Sabine Royalty Trust Still Has Significant Downside Risk [Seeking Alpha]
Sabine Royalty Trust (SBR)
US:NYSE Investor Relations:
sbr-sabine.com
Company Research
Source: Seeking Alpha
Play 10min Summary I initially purchased Sabine Royalty Trust during the coronavirus crisis for its cheap valuation and later sold it in late 2022 after it tripled. The stock has underperformed the market since late 2022, with a total return of -8% compared to the S&P 500's 47% gain. The recent plunge of oil prices below $70, driven by weak demand from China, signals a bearish outlook for Sabine Royalty Trust. Given the bearish oil market and potential for reduced distributions, Sabine Royalty Trust bears significant downside risk despite its current valuation. Torsten Asmus About four years ago, at the depths of the coronavirus crisis, I recommended purchasing Sabine Royalty Trust ( NYSE: SBR ) for its extremely cheap valuation, as the stock had been sold off to the extreme by investors who had panicked and did not pay attention to fundamentals anymore. In less than two years after that article, the stock nearly tripled. Later, in late 2022, I recommended selling t
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SBR
News
- Sabine Royalty Trust (NYSE: SBR) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- Sabine Royalty Trust (NYSE: SBR) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- SABINE ROYALTY TRUST ANNOUNCES MONTHLY CASH DISTRIBUTION FOR NOVEMBER 2024PR Newswire
- Sabine Royalty Trust declares $0.4358 dividend [Seeking Alpha]Seeking Alpha
- SABINE ROYALTY TRUST ANNOUNCES MONTHLY CASH DISTRIBUTION FOR OCTOBER 2024PR Newswire
SBR
Sec Filings
- 11/12/24 - Form 10-Q
- 11/5/24 - Form 8-K
- 10/4/24 - Form 8-K
- SBR's page on the SEC website