secwatch.observer — SEC 8-K summary
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Issuer:     SAN JUAN BASIN ROYALTY TRUST (SJT)
CIK:        0000319655
Form:       8-K
Filed at:   2023-06-20T23:59:59+00:00
Accession:  0001193125-23-170076
Event type: dividend
Sentiment:  negative
Materiality: 0.50
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/319655/000119312523170076/0001193125-23-170076-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/319655/000119312523170076/d525584d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-170076

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