San Juan Basin Royalty Trust Files 8-K
Ticker: SJT · Form: 8-K · Filed: Jun 17, 2024 · CIK: 319655
Sentiment: neutral
Topics: financial-reporting, operations-update
Related Tickers: SJT
TL;DR
SJT filed an 8-K on June 17th detailing financial results. Check it out.
AI Summary
San Juan Basin Royalty Trust filed an 8-K on June 17, 2024, reporting on its results of operations and financial condition. The filing includes financial statements and exhibits. The Trust is incorporated in Texas and its principal executive offices are located in Dallas, Texas, with Argent Trust Company acting as Trustee.
Why It Matters
This 8-K filing provides an update on the financial performance and operational results of the San Juan Basin Royalty Trust, which is crucial for investors to assess the trust's current standing and future prospects.
Risk Assessment
Risk Level: low — This is a routine 8-K filing reporting financial information and does not indicate any unusual or significant risks.
Key Players & Entities
- San Juan Basin Royalty Trust (company) — Registrant
- Argent Trust Company (company) — Trustee
- June 17, 2024 (date) — Date of Report
- Texas (location) — State of Incorporation
- Dallas, Texas (location) — Principal Executive Offices
FAQ
What is the primary purpose of this 8-K filing for San Juan Basin Royalty Trust?
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 it includes Financial Statements and Exhibits.
Who is acting as the Trustee for the San Juan Basin Royalty Trust?
Argent Trust Company is acting as the Trustee for the San Juan Basin Royalty Trust.
On what date was this 8-K report filed?
This 8-K report was filed on June 17, 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., Suite 1720, Dallas, Texas 75219-4518.
Filing Stats: 499 words · 2 min read · ~2 pages · Grade level 12.3 · Accepted 2024-06-17 11:22:14
Filing Documents
- sjt_june_8-k.htm (8-K) — 32KB
- sjt-ex99_1.htm (EX-99.1) — 15KB
- 0000950170-24-074074.txt ( ) — 48KB
02 Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition. On June 17, 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 June 2024 due to lower natural gas prices and increased production costs that exceeded proceeds during the production month of April 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 June 17, 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: June 17, 2024 By: /S/ NANCY WILLIS Nancy Willis Director of Royalty Trust Services