SJT Updates Business Address & Phone Number in 8-K Filing
Ticker: SJT · Form: 8-K · Filed: Jan 19, 2024 · CIK: 319655
Complexity: simple
Sentiment: neutral
Topics: administrative, corporate-governance
TL;DR
**SJT just updated its contact info, no big deal for investors.**
AI Summary
San Juan Basin Royalty Trust (SJT) filed an 8-K on January 19, 2024, to update its business address and telephone number. The new principal executive offices are located at PNC Asset Management Group, 2200 Post Oak Blvd., Floor 18, Houston, TX 77056, and the new telephone number is (866) 809-4553. This administrative change is minor and does not impact the trust's operations or financial condition, so it has no direct bearing on the value for current or prospective shareholders.
Why It Matters
This filing is purely administrative, updating contact information for San Juan Basin Royalty Trust. It has no direct impact on the trust's financial performance, distributions, or underlying assets.
Risk Assessment
Risk Level: low — This filing is an administrative update of contact information and does not present any financial or operational risks.
Analyst Insight
Investors should note this administrative update but understand it has no material impact on the trust's financial performance or future distributions. No immediate action is required based on this filing.
Key Players & Entities
- San Juan Basin Royalty Trust (company) — the registrant
- PNC BANK, NATIONAL ASSOCIATION (company) — new trustee/management group
- PNC Asset Management Group (company) — new principal executive offices location
- Houston, TX (location) — new city for principal executive offices
- (866) 809-4553 (phone_number) — new telephone number
FAQ
What is the primary purpose of this 8-K filing by San Juan Basin Royalty Trust?
The primary purpose of this 8-K filing is to report a change in the registrant's principal executive offices address and telephone number, effective January 19, 2024.
What is the new business address for San Juan Basin Royalty Trust?
The new business address for San Juan Basin Royalty Trust is PNC Asset Management Group, 2200 Post Oak Blvd., Floor 18, Houston, TX 77056.
What is the new telephone number for San Juan Basin Royalty Trust?
The new telephone number for San Juan Basin Royalty Trust is (866) 809-4553.
Which entity is now associated with the management of San Juan Basin Royalty Trust, as indicated by the new address?
PNC BANK, NATIONAL ASSOCIATION, specifically PNC Asset Management Group, is now associated with the management of San Juan Basin Royalty Trust, as indicated by the new principal executive offices address.
Does this 8-K filing indicate any changes to the financial condition or results of operations for San Juan Basin Royalty Trust?
No, this 8-K filing, dated January 19, 2024, only reports administrative changes to contact information and does not indicate any changes to the financial condition or results of operations for San Juan Basin Royalty Trust.
Filing Stats: 552 words · 2 min read · ~2 pages · Grade level 10.7 · Accepted 2024-01-19 15:11:57
Key Financial Figures
- $758,308.20 — s of beneficial interest (the Units) of $758,308.20 or $0.016270 per Unit, based primarily
- $0.016270 — interest (the Units) of $758,308.20 or $0.016270 per Unit, based primarily upon the repo
Filing Documents
- d695595d8k.htm (8-K) — 19KB
- d695595dex991.htm (EX-99.1) — 7KB
- 0001193125-24-011187.txt ( ) — 26KB
02
Item 2.02. Results of Operations and Financial Condition. On January 19, 2024, the San Juan Basin Royalty Trust (the Trust) issued a press release, a copy of which is attached hereto as Exhibit 99.1, announcing a monthly cash distribution to the holders (the Unit Holders) of its units of beneficial interest (the Units) of $758,308.20 or $0.016270 per Unit, based primarily upon the reported production of the Trusts subject interests (the Subject Interests) during the month of November 2023, by the owner of the Subject Interests, Hilcorp San Juan L.P. The distribution is payable February 14, 2024, to the Unit Holders of record as of January 31, 2024. In accordance with general instruction B.2 to Form 8-K, the information in this Form 8-K shall be deemed furnished and not filed with the Securities and Exchange Commission for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section.
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 99.1 Press Release, dated January 19, 2024.
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report on Form 8-K to be signed on its behalf by the undersigned hereunto duly authorized. PNC BANK, NATIONAL ASSOCIATION, AS TRUSTEE FOR THE SAN JUAN BASIN ROYALTY TRUST (Registrant) Date: January 19, 2024 By: /s/ Ross C. Durr, RPL Ross C. Durr, RPL Senior Vice President Mineral Interest Director