San Juan Basin Royalty Trust Files 8-K
Ticker: SJT · Form: 8-K · Filed: Oct 21, 2024 · CIK: 319655
Sentiment: neutral
Topics: financial-results, 8-k
Related Tickers: SJT
TL;DR
SJT filed an 8-K on Oct 21st detailing financial results.
AI Summary
San Juan Basin Royalty Trust filed an 8-K on October 21, 2024, reporting on its results of operations and financial condition. The filing includes financial statements and exhibits related to its business as an oil royalty trader. The principal executive offices are located in Dallas, Texas.
Why It Matters
This filing provides crucial updates on the financial performance and operational status of the San Juan Basin Royalty Trust, impacting investors' understanding of the trust's value.
Risk Assessment
Risk Level: low — This is a routine filing of financial results and does not indicate any unusual risks.
Key Players & Entities
- SAN JUAN BASIN ROYALTY TRUST (company) — Registrant
- Argent Trust Company (company) — Trustee
- October 21, 2024 (date) — Filing Date
- Dallas, Texas (location) — 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 provide 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 form filed?
This 8-K form was filed on October 21, 2024.
What is the business address of the San Juan Basin Royalty Trust?
The business address is C/O Argent Trust Company, 3838 Oak Lawn Ave., Suite 1720, Dallas, Texas 75219-4518.
What is the Standard Industrial Classification (SIC) code for San Juan Basin Royalty Trust?
The Standard Industrial Classification (SIC) code for San Juan Basin Royalty Trust is 6792, which corresponds to Oil Royalty Traders.
Filing Stats: 502 words · 2 min read · ~2 pages · Grade level 12.6 · Accepted 2024-10-21 16:28:56
Filing Documents
- copy_of_sjt_october_8-k.htm (8-K) — 34KB
- sjt-ex99_1.htm (EX-99.1) — 15KB
- 0000950170-24-115961.txt ( ) — 50KB
02 Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition. On October 21, 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 October 2024 due to continued lower natural gas prices and increased production and capital costs that exceeded proceeds during the production month of August 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 October 21, 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: October 21, 2024 By: /S/ NANCY WILLIS Nancy Willis Director of Royalty Trust Services