Sabine Royalty Trust

SBR Energy Oil & Gas Midstream

Sabine Royalty Trust’s revenue for fiscal 2025 (year ended December 2025) was $77.5 million, down 6.78% from fiscal 2024.

Revenue
+16.5%
EPS
+17.2%

Quarter to June 2026, against a year earlier

66.12 0.26 +0.39%
Market cap
$960.2M
P/E
13.6×
Fwd P/E
12.4×
Dividend yield
6.77%
F-score
n/a
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Insider Decisions last twelve months

Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 3.70%

Capital & Financial Ratios $m

Size
Market Cap 960.20
Revenue ttm 75.39
Net income ttm 0.00
Free cash flow ttm 0.00
Net debt Q (9.68)
Valuation
P/E 13.58
Forward P/E 12.40
Price / sales 12.86 (above 10: high)
Forward P/S Powerpack
Price / FCF 0.00
Price / book 0.00
Financial health
Current ratio Q 7.25 (at or above 1.5: strong)
Debt / equity Q 0.00 (at or below 0.5: strong)
Interest coverage Q —
Growth
Revenue growth Q +16.53% (above 0%: growing)
Operating income growth Q +17.20% (above 0%: growing)
EPS, this year −11.70% (below 0%: weak)
EPS, next year A —
Revenue, next year A −22.38% (below 0%: weak)
EPS, past 5 yrs +17.19% (at or above 15%: strong)
EPS, next 5 yrs A —

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

P/E against its own 10 years 57.54%
10-year low 10-year high
P/S against its own 10 years 57.54%
10-year low 10-year high
EV/Sales against its own 10 years 57.79%
10-year low 10-year high

Dividends

Yield
6.77%
Annual rate
4.51
Payout ratio
92.0%
Growth, 2018–26
+2.09%/yr
  1. 3.35 ’18
  2. 3.02 ’19 −10
  3. 2.42 ’20 −20
  4. 3.22 ’21 +33
  5. 8.65 ’22 +169
  6. 6.71 ’23 −23
  7. 5.45 ’24 −19
  8. 5.16 ’25 −5
  9. 3.95 ’26 −23
paid change on the year, %

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 9 9 8 10
Receivables — — — —
Inventory — — — —
Other — — — —
9 9 8 10
2023 2024 2025 Q'26
Payables — — — —
ST’ Debt — — — —
Other — — — —
1 1 1 1

Compound Annual Growth %

10y 5y 3y
Sales 4.83% 16.35% (14.94%)
Cash Flow — — —
Earnings 4.80% 17.13% (15.72%)
Book Value 2.83% 11.42% (15.65%)

EPS $

Mar Jun Sep Dec Year
’26 0.89 1.43 — — —
’25 1.24 1.22 1.70 0.88 5.04
’24 1.37 1.51 1.31 1.27 5.46
’23 1.80 1.15 0.94 2.30 6.19
’22 1.58 1.87 2.68 2.29 8.42
’21 0.61 0.83 0.94 1.57 3.97
’20 0.71 0.64 0.51 0.42 2.28
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 14 22 — — —
’25 20 19 26 14 78
’24 21 23 20 20 83
’23 27 18 14 34 94
’22 24 28 40 34 126
’21 10 13 14 24 61
’20 11 10 8 7 36
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Year
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Year
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Jun ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue 30 37 53 47 36 61 126 94 83 78 75 +11.1% — — — —
Gross margin, % 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 0.0 pt
EBT 27 35 50 44 33 58 123 90 80 73 71 +11.5%
EBT margin, % 91.49 93.35 95.05 93.91 91.59 94.99 97.39 96.20 95.76 94.72 94.71 +3.2 pt
Net income — — — — — — — — — — 0 —
Per share, $
Per share, $ Revenue 2.06 2.55 3.60 3.22 2.49 4.18 8.64 6.44 5.70 5.32 5.17 +11.1%
Earnings 1.88 2.38 3.42 3.02 2.28 3.97 8.42 6.19 5.46 5.04 4.90 +11.6%
Cash flow 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 n/m
Capex 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 n/m
Free cash flow 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 n/m
Book value 0.30 0.32 0.39 0.39 0.27 1.02 0.78 0.59 0.60 0.47 0.58 +5.0%
Shares, m 15 15 15 15 15 15 15 15 15 15 15 0.0%
Valuation, ×
Valuation, × P/E 19.26 18.77 10.90 13.34 12.38 10.54 9.38 10.99 11.87 13.61 13.58 13.1
P/S 17.57 17.58 10.42 12.53 11.31 9.98 9.14 10.57 11.36 12.89 12.86 12.3
P/B 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.0
EV/Sales 17.41 17.45 10.24 12.39 11.18 9.71 9.01 10.47 11.25 12.80 12.74 12.2
EV/FCF 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.0
Cash, $m
Cash, $m Operating cash flow — — — — — — — — — — 0 —
Capex — — — — — — — — — — 0 —
Free cash flow — — — — — — — — — — 0 —
Balance, $m
Balance, $m Working capital 4 4 5 5 4 15 11 8 9 7 8 +5.6%
Net debt (5) (5) (9) (7) (5) (16) (16) (9) (9) (8) (10) +4.8%
Shareholders’ equity 4 5 6 6 4 15 11 9 9 7 8 +5.0%
Returns, %
Returns, % ROA 484.25 657.46 674.97 537.80 561.41 543.95 752.67 701.78 852.33 869.45 806.27 +385.2 pt
ROIC 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.0 pt
ROE 609.38 770.24 973.22 778.43 691.34 612.31 932.34 0.00 0.00 0.00 0.00 (609.4) pt
People
People Employees — — — — — — — — — — — —
Revenue/emp, $m 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 — n/m
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Sabine Royalty Trust vs peers in Oil & Gas Midstream (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
GLP Global Partners LP $1.4B 8.5× 7.9× +46.79% (above 0%: growing) +240.00% (above 0%: growing) +36.41% (above 0%: growing) 4.84% 1.58% Compare
FLNG Flex LNG Ltd. $1.4B 13.7× 12.1× +24.21% (above 0%: growing) +151.52% (above 0%: growing) +185.57% (above 0%: growing) 76.00% 55.68% Compare
NAT Nordic American Tankers Limited $1.4B 11.2× 10.1× +133.96% (above 0%: growing) n/m +197.49% (above 0%: growing) 83.25% 82.06% Compare
PBT Permian Basin Royalty Trust $1.3B 81.6× 21.9× +34.59% (above 0%: growing) +60.00% (above 0%: growing) — 100.00% 92.68% Compare
TEN Tsakos Energy Navigation Ltd $1.3B 4.5× 3.9× +54.37% (above 0%: growing) +556.72% (above 0%: growing) +185.92% (above 0%: growing) 62.31% 54.53% Compare
NVGS Navigator Holdings Ltd. $1.2B 6.6× 6.9× +1.27% (above 0%: growing) +160.38% (above 0%: growing) +285.64% (above 0%: growing) 49.79% 23.29% Compare
TK Teekay Corporation Ltd. $1.1B 8.7× 41.1× −24.36% (below 0%: shrinking) −23.68% (below 0%: shrinking) +211.73% (above 0%: growing) 31.43% 27.41% Compare
SBR Sabine Royalty Trust $960.2M 13.6× 12.4× +16.53% (above 0%: growing) +17.21% (above 0%: growing) — 100.00% 95.66%
WHK WhiteHawk Minerals Corp. $730.7M — (loss-making) — (loss-making) — n/m — 100.00% (4.61%) Compare
Median of peers $1.3B 8.7× 10.1× +34.59% +155.95% +191.71% 69.16% 40.97%

All 57 Oil & Gas Midstream stocks →

Sabine Royalty Trust (SBR) Latest News

12 Dec

Impact 4 · · Insider MonkeySimply Wall St.

7 Nov

Impact 3 · · Associated Press FinanceAssociated Press FinanceAssociated Press FinanceMT NewswiresAssociated Press FinanceAssociated Press FinanceAssociated Press Finance

5 Oct

Impact 3 · · Insider MonkeySimply Wall St.Insider MonkeyInsider MonkeyMT NewswiresInsider MonkeyInsider MonkeyMT Newswires

9 May

12 Nov

Impact 3 · · Associated Press Finance

11 Jul

Impact 4 · · InvestorPlace

9 Apr

12 Jan

Impact 4 · · GuruFocus.com

8 Oct

Impact 4 · · Insider Monkey
stockrow.com/SBR · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com