{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-041940","form_type":"8-K","ticker":"SJT","cik":"0000319655","company_name":"SAN JUAN BASIN ROYALTY TRUST","filed_at":"2023-02-17T23:59:59+00:00","discovered_at":"2026-05-14T18:03:47.606209+00:00","generated_at":"2026-06-19T08:22:59.612662+00:00","sec_items":["2.02","9.01"],"event_type":"dividend","sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"SJT declares $0.249833/unit distribution; Dec gas price $10.32/Mcf vs Nov $5.36","bullets":["Monthly distribution of $11.64M ($0.249833/unit) payable March 14, 2023 to holders of record Feb 28.","Dec 2022 gas revenue $19.79M on 1,917,016 Mcf; avg price $10.32/Mcf ($9.29/MMBtu), up 92% from Nov.","Production costs $4.23M; net royalty to Trust $11.87M.","Hilcorp estimates 2023 capital budget $4.4M, including 25 well recompletions and workovers.","2022 actual capex ~$1M; ongoing audit of Hilcorp payments continues."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-041940","json":"https://secwatch.observer/filing/0001193125-23-041940.json","markdown":"https://secwatch.observer/filing/0001193125-23-041940.md","text":"https://secwatch.observer/filing/0001193125-23-041940.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/319655/000119312523041940/0001193125-23-041940-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/319655/000119312523041940/d465711d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-19T08:22:59.612662+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":"068de16573dc98f02b82c15559d593a7045fdfe5","claim":"SAN JUAN BASIN ROYALTY TRUST reported production month of December 2022 results: revenue $20,049,260, net income $11,644,396.06, EPS $0.249833 per Unit.","evidence_excerpt":"Interests, Hilcorp Energy Company (collectively, “Hilcorp”), reported to the Trust net profits of $15,821,352 ($11,866,014 net royalty amount to the Trust). Hilcorp reported $20,049,260 of total revenue from the Subject Interests for the production month of December 2022, consisting of $19,785,206 of gas revenues, $154,542 of oil revenues and other revenues of","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/319655/000119312523041940/0001193125-23-041940-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"production month of December 2022"},{"label":"Revenue","value":"$20,049,260"},{"label":"Net income","value":"$11,644,396.06"},{"label":"EPS","value":"$0.249833 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"}