DALLAS (AP) — DALLAS (AP) — Sabine Royalty Trust (SBR) on Thursday reported net income of $19.9 million in its first quarter.

On a per-share basis, the Dallas-based company said it had net income of $1.37.

The oil and gas property investor posted revenue of $20.8 million in the period.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SBR at https://www.zacks.com/ap/SBR