---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-115961"
form_type: "8-K"
ticker: "SJT"
cik: "0000319655"
company_name: "SAN JUAN BASIN ROYALTY TRUST"
filed_at: "2024-10-21T23:59:59+00:00"
generated_at: "2026-05-30T12:36:46.804282+00:00"
event_type: "dividend"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# San Juan Basin Royalty Trust declares no cash distribution for Oct 2024

## Summary
- No cash distribution for Oct 2024; excess production costs of $15.15M gross ($11.36M net) charged to future months.
- Aug 2024 revenue $3.59M, production costs $7.23M (including $4.36M capex).
- Average gas price $1.79/Mcf in Aug vs $1.94/Mcf in Jun; volumes 1.92M Mcf.
- Trust admin expenses $87,522; cash reserves $1.02M after $82,564 draw; plan to replenish to $2.0M.
- Trustee continues auditing Hilcorp's costs and pricing; no distributions until net proceeds sufficient.

## SEC filing metadata
- accession: 0000950170-24-115961
- form_type: 8-K
- ticker: SJT
- cik: 0000319655
- company_name: SAN JUAN BASIN ROYALTY TRUST
- filed_at: 2024-10-21T23:59:59+00:00
- event_type: dividend
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/319655/000095017024115961/0000950170-24-115961-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/319655/000095017024115961/copy_of_sjt_october_8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-115961
- JSON: https://secwatch.observer/filing/0000950170-24-115961.json
- Plain text: https://secwatch.observer/filing/0000950170-24-115961.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.