%
NYSE:SBR
-17.6%
US Oil and Gas
-8%
US Market
SBR Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Sabine Royalty Trust (SBR) 2.5% 17.2% 9.3% -13.8% 55.2% -16%
US Oil and Gas 1.1% 0.1% -15.7% -17.6% 18.8% -27.8%
US Market 0.9% -0.3% -8.1% -8% 37.1% 32.9%
1 Year Return vs Industry and Market
  • SBR outperformed the Oil and Gas industry which returned -17.6% over the past year.
  • SBR underperformed the Market in United States of America which returned -8% over the past year.
Price Volatility
SBR
Industry
5yr Volatility vs Market

Value

 Is Sabine Royalty Trust undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Sabine Royalty Trust to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Sabine Royalty Trust.

NYSE:SBR Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Dividend Discount Model
Dividend Per Share Company Filings (2018-09-30) in USD $ 3.631800
Payout Ratio Company Filings (2018-09-30) 0%
Discount Rate (Cost of Equity) See below 10.7%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NYSE:SBR
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 7.3%
Oil and Gas Unlevered Beta Simply Wall St/ S&P Global 0.88
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.883 (1 + (1- 21%) (0%))
1.096
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.1
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.096 * 7.27%)
10.7%

Discounted Cash Flow Calculation for NYSE:SBR using Dividend Discount Model Model

The calculations below outline how an intrinsic value for Sabine Royalty Trust is arrived at by discounting future dividends to their present value. This approach is used for finance firms where free cash flow is difficult to estimate (e.g. Banks/ Insurance firms).

If the firm does not pay the majority of its earnings out as a dividend this method will often arrive at a value significantly lower than the share price.

See our documentation to learn about this calculation.

NYSE:SBR Gordon Growth Model
Calculation Result
Value per share = Expected dividends per share / (Discount Rate - Perpetual growth rate)
= $3.63 / (10.7% - 2.73%)
$45.58
NYSE:SBR Discount to Share Price
Calculation Result
Value per share (USD) From above. $45.58
Current discount Discount to share price of $41.91
= -1 x ($41.91 - $45.58) / $45.58
8%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Sabine Royalty Trust is available for.
Intrinsic value
8%
Share price is $41.91 vs Future cash flow value of $45.58
Current Discount Checks
For Sabine Royalty Trust to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Sabine Royalty Trust's share price is below the future cash flow value, but not at a moderate discount (< 20%).
  • Sabine Royalty Trust's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Sabine Royalty Trust's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Sabine Royalty Trust's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NYSE:SBR PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-09-30) in USD $2.90
NYSE:SBR Share Price ** NYSE (2019-01-18) in USD $41.91
United States of America Oil and Gas Industry PE Ratio Median Figure of 89 Publicly-Listed Oil and Gas Companies 12.01x
United States of America Market PE Ratio Median Figure of 3,018 Publicly-Listed Companies 16.76x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Sabine Royalty Trust.

NYSE:SBR PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:SBR Share Price ÷ EPS (both in USD)

= 41.91 ÷ 2.90

14.45x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Sabine Royalty Trust is overvalued based on earnings compared to the US Oil and Gas industry average.
  • Sabine Royalty Trust is good value based on earnings compared to the United States of America market.
Price based on expected Growth
Does Sabine Royalty Trust's expected growth come at a high price?
Raw Data
NYSE:SBR PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 14.45x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
United States of America Oil and Gas Industry PEG Ratio Median Figure of 64 Publicly-Listed Oil and Gas Companies 0.54x
United States of America Market PEG Ratio Median Figure of 2,101 Publicly-Listed Companies 1.22x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Sabine Royalty Trust, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Sabine Royalty Trust's assets?
Raw Data
NYSE:SBR PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-09-30) in USD $0.36
NYSE:SBR Share Price * NYSE (2019-01-18) in USD $41.91
United States of America Oil and Gas Industry PB Ratio Median Figure of 193 Publicly-Listed Oil and Gas Companies 1.1x
United States of America Market PB Ratio Median Figure of 5,086 Publicly-Listed Companies 1.72x
NYSE:SBR PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:SBR Share Price ÷ Book Value per Share (both in USD)

= 41.91 ÷ 0.36

116.24x

* Primary Listing of Sabine Royalty Trust.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Sabine Royalty Trust is overvalued based on assets compared to the US Oil and Gas industry average.
X
Value checks
We assess Sabine Royalty Trust's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Oil and Gas industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Oil and Gas industry average (and greater than 0)? (1 check)
  5. Sabine Royalty Trust has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Sabine Royalty Trust expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Sabine Royalty Trust has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
13.5%
Expected Oil and Gas industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Sabine Royalty Trust expected to grow at an attractive rate?
  • Unable to compare Sabine Royalty Trust's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Sabine Royalty Trust's earnings growth to the United States of America market average as no estimate data is available.
  • Unable to compare Sabine Royalty Trust's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
NYSE:SBR Future Growth Rates Data Sources
Data Point Source Value (per year)
United States of America Oil and Gas Industry Earnings Growth Rate Market Cap Weighted Average 13.5%
United States of America Oil and Gas Industry Revenue Growth Rate Market Cap Weighted Average 7.4%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.2%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NYSE:SBR Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NYSE:SBR Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-09-30 45 42
2018-06-30 42 39
2018-03-31 37 35
2017-12-31 37 35
2017-09-30 36 33
2017-06-30 36 33
2017-03-31 34 31
2016-12-31 30 27
2016-09-30 32 29
2016-06-30 36 34
2016-03-31 40 38
2015-12-31 48 46

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Sabine Royalty Trust is high growth as no earnings estimate data is available.
  • Unable to determine if Sabine Royalty Trust is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NYSE:SBR Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Sabine Royalty Trust Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:SBR Past Financials Data
Date (Data in USD Millions) EPS *
2018-09-30 2.90
2018-06-30 2.71
2018-03-31 2.39
2017-12-31 2.38
2017-09-30 2.27
2017-06-30 2.27
2017-03-31 2.13
2016-12-31 1.88
2016-09-30 2.02
2016-06-30 2.33
2016-03-31 2.58
2015-12-31 3.15

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Sabine Royalty Trust will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Sabine Royalty Trust's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. Sabine Royalty Trust's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Energy companies here
  3. Sabine Royalty Trust's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Sabine Royalty Trust's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Sabine Royalty Trust has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Sabine Royalty Trust performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Sabine Royalty Trust's growth in the last year to its industry (Oil and Gas).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Sabine Royalty Trust's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
  • Sabine Royalty Trust's 1-year earnings growth exceeds its 5-year average (27.6% vs -14%)
  • Sabine Royalty Trust's earnings growth has not exceeded the US Oil and Gas industry average in the past year (27.6% vs 118.6%).
Earnings and Revenue History
Sabine Royalty Trust's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Sabine Royalty Trust Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:SBR Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-09-30 44.86 42.30 2.21
2018-06-30 42.08 39.50 2.23
2018-03-31 37.49 34.85 2.28
2017-12-31 37.20 34.73 2.12
2017-09-30 35.69 33.15 2.13
2017-06-30 35.62 33.16 2.06
2017-03-31 33.55 31.11 2.03
2016-12-31 30.03 27.48 2.15
2016-09-30 31.95 29.49 2.09
2016-06-30 36.46 33.94 2.15
2016-03-31 40.25 37.57 2.31
2015-12-31 48.39 45.96 2.05
2015-09-30 51.30 48.86 1.98
2015-06-30 56.18 53.84 1.87
2015-03-31 62.43 60.09 1.88
2014-12-31 61.09 58.69 1.94
2014-09-30 62.92 60.60 1.98
2014-06-30 61.74 59.47 1.93
2014-03-31 59.06 56.88 1.83
2013-12-31 60.79 58.72 1.72
2013-09-30 58.59 56.43 1.82
2013-06-30 53.70 51.51 1.84
2013-03-31 54.95 52.68 1.93
2012-12-31 54.66 52.32 2.00
2012-09-30 56.17 53.86 2.00
2012-06-30 60.96 58.65 2.01
2012-03-31 62.22 60.04 1.88

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Sabine Royalty Trust made outstanding use of shareholders’ funds last year (Return on Equity greater than 40%).
  • Sabine Royalty Trust used its assets more efficiently than the US Oil and Gas industry average last year based on Return on Assets.
  • Sabine Royalty Trust's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Sabine Royalty Trust's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Oil and Gas industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Sabine Royalty Trust has a total score of 3/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Sabine Royalty Trust's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Sabine Royalty Trust's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Sabine Royalty Trust is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Sabine Royalty Trust's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Sabine Royalty Trust's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Sabine Royalty Trust has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Sabine Royalty Trust Company Filings, last reported 3 months ago.

NYSE:SBR Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-09-30 5.26 0.00 8.98
2018-06-30 5.37 0.00 7.29
2018-03-31 5.35 0.00 6.70
2017-12-31 4.59 0.00 5.09
2017-09-30 3.49 0.00 5.35
2017-06-30 3.65 0.00 4.47
2017-03-31 6.29 0.00 6.53
2016-12-31 4.42 0.00 4.96
2016-09-30 4.72 0.00 5.35
2016-06-30 3.29 0.00 4.57
2016-03-31 3.36 0.00 4.42
2015-12-31 5.18 0.00 5.80
2015-09-30 3.68 0.00 5.35
2015-06-30 3.36 0.00 4.20
2015-03-31 4.45 0.00 5.17
2014-12-31 4.54 0.00 6.49
2014-09-30 7.28 0.00 8.92
2014-06-30 4.23 0.00 4.46
2014-03-31 6.64 0.00 7.91
2013-12-31 5.63 0.00 6.55
2013-09-30 6.11 0.00 7.02
2013-06-30 4.82 0.00 4.81
2013-03-31 6.81 0.00 6.80
2012-12-31 4.07 0.00 4.80
2012-09-30 3.79 0.00 3.74
2012-06-30 5.87 0.00 6.04
2012-03-31 6.55 0.00 6.66
  • Sabine Royalty Trust has no debt.
  • Sabine Royalty Trust has not taken on any debt in the past 5 years.
  • Sabine Royalty Trust has no debt, it does not need to be covered by operating cash flow.
  • Sabine Royalty Trust has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess Sabine Royalty Trust's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Sabine Royalty Trust has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Sabine Royalty Trust's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
8.67%
Current annual income from Sabine Royalty Trust dividends.
If you bought $2,000 of Sabine Royalty Trust shares you are expected to receive $173 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Sabine Royalty Trust's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.5%).
  • Sabine Royalty Trust's dividend is above the markets top 25% of dividend payers in United States of America (3.75%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NYSE:SBR Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
United States of America Oil and Gas Industry Average Dividend Yield Market Cap Weighted Average of 60 Stocks 3.6%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 1986 Stocks 2.7%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.9%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.5%
United States of America Top 25% Dividend Yield 75th Percentile 3.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NYSE:SBR Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-01-04 3.632 8.855
2018-12-06 3.349 9.046
2018-11-05 3.148 8.352
2018-10-04 2.901 7.511
2018-09-07 2.778 6.626
2018-08-03 2.732 6.074
2018-07-06 2.709 5.924
2018-06-05 3.538 7.596
2018-05-04 2.507 5.232
2018-04-05 2.391 5.295
2018-03-05 2.454 5.756
2018-02-05 2.295 5.237
2018-01-05 2.724 5.731
2017-12-06 2.387 5.375
2017-11-03 1.886 4.376
2017-10-05 1.811 4.401
2017-09-06 2.602 6.483
2017-08-04 2.601 6.596
2017-07-07 1.935 4.954
2017-06-05 2.551 6.739
2017-05-04 2.016 5.346
2017-04-06 4.108 11.098
2017-03-03 1.649 4.662
2017-02-03 2.315 6.006
2017-01-06 2.560 6.778
2016-12-05 1.737 4.842
2016-11-03 1.404 3.914
2016-10-05 2.799 7.589
2016-09-06 2.596 7.018
2016-08-04 1.623 4.317
2016-07-07 1.615 4.495
2016-06-03 1.231 3.602
2016-05-05 1.972 5.839
2016-04-05 1.663 5.262
2016-03-04 1.653 5.291
2016-02-04 1.603 5.020
2016-01-05 3.312 11.890
2015-12-03 0.511 1.864
2015-11-04 3.298 10.340
2015-10-05 2.311 6.851
2015-09-03 4.234 13.559
2015-08-05 3.974 12.707
2015-07-02 2.191 6.191
2015-06-04 2.625 6.752
2015-05-05 2.751 6.928
2015-04-02 3.319 8.176
2015-03-04 5.330 13.139
2015-02-04 3.325 7.837
2015-01-05 3.394 8.778
2014-12-03 2.111 5.460
2014-11-05 4.247 8.471
2014-10-03 5.634 11.092
2014-09-04 4.580 8.342
2014-08-05 4.636 8.194
2014-07-03 3.044 5.234
2014-06-04 5.076 8.403
2014-05-05 4.777 8.667
2014-04-03 5.072 9.861
2014-03-05 2.386 4.808
2014-02-05 3.264 6.410
2014-01-03 4.347 8.651
2013-12-04 2.608 5.133
2013-11-05 4.357 8.470
2013-10-02 4.728 9.195
2013-09-05 3.729 7.248
2013-08-05 5.396 10.294
2013-07-03 3.658 7.126
2013-06-05 2.931 5.661
2013-05-03 4.224 8.005
2013-04-03 5.287 10.684
2013-03-05 3.053 6.594
2013-02-05 4.013 8.520
2013-01-04 3.014 6.603
2012-12-05 2.506 5.880
2012-11-05 3.906 8.392
2012-10-02 2.785 5.557
2012-09-06 2.974 5.661
2012-08-03 4.051 7.558
2012-07-05 4.484 8.377
2012-06-05 4.188 8.545
2012-05-03 3.098 5.961
2012-04-04 5.026 8.570
2012-03-05 3.371 5.474
2012-02-03 3.662 5.741
2012-01-05 4.361 7.007
2011-12-02 3.590 5.560
2011-11-03 2.742 4.163
2011-10-04 4.233 6.517
2011-09-02 4.702 7.537
2011-08-03 4.814 7.983
2011-07-05 4.911 7.499
2011-06-03 3.863 6.059
2011-05-04 4.140 6.355
2011-04-05 5.215 7.918
2011-03-03 2.412 3.921
2011-02-03 3.216 5.066
2011-01-05 3.756 6.123
2010-12-03 3.162 5.404
2010-11-03 3.837 6.623
2010-10-05 3.891 7.204
2010-09-02 3.406 6.500
2010-08-04 3.964 7.594
2010-07-02 4.342 8.427
2010-06-03 2.839 5.903
2010-05-05 3.866 7.940
2010-04-05 5.758 11.255
2010-03-03 2.185 4.700
2010-02-03 3.423 7.511
2010-01-05 3.782 8.754
2009-12-03 1.472 3.580
2009-11-04 2.348 5.630
2009-10-02 2.919 6.998
2009-09-03 2.841 7.107
2009-08-05 2.294 5.937
2009-07-06 3.482 8.544
2009-06-04 2.193 5.001
2009-05-05 2.514 6.242
2009-04-03 2.854 7.615
2009-03-05 2.545 7.644
2009-02-05 3.053 8.737
2009-01-20 4.986 11.663

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been stable in the past 10 years.
  • Dividends per share have fallen over the past 10 years.
Current Payout to shareholders
What portion of Sabine Royalty Trust's earnings are paid to the shareholders as a dividend.
  • Dividends paid are not well covered by earnings (1x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Sabine Royalty Trust's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Sabine Royalty Trust afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Sabine Royalty Trust has a total score of 3/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Sabine Royalty Trust's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
  • Sabine Royalty Trust has no CEO, or we have no data on them.
Management Team

Ron Hooper

TITLE
Senior VP of Royalty Trust Management & Trust Administrator - Bank of America NA
Board of Directors
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
X
Management checks
We assess Sabine Royalty Trust's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Sabine Royalty Trust has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

External News
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Simply Wall St News

Is Sabine Royalty Trust (NYSE:SBR) A Smart Choice For Dividend Investors?

Historically, Sabine Royalty Trust (NYSE:SBR) has been paying a dividend to shareholders. … Let's dig deeper into whether Sabine Royalty Trust should have a place in your portfolio. … Check out our latest analysis for Sabine Royalty Trust

Simply Wall St -

Sabine Royalty Trust (NYSE:SBR): Dividend Is Coming In 2 Days, Should You Buy?

On the 29 June 2018, Sabine Royalty Trust (NYSE:SBR) will be paying shareholders an upcoming dividend amount of $0.29 per share. … Is this future income a persuasive enough catalyst for investors to think about Sabine Royalty Trust as an investment today? … When assessing a stock as a potential addition to my dividend Portfolio, I look at these five areas:?

Simply Wall St -

Is Sabine Royalty Trust (NYSE:SBR) A Sell At Its Current PE Ratio?

Formula Price-Earnings Ratio = Price per share ÷ Earnings per share P/E Calculation for SBR Price per share = $49.15 Earnings per share = $2.391 ∴ Price-Earnings Ratio = $49.15 ÷ $2.391 = 20.6x On its own, the P/E ratio doesn’t tell you much; however, it becomes extremely useful when you compare it with other similar companies. … For example, if you accidentally compared lower growth firms with SBR, then SBR’s P/E would naturally be higher since investors would reward SBR’s higher growth with a higher price. … Alternatively, if you inadvertently compared riskier firms with SBR, SBR’s P/E would again be higher since investors would reward SBR’s lower risk with a higher price as well.

Simply Wall St -

Sabine Royalty Trust (NYSE:SBR): Dividend Is Coming In 2 Days, Should You Buy?

Sabine Royalty Trust (NYSE:SBR) will be distributing its dividend of $0.28 per share on the 30 April 2018, and will start trading ex-dividend in 2 days time on the 13 April 2018. … View our latest analysis for Sabine Royalty Trust 5 questions I ask before picking a dividend stock If you are a dividend investor, you should always assess these five key metrics: Does it pay an annual yield higher than 75% of dividend payers? … NYSE:SBR Historical Dividend Yield Apr 10th 18 Does Sabine Royalty Trust pass our checks?

Simply Wall St -

Sabine Royalty Trust (NYSE:SBR): How Does It Impact Your Portfolio?

Sabine Royalty Trust's beta of 0.25 indicates that the stock value will be less variable compared to the whole stock market. … SBR’s beta indicates it is a stock that investors may find valuable if they want to reduce the overall market risk exposure of their stock portfolio. … This is an interesting conclusion, since both SBR’s size and industry indicates the stock should have a higher beta than it currently has.

Simply Wall St -

Is Sabine Royalty Trust (NYSE:SBR) A Good Pick For Income Investors?

In the past 10 years Sabine Royalty Trust (NYSE:SBR) has returned an average of 7.00% per year to investors in the form of dividend payouts. … See our latest analysis for Sabine Royalty Trust 5 checks you should use to assess a dividend stock Whenever I am looking at a potential dividend stock investment, I always check these five metrics: Does it pay an annual yield higher than 75% of dividend payers? … NYSE:SBR Historical Dividend Yield Jan 20th 18 Does Sabine Royalty Trust pass our checks?

Simply Wall St -

Is Sabine Royalty Trust's (NYSE:SBR) PE Ratio A Signal To Sell For Investors?

It compares a stock’s price per share to the stock’s earnings per share. … Formula Price-Earnings Ratio = Price per share ÷ Earnings per share P/E Calculation for SBR Price per share = $48.15 Earnings per share = $2.274 ∴ Price-Earnings Ratio = $48.15 ÷ $2.274 = 21.2x On its own, the P/E ratio doesn’t tell you much; however, it becomes extremely useful when you compare it with other similar companies. … Ideally, we want to compare the stock’s P/E ratio to the average of companies that have similar characteristics as SBR, such as size and country of operation.

Simply Wall St -

Did Sabine Royalty Trust's (NYSE:SBR) Recent Earnings Growth Beat The Trend?

In this commentary, I will examine Sabine Royalty Trust's (NYSE:SBR) latest earnings update (30 September 2017) and compare these figures against its performance over the past couple of years, as well as how the rest of the oil and gas industry performed. … For Sabine Royalty Trust, its latest earnings (trailing twelve month) is $33.2M, which, against last year’s level, has moved up by 12.41%. … Although revenue growth over the last couple of years, has been negative, earnings growth has been falling by even more, implying that Sabine Royalty Trust has been increasing its expenses.

Simply Wall St -

What Can We Expect for Sabine Royalty Trust (NYSE:SBR) Moving Forward?

Below, I will examine the sector growth prospects, as well as evaluate whether Sabine Royalty Trust is lagging or leading its competitors in the industry. … View our latest analysis for Sabine Royalty Trust What’s the catalyst for Sabine Royalty Trust's sector growth? … This may indicate it is the right time to sell out of the stock, if your initial investment thesis is around the growth prospects of Sabine Royalty Trust, since there are other oil and gas companies that have delivered higher growth, and are possibly trading at a cheaper price as well.

Simply Wall St -

Does Zero-Debt Make Sabine Royalty Trust (SBR) A Financially Strong Company?

Sabine Royalty Trust (NYSE:SBR), which has zero-debt on its balance sheet, can maximize capital returns by increasing debt due to its lower cost of capital. … While SBR has no debt on its balance sheet, it doesn’t necessarily mean it exhibits financial strength. … Since Sabine Royalty Trust doesn’t have any debt on its balance sheet, it doesn’t have any solvency issues, which is a term used to describe the company’s ability to meet its long-term obligations.

Simply Wall St -

Company Info

Map
Description

Sabine Royalty Trust holds royalty and mineral interests in various oil and gas properties in the United States. Its royalty and mineral interests include landowner’s royalties, overriding royalty interests, minerals, production payments, and other similar non-participatory interest in certain producing and proved undeveloped oil and gas properties located in Florida, Louisiana, Mississippi, New Mexico, Oklahoma, and Texas. The company was founded in 1982 and is based in Dallas, Texas.

Details
Name: Sabine Royalty Trust
SBR
Exchange: NYSE
Founded: 1982
$608,104,479
14,579,345
Website: http://www.sbr-sabine.com
Address: Sabine Royalty Trust
2911 Turtle Creek Boulevard,
Suite 850,
Dallas,
Texas, 75219,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE SBR Beneficial Interest Units New York Stock Exchange US USD 17. Dec 1982
Number of employees
Current staff
Staff numbers
0
Sabine Royalty Trust employees.
Industry
Oil and Gas Exploration and Production
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/01/18 23:43
End of day share price update: 2019/01/18 00:00
Last earnings filing: 2018/11/02
Last earnings reported: 2018/09/30
Last annual earnings reported: 2017/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.