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. In the quarter to June 2026, revenue grew 16.5% and EPS grew 17.2%, each against the same quarter a year earlier.

72.48 0.54 +0.75%
Market cap
$1.1B
P/E
14.8×
Fwd P/E
12.4×
Dividend yield
6.22%
F-score
n/a
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Insider Decisions trades per month

Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 3.70%

Capital & Financial Ratios $m

Market Cap 1,050.00
Revenue 75.39
Net Income 0.00
Free Cash Flow 0.00
Net Debt (9.68)
Current Ratio 7.25 (at or above 1.5: strong)
Debt/Equity 0.00 (at or below 0.5: strong)
P/E ratio 14.79
Fwd P/E 12.40
P/S ratio 14.02 (above 10: high)
P/B ratio 0.00
Past 5Y EPS Growth 17.19% (at or above 15%: strong)
This Y EPS Growth (11.70%) (below 0%: weak)
Next Y EPS Growth —
Next Y revenue growth (22.38%) (below 0%: weak)
Next 5Y EPS Growth —

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/E against its own 10 years 66.57%
10-year low 10-year high
P/S against its own 10 years 67.42%
10-year low 10-year high
EV/Sales against its own 10 years 67.67%
10-year low 10-year high

Dividends

Payout Ratio 0.92
Annual Dividend Rate 4.51
Annual Dividend Yield 6.22%
total individual payouts
2026 3.95
0.32
0.28
0.29
0.33
0.50
0.50
0.43
0.62
0.33
0.36
2025 5.16
0.45
0.44
0.30
0.50
0.45
0.43
0.35
0.74
0.58
0.37
0.36
0.20
2024 5.45
0.44
0.42
0.41
0.54
0.60
0.54
0.38
0.45
0.42
0.44
0.51
0.31
2023 6.71
0.63
0.64
0.47
0.70
0.50
0.33
0.32
0.32
0.30
0.36
0.28
0.72
1.14
2022 8.65
0.88
0.37
0.47
0.73
0.60
0.72
0.55
0.83
0.84
1.02
0.58
1.07
2021 3.22
0.17
0.16
0.21
0.24
0.25
0.29
0.28
0.32
0.27
0.34
0.38
0.31
2020 2.42
0.30
0.22
0.24
0.26
0.15
0.16
0.33
0.10
0.20
0.20
0.12
0.03
0.12
2019 3.02
0.30
0.25
0.28
0.35
0.15
0.36
0.18
0.23
0.24
0.24
0.32
0.12
2018 3.35
0.23
0.19
0.21
0.28
0.28
0.29
0.28
0.24
0.26
0.27
0.40
0.40
2017 2.71
0.21
0.19
0.14
0.34
0.34
0.17
0.21
0.16
0.22
0.22
0.15
0.16
0.20
2016 1.93
0.28
0.13
0.14
0.14
0.16
0.10
0.13
0.14
0.22
0.23
0.12
0.14
special payouts not included in total or ratios

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%)

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.

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.

Target Price Range

Analyst price targets

Recommendation Rating

1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low 22.75 33.50 30.27 37.46 23.02 28.25 41.30 55.60 57.73 58.25

Analyst estimates 2026–2028

Powerpack
High 40.99 46.90 50.00 52.59 42.98 45.52 90.73 91.10 70.24 84.39
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
Income, $m
Income, $m Revenue 30 37 53 47 36 61 126 94 83 78
Gross margin, % 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00
EBT 27 35 50 44 33 58 123 90 80 73
EBT margin, % 91.49 93.35 95.05 93.91 91.59 94.99 97.39 96.20 95.76 94.72
Net income — — — — — — — — — —
Depreciation — — — — — — — — — —
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
Earnings 1.88 2.38 3.42 3.02 2.28 3.97 8.42 6.19 5.46 5.04
Cash flow 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Capex 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Free cash flow 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Book value 0.30 0.32 0.39 0.39 0.27 1.02 0.78 0.59 0.60 0.47
Shares, m 15 15 15 15 15 15 15 15 15 15
Valuation, ×
Valuation, × P/E 19.26 18.77 10.90 13.34 12.38 10.54 9.38 10.99 11.87 13.61
P/S 17.57 17.58 10.42 12.53 11.31 9.98 9.14 10.57 11.36 12.89
P/B 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
EV/Sales 17.41 17.45 10.24 12.39 11.18 9.71 9.01 10.47 11.25 12.80
EV/FCF 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Cash, $m
Cash, $m Operating cash flow — — — — — — — — — —
Capex — — — — — — — — — —
Free cash flow — — — — — — — — — —
Balance, $m
Balance, $m Working capital 4 4 5 5 4 15 11 8 9 7
Total debt — — — — — — — — — —
Net debt (5) (5) (9) (7) (5) (16) (16) (9) (9) (8)
Shareholders’ equity 4 5 6 6 4 15 11 9 9 7
Returns, %
Returns, % ROA 484.25 657.46 674.97 537.80 561.41 543.95 752.67 701.78 852.33 869.45
ROIC 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
ROE 609.38 770.24 973.22 778.43 691.34 612.31 932.34 0.00 0.00 0.00
Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

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
GEL Genesis Energy, L.P. $1.7B 74.9× 261× +40.98% (above 0%: growing) n/m +2,417.50% (above 0%: growing) 32.06% 19.82% Compare
GLP Global Partners LP $1.7B 10.1× 10.4× +46.79% (above 0%: growing) +240.00% (above 0%: growing) +36.41% (above 0%: growing) 4.84% 1.58% Compare
NAT Nordic American Tankers Limited $1.7B 13.0× 8.6× +133.96% (above 0%: growing) n/m +197.49% (above 0%: growing) 83.25% 82.06% Compare
PBT Permian Basin Royalty Trust $1.6B 94.7× 21.9× +34.59% (above 0%: growing) +60.00% (above 0%: growing) — 100.00% 92.68% Compare
FLNG Flex LNG Ltd. $1.5B 14.8× 14.3× +24.21% (above 0%: growing) +151.52% (above 0%: growing) +185.57% (above 0%: growing) 76.00% 55.68% Compare
TEN Tsakos Energy Navigation Ltd $1.5B 5.2× 8.0× +54.37% (above 0%: growing) +556.72% (above 0%: growing) +185.92% (above 0%: growing) 62.31% 54.53% Compare
NVGS Navigator Holdings Ltd. $1.3B 9.7× 7.8× +29.55% (above 0%: growing) +177.42% (above 0%: growing) +9.98% (above 0%: growing) 55.10% 28.48% Compare
TK Teekay Corporation Ltd. $1.2B 9.6× 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 $1.1B 14.8× 12.4× +16.53% (above 0%: growing) +17.21% (above 0%: growing) — 100.00% 95.66%
Median of peers $1.5B 11.5× 12.4× +37.79% +164.47% +185.92% 58.71% 41.51%

All 58 Oil & Gas Midstream stocks →

Sabine Royalty Trust (SBR) key facts

  • Concern: Sabine Royalty Trust’s revenue for fiscal 2025 (year ended December 2025) was $77.5 million, down 6.78% from fiscal 2024.
  • Sabine Royalty Trust (SBR) is an Oil & Gas Midstream company in the Energy sector, listed on the New York Stock Exchange.
  • As of October 16, 2026, SBR traded at $72.48, a market capitalization of $1.1 billion.
  • At that price the stock trades at 14.8× trailing-twelve-month earnings and 14.0× sales; its P/E is higher than 67% of its own readings over the past ten years.
  • Sabine Royalty Trust pays an annual dividend of $4.51 per share, a yield of 6.22%, with a payout ratio of 92.0%.
  • Return on equity was 0.00% and debt-to-equity 0.00.

Source: company filings (standardised) and stockrow calculations.

Sabine Royalty Trust (SBR) Latest News

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