---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-237425"
form_type: "8-K"
ticker: "SJT"
cik: "0000319655"
company_name: "SAN JUAN BASIN ROYALTY TRUST"
filed_at: "2023-09-19T23:59:59+00:00"
generated_at: "2026-06-10T14:09:05.792510+00:00"
event_type: "dividend"
sentiment: "positive"
materiality_score: 0.32
calibrated_materiality_score: 0.32
confidence: "high"
source: SEC EDGAR
---

# San Juan Basin Royalty Trust declares $0.053793/unit monthly distribution for July production

## Summary
- Distribution of $2,507,212.89 ($0.053793/unit) payable Oct 16, 2023 to holders of record Sep 29.
- Net profits from Hilcorp were $3,586,018 ($2,689,513 net royalty to Trust) for July 2023.
- Gas volumes 1,986,071 Mcf; average gas price $2.53/Mcf, up from $1.88/Mcf in June.
- Total revenue $6,757,633 includes gas $5,027,418, oil $347,424, other $1,382,791 (audit settlement).
- Production costs $3,171,614: lease operating $2,197,901, severance taxes $784,494, capital $189,219.

## SEC filing metadata
- accession: 0001193125-23-237425
- form_type: 8-K
- ticker: SJT
- cik: 0000319655
- company_name: SAN JUAN BASIN ROYALTY TRUST
- filed_at: 2023-09-19T23:59:59+00:00
- event_type: dividend
- sentiment: positive
- materiality_score: 0.32
- calibrated_materiality_score: 0.32
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/319655/000119312523237425/0001193125-23-237425-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/319655/000119312523237425/d552561d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-237425
- JSON: https://secwatch.observer/filing/0001193125-23-237425.json
- Plain text: https://secwatch.observer/filing/0001193125-23-237425.txt

## Key facts
- Earnings Releases
  SAN JUAN BASIN ROYALTY TRUST reported the month of July 2023 results: revenue $6,757,633 of total revenue, net income net profits of $3,586,018 ($2,689,513 net royalty amount to the Trust), EPS $0.053793 per Unit.
  - Period: the month of July 2023
  - Revenue: $6,757,633 of total revenue
  - Net income: net profits of $3,586,018 ($2,689,513 net royalty amount to the Trust)
  - EPS: $0.053793 per Unit
  - Result: reported results
  source text: Interests, Hilcorp Energy Company (collectively, “Hilcorp”), reported to the Trust net profits of $3,586,018 ($2,689,513 net royalty amount to the Trust). Hilcorp reported $6,757,633 of total revenue from the Subject Interests for the production month of July 2023, consisting of $5,027,418 of gas revenues, $347,424 of oil revenues and $1,382,791 of other
  evidence_url: https://www.sec.gov/Archives/edgar/data/319655/000119312523237425/0001193125-23-237425-index.htm

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