{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-170076","form_type":"8-K","ticker":"SJT","cik":"0000319655","company_name":"SAN JUAN BASIN ROYALTY TRUST","filed_at":"2023-06-20T23:59:59+00:00","discovered_at":"2026-05-14T18:03:41.784472+00:00","generated_at":"2026-06-13T21:57:10.492530+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 $0.016987/unit monthly distribution for June 2023","bullets":["Distribution of $791,746.81 ($0.016987/unit) payable July 17, 2023, record June 30, 2023.","April 2023 net profits $1.19M ($890,530 net royalty); total revenue $4.39M ($4.10M gas, $0.29M oil).","Gas volumes 1,886 MMcf vs 2,078 MMcf in March; avg gas price $2.17/Mcf vs $3.00/Mcf in March.","Production costs $3.20M; capital costs increased due to workovers and recompletes.","Decline in April production attributed to third-party plant scheduled maintenance outages."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-170076","json":"https://secwatch.observer/filing/0001193125-23-170076.json","markdown":"https://secwatch.observer/filing/0001193125-23-170076.md","text":"https://secwatch.observer/filing/0001193125-23-170076.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/319655/000119312523170076/0001193125-23-170076-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/319655/000119312523170076/d525584d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T21:57:10.492530+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":"4940d66d34e958e63c1d0f339a62918f5bd393de","claim":"SAN JUAN BASIN ROYALTY TRUST reported the month of April 2023 results: revenue $4,388,489 of total revenue from the Subject Interests for the production month of April 2023, consisting of $4,100,728, net income $1,187,373 ($890,530 net royalty amount to the Trust), EPS $0.016987 per Unit.","evidence_excerpt":"declared a monthly cash distribution to the holders (the “Unit Holders”) of its units of beneficial interest (the “Units”) of $791,746.81 or $0.016987 per Unit, based primarily upon the reported production of the Trust’s subject interests (the “Subject Interests”) during the month of April 2023","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/319655/000119312523170076/0001193125-23-170076-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the month of April 2023"},{"label":"Revenue","value":"$4,388,489 of total revenue from the Subject Interests for the production month of April 2023, consisting of $4,100,728"},{"label":"Net income","value":"$1,187,373 ($890,530 net royalty amount to the Trust)"},{"label":"EPS","value":"$0.016987 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"}