San Juan Basin Royalty Trust Updates Trustee and Address
Ticker: SJT · Form: 8-K · Filed: Feb 16, 2024 · CIK: 319655
Sentiment: neutral
Topics: administrative-change, trustee-change
TL;DR
**San Juan Basin Royalty Trust just changed its trustee to Argent Trust Company and updated its business address.**
AI Summary
San Juan Basin Royalty Trust filed an 8-K on February 16, 2024, reporting on its results of operations and financial condition. The filing indicates a change in the trustee's business address to 3838 Oak Lawn Ave Suite 1720, Dallas, TX 75219, with Argent Trust Company now serving as the trustee. The previous trustee was BBVA, located at 2200 Post Oak Blvd. Floor 18, Houston, TX 77056.
Why It Matters
This filing is important for investors as it confirms a change in the entity responsible for managing the trust, which could impact its operational oversight and financial distributions.
Risk Assessment
Risk Level: low — The filing primarily reports administrative changes (trustee and address) and does not indicate immediate financial distress or significant operational shifts.
Key Players & Entities
- San Juan Basin Royalty Trust (company) — registrant
- Argent Trust Company (company) — new trustee
- BBVA (company) — former trustee
- February 16, 2024 (date) — date of report
- Dallas, TX (location) — new trustee location
FAQ
What is the purpose of this 8-K filing by San Juan Basin Royalty Trust?
The 8-K filing by San Juan Basin Royalty Trust is to report on its results of operations and financial condition, and to update administrative information such as the trustee and business address, as of February 16, 2024.
Who is the new trustee for San Juan Basin Royalty Trust?
The new trustee for San Juan Basin Royalty Trust is Argent Trust Company, located at 3838 Oak Lawn Ave Suite 1720, Dallas, TX 75219.
What was the previous trustee for San Juan Basin Royalty Trust?
The previous trustee for San Juan Basin Royalty Trust was BBVA, located at 2200 Post Oak Blvd. Floor 18, Houston, TX 77056.
What is the new business address for San Juan Basin Royalty Trust's principal executive offices?
The new business address for San Juan Basin Royalty Trust's principal executive offices is 3838 Oak Lawn Ave Suite 1720, Dallas, TX 75219, associated with Argent Trust Company.
What is the telephone number for the registrant, San Juan Basin Royalty Trust?
The registrant's telephone number, including area code, is (855) 588-7839.
Filing Stats: 537 words · 2 min read · ~2 pages · Grade level 11.4 · Accepted 2024-02-16 13:47:27
Key Financial Figures
- $1,410,308.78 — s of beneficial interest (the Units) of $1,410,308.78 or $0.030258 per Unit, based primarily
- $0.030258 — nterest (the Units) of $1,410,308.78 or $0.030258 per Unit, based primarily upon the repo
Filing Documents
- d777891d8k.htm (8-K) — 19KB
- d777891dex991.htm (EX-99.1) — 9KB
- 0001193125-24-038330.txt ( ) — 29KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 99.1 Press Release dated February 16, 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. ARGENT TRUST COMPANY, AS TRUSTEE FOR THE SAN JUAN BASIN ROYALTY TRUST (Registrant) Date: February 16, 2024 By: /S/ NANCY WILLIS Nancy Willis Director of Royalty Trust Services