---
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"
generated_at: "2026-06-13T21:57:10.492530+00:00"
event_type: "dividend"
sentiment: "negative"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# San Juan Basin Royalty Trust declares $0.016987/unit monthly distribution for June 2023

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: dividend
- sentiment: negative
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-170076
- JSON: https://secwatch.observer/filing/0001193125-23-170076.json
- Plain text: https://secwatch.observer/filing/0001193125-23-170076.txt

## Key facts
- Earnings Releases
  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.
  - Period: the month of April 2023
  - 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
  - Result: reported results
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/319655/000119312523170076/0001193125-23-170076-index.htm

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