San Juan Basin Royalty Trust Files 8-K
Ticker: SJT · Form: 8-K · Filed: May 20, 2024 · CIK: 319655
Sentiment: neutral
Topics: financial-reporting, operations
TL;DR
SJT filed an 8-K on 5/20/24 detailing financial results. Check it out.
AI Summary
San Juan Basin Royalty Trust filed an 8-K on May 20, 2024, reporting results of operations and financial condition. The filing includes financial statements and exhibits, with Argent Trust Company acting as the trustee. The Trust is incorporated in Texas and has its principal executive offices in Dallas.
Why It Matters
This filing provides an update on the financial performance and operational status of the San Juan Basin Royalty Trust, which is important for investors to assess the trust's current health and future prospects.
Risk Assessment
Risk Level: low — This is a routine filing reporting financial information and does not appear to contain any significant new risks or negative developments.
Key Players & Entities
- SAN JUAN BASIN ROYALTY TRUST (company) — Registrant
- Argent Trust Company (company) — Trustee
- May 20, 2024 (date) — Date of Report
- Texas (location) — State of Incorporation
- Dallas (location) — City of Principal Executive Offices
FAQ
What is the primary purpose of this 8-K filing?
The primary purpose of this 8-K filing is to report on the Results of Operations and Financial Condition of the San Juan Basin Royalty Trust, and to include Financial Statements and Exhibits.
Who is the trustee for the San Juan Basin Royalty Trust?
Argent Trust Company is the trustee for the San Juan Basin Royalty Trust.
When was this 8-K report filed?
This 8-K report was filed on May 20, 2024.
In which state is the San Juan Basin Royalty Trust incorporated?
The San Juan Basin Royalty Trust is incorporated in Texas.
What is the business address of the San Juan Basin Royalty Trust?
The business address of the San Juan Basin Royalty Trust is C/O Argent Trust Company, 3838 Oak Lawn Ave., Ste 1720, Dallas, TX 75219-4518.
Filing Stats: 499 words · 2 min read · ~2 pages · Grade level 12.3 · Accepted 2024-05-20 16:59:44
Filing Documents
- sjt_may_8-k_-_no_xbrl.htm (8-K) — 32KB
- sjt-ex99_1.htm (EX-99.1) — 13KB
- 0000950170-24-062514.txt ( ) — 47KB
02 Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition. On May 20, 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 that it would not declare a monthly cash distribution to the holders of its units of beneficial interest (Units) for May 2024 due to lower natural gas prices and increased production costs that exceeded proceeds during the production month of March 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.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. Exhibit No. Description 99.1 Press Release dated May 20, 2024
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. : By: ARGENT TRUST COMPANY, AS TRUSTEE FOR THE SAN JUAN BASIN ROYALTY TRUST (Registrant) Date: May 20, 2024 By: /S/ NANCY WILLIS Nancy Willis Director of Royalty Trust Services