{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-22-308312","form_type":"8-K","ticker":"SJT","cik":"0000319655","company_name":"SAN JUAN BASIN ROYALTY TRUST","filed_at":"2022-12-19T23:59:59+00:00","discovered_at":"2026-05-14T18:03:53.153075+00:00","generated_at":"2026-06-21T02:51:49.622285+00:00","sec_items":["2.02","9.01"],"event_type":"dividend","sentiment":"negative","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"San Juan Basin Royalty Trust declares $0.0963/unit monthly distribution; gas price down to $4.73/Mcf","bullets":["Distribution of $4,488,193.46 ($0.096295/unit) payable Jan 17, 2023 to holders of record Dec 30, 2022 based on Oct 2022 production.","Net profits from Hilcorp for Oct 2022: $6,052,622; Trust's net royalty amount $4,539,467.","Average gas price fell to $4.73/Mcf in Oct from $7.32/Mcf in Sept, a 35% decline.","Hilcorp reported a correction to prior month's settlement differences and implemented additional controls.","Gas volumes: 2,074,030 Mcf in Oct vs 1,995,001 Mcf in Sept, a slight increase."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-22-308312","json":"https://secwatch.observer/filing/0001193125-22-308312.json","markdown":"https://secwatch.observer/filing/0001193125-22-308312.md","text":"https://secwatch.observer/filing/0001193125-22-308312.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/319655/000119312522308312/0001193125-22-308312-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/319655/000119312522308312/d430056d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-21T02:51:49.622285+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"de07e9e29a0ec46d93796001fac5b56c33f7f20d","claim":"SAN JUAN BASIN ROYALTY TRUST reported the month of October 2022 results: revenue $9,458,334, net income $6,052,622, EPS $0.096295 per Unit.","evidence_excerpt":"HOUSTON, Texas, December 19, 2022 – PNC Bank, National Association, as the trustee (the “Trustee”) of the San Juan Basin Royalty Trust (the “Trust”) (NYSE: SJT), today declared a monthly cash distribution to the holders (the “Unit Holders”) of its units of beneficial interest (the “Units”) of $4,488,193.46 or $0.096295 per Unit, based primarily upon the reported production of the Trust’s subject interests (the “Subject Interests”) during the month of October 2022. The distribution is payable January 17, 2023, to the Unit Holders of record as of December 30, 2022. For the production month of October 2022, the owner of the Subject Interests, Hilcorp San Juan L.P. and the operator of the Subject Interests, Hilcorp Energy Company (collectively, “Hilcorp”), reported to the Trust net profits of $6,052,622 ($4,539,467 net royalty amount to the Trust). Hilcorp reported $9,458,334 of total revenue from the Subject Interests for the production month of October 2022, consisting of $9,801,968 of g","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/319655/000119312522308312/0001193125-22-308312-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the month of October 2022"},{"label":"Revenue","value":"$9,458,334"},{"label":"Net income","value":"$6,052,622"},{"label":"EPS","value":"$0.096295 per Unit"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}