6.07 -0.06(-0.98%)04/29/2025
San Juan Basin Royalty Trust (SJT)
San Juan Basin Royalty Trust (SJT)
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| Headline | Time (ET) | Source |
|---|---|---|
| San Juan Basin Royalty Trust Declares No Cash Distribution for April 2025
DALLAS , April 17, 2025 /PRNewswire/ -- Argent Trust Company, as the trustee (the "Trustee") of the San Juan Basin Royalty Trust (the "Trust") (NYSE: SJT), today reported that it will not declare a monthly cash distribution to the holders of its Units of beneficial interest (the "Unit Holders") due to the application of net proceeds of $3,435,269, which amount would otherwise be payable to the Trust as royalty income, to the balance of excess production costs accrued as a result of Hilcorp San Juan L.P.'s ("Hilcorp") drilling of two new horizonal wells in 2024. | 04/17 09:15 | prnewswire.com |
| San Juan Basin Royalty Trust Declares No Cash Distribution for March 2025
DALLAS , March 21, 2025 /PRNewswire/ -- Argent Trust Company, as the trustee (the "Trustee") of the San Juan Basin Royalty Trust (the "Trust") (NYSE: SJT), today reported that it will not declare a monthly cash distribution to the holders of its Units of beneficial interest (the "Unit Holders") due to the application of net proceeds of $4,153,693, which amount would otherwise be payable to the Trust as royalty income, to the balance of excess production costs accrued as a result of Hilcorp San Juan L.P.'s ("Hilcorp") drilling of two new horizonal wells in 2024. | 03/21 09:15 | prnewswire.com |
| San Juan Basin Royalty Trust Declares No Cash Distribution for February 2025
DALLAS , Feb. 18, 2025 /PRNewswire/ -- Argent Trust Company, as the trustee (the "Trustee") of the San Juan Basin Royalty Trust (the "Trust") (NYSE: SJT), today reported that it will not declare a monthly cash distribution to the holders of its Units of beneficial interest (the "Unit Holders") due to excess production costs for the Trust's subject interests ("Subject Interests") during the production month of December 2024, as well as continued low natural gas pricing. Excess production costs occur when production costs and capital expenditures exceed the gross proceeds for a certain period. | 02/18 09:30 | prnewswire.com |
| San Juan Basin Royalty Trust Announces Hilcorp's 2025 Capital Plan
DALLAS , Feb. 13, 2025 /PRNewswire/ -- Argent Trust Company, as the trustee (the "Trustee") of the San Juan Basin Royalty Trust (the "Trust") (NYSE: SJT), announced today that the operator of the Trust's subject interests ("Subject Interests"), Hilcorp Energy Company ("Hilcorp") has provided the Trust with its calendar year 2025 capital project plan for the Subject Interests (the "2025 Plan"). Under the 2025 Plan, Hilcorp estimates its 2025 capital expenditures for the Subject Interests to be approximately $9.0 million. | 02/13 16:15 | prnewswire.com |
| San Juan Basin Royalty Trust: An Unexpected Acceleration
San Juan Basin Royalty Trust benefits from cold weather. Hilcorp's significant capital budget for drilling and reworking wells makes the timing of resumed distributions speculative. Excess production costs of $22.1 million net to the Trust delay cash distributions until liabilities are paid and reserves reach $2 million. | 01/23 17:57 | seekingalpha.com |
| San Juan Basin Royalty Trust Declares No Cash Distribution for January 2025 and Announces Production Costs in Excess of Proceeds
DALLAS , Jan. 21, 2025 /PRNewswire/ -- Argent Trust Company, as the trustee (the "Trustee") of the San Juan Basin Royalty Trust (the "Trust") (NYSE: SJT), today reported that it will not declare a monthly cash distribution to the holders of its Units of beneficial interest (the "Unit Holders") due to excess production costs for the Trust's subject interests ("Subject Interests") during the production month of November 2024, as well as continued low natural gas pricing. Excess production costs occur when production costs and capital expenditures exceed the gross proceeds for a certain period. | 01/21 09:15 | prnewswire.com |
| San Juan Basin Royalty Trust Declares No Cash Distribution for December 2024 and Announces Production Costs in Excess of Proceeds
DALLAS , Dec. 20, 2024 /PRNewswire/ -- Argent Trust Company, as the trustee (the "Trustee") of the San Juan Basin Royalty Trust (the "Trust") (NYSE: SJT), today reported that it will not declare a monthly cash distribution to the holders of its Units of beneficial interest (the "Unit Holders") due to excess production costs for the Trust's subject interests ("Subject Interests") during the production month of October 2024, as well as continued low natural gas pricing. Excess production costs occur when production costs and capital expenditures exceed the gross proceeds for a certain period. | 12/20 09:15 | prnewswire.com |
| San Juan Basin Royalty Trust Declares No Cash Distribution for November 2024 and Announces Production Costs in Excess of Proceeds
DALLAS , Nov. 18, 2024 /PRNewswire/ -- Argent Trust Company, as the trustee (the "Trustee") of the San Juan Basin Royalty Trust (the "Trust") (NYSE: SJT), today reported that it will not declare a monthly cash distribution to the holders of its Units of beneficial interest (the "Unit Holders") due to excess production costs for the Trust's subject interests ("Subject Interests") during the production month of September 2024, as well as continued low natural gas pricing. Excess production costs occur when production costs and capital expenditures exceed the gross proceeds for a certain period. | 11/18 10:22 | prnewswire.com |
| San Juan Basin Royalty Trust Declares No Cash Distribution for October 2024 and Announces Production Costs in Excess of Proceeds
DALLAS , Oct. 21, 2024 /PRNewswire/ -- Argent Trust Company, as the trustee (the "Trustee") of the San Juan Basin Royalty Trust (the "Trust") (NYSE: SJT), today reported that it will not declare a monthly cash distribution to the holders of its Units of beneficial interest (the "Unit Holders") due to excess production costs for the Trust's subject interests ("Subject Interests") during the production month of August 2024, as well as continued low natural gas pricing. Excess production costs occur when production costs and capital expenditures exceed the gross proceeds for a certain period. | 10/21 09:15 | prnewswire.com |
| San Juan Basin Royalty Trust Declares No Cash Distribution for September 2024 and Announces Production Costs in Excess of Proceeds
DALLAS , Sept. 20, 2024 /PRNewswire/ -- Argent Trust Company, as the trustee (the "Trustee") of the San Juan Basin Royalty Trust (the "Trust") (NYSE: SJT), today reported that it will not declare a monthly cash distribution to the holders of its Units of beneficial interest (the "Unit Holders") due to excess production costs for the Trust's subject interests ("Subject Interests") during the production month of July 2024, as well as continued low natural gas pricing. | 09/20 10:54 | prnewswire.com |