---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-104758"
form_type: "8-K"
ticker: "SJT"
cik: "0000319655"
company_name: "SAN JUAN BASIN ROYALTY TRUST"
filed_at: "2023-04-18T23:59:59+00:00"
generated_at: "2026-06-17T00:58:03.320677+00:00"
event_type: "dividend"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# San Juan Basin Trust declares $0.103807/unit monthly distribution based on Feb 2023 production

## Summary
- Monthly cash distribution of $4,838,334.88 ($0.103807/unit) payable May 12, 2023 to holders of record April 28.
- Net profits from Hilcorp: $6,564,258; net royalty to Trust: $4,923,194.
- Gas production volume 1,649,392 Mcf in Feb 2023, down from 1,913,923 Mcf in Jan 2023.
- Average gas price fell sharply to $6.29/Mcf in Feb 2023 from $16.24/Mcf in Jan 2023.
- Total revenue from Subject Interests: $10,497,723 ($10.4M gas, $119K oil).

## SEC filing metadata
- accession: 0001193125-23-104758
- form_type: 8-K
- ticker: SJT
- cik: 0000319655
- company_name: SAN JUAN BASIN ROYALTY TRUST
- filed_at: 2023-04-18T23:59:59+00:00
- event_type: dividend
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/319655/000119312523104758/0001193125-23-104758-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/319655/000119312523104758/d485430d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-104758
- JSON: https://secwatch.observer/filing/0001193125-23-104758.json
- Plain text: https://secwatch.observer/filing/0001193125-23-104758.txt

## Key facts
- Earnings Releases
  SAN JUAN BASIN ROYALTY TRUST reported the month of February 2023 results: revenue $10,497,723, net income $6,564,258, EPS $0.103807 per Unit.
  - Period: the month of February 2023
  - Revenue: $10,497,723
  - Net income: $6,564,258
  - EPS: $0.103807 per Unit
  - Result: reported results
  source text: Hilcorp reported $10,497,723 of total revenue from the Subject Interests for the production month of February 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/319655/000119312523104758/0001193125-23-104758-index.htm

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