)
Edge28 Nov 2025
Keeping the Streak Alive: The Story of Duolingo
How Duolingo made language learning addictive, scaled to millions of users, and built a powerful subscription business around everyday practice.
Sabine Royalty Trust (SBR) investor relations material
Sabine Royalty Trust Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 earnings summary7 Nov, 2025
Executive summary
Distributable income for Q3 2025 was $24.8 million ($1.70 per unit), up 29% year-over-year, driven by higher oil production and natural gas prices, partially offset by lower oil prices and higher taxes.
For the nine months ended September 30, 2025, distributable income was $60.7 million ($4.16 per unit), nearly flat compared to the same period in 2024.
The Trust declared subsequent monthly distributions of $0.368910 and $0.356720 per unit in October and November 2025.
Financial highlights
Q3 2025 royalty income: $25.5 million, up $5.7 million (29%) from Q3 2024; interest income: $155,561.
General and administrative expenses for Q3 2025: $926,000, up $66,100 year-over-year.
Nine-month royalty income: $63.5 million (2025) vs. $63.2 million (2024); interest income: $382,251 (2025) vs. $473,146 (2024).
Distributions per unit for the nine months: $4.24 (2025) vs. $4.19 (2024).
Cash and short-term investments at September 30, 2025: $8.2 million, down from $9.2 million at year-end 2024.
Outlook and guidance
Distributable income and distributions remain highly sensitive to oil and gas prices, which are subject to significant volatility due to geopolitical, economic, and weather-related factors.
No material changes to risk factors or critical accounting policies during the period.
Update on Oklahoma withholding tax refunds
What drove Q3 2025 royalty income increase?
If escrow not respected, how does tax change?
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next Sabine Royalty Trust earnings date
Q4 202527 Feb, 2026
Next Sabine Royalty Trust earnings date
Q4 202527 Feb, 2026
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
Sabine Royalty Trust is a publicly traded trust that holds royalty and mineral interests in various producing oil and gas properties across the United States. These interests include landowner’s royalties, overriding royalty interests, mineral rights, production payments, and similar non-participatory interests. The trust’s assets are primarily located in states such as Florida, Louisiana, Mississippi, New Mexico, Oklahoma, and Texas. The company is headquartered in Dallas, Texas, and its shares are listed on the NYSE.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage