secwatch.observer — SEC 8-K summary
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Issuer:     SAN JUAN BASIN ROYALTY TRUST (SJT)
CIK:        0000319655
Form:       8-K
Filed at:   2022-12-19T23:59:59+00:00
Accession:  0001193125-22-308312
Event type: dividend
Sentiment:  negative
Materiality: 0.50
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

San Juan Basin Royalty Trust declares $0.0963/unit monthly distribution; gas price down to $4.73/Mcf
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/319655/000119312522308312/0001193125-22-308312-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/319655/000119312522308312/d430056d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-308312

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