secwatch.observer — SEC 8-K summary
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Issuer:     SAN JUAN BASIN ROYALTY TRUST (SJT)
CIK:        0000319655
Form:       8-K
Filed at:   2023-04-18T23:59:59+00:00
Accession:  0001193125-23-104758
Event type: dividend
Sentiment:  negative
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/319655/000119312523104758/0001193125-23-104758-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/319655/000119312523104758/d485430d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-104758

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