SAN JUAN BASIN ROYALTY TRUST - 8-K Filing
San Juan Basin Royalty Trust will not declare a cash distribution for May 2026 due to excess production costs of $8,484,149 gross ($6,363,112 net) and continued low natural gas prices. Hilcorp reported total revenue from the Subject Interests in March 2026 as $2,806,519 with an average gas price of $1.20 per Mcf, down significantly from February's $2.70 per Mcf. (Items: 2.02 Results of Operations and Financial Condition, 9.01 Financial Statements and Exhibits)
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