San Juan Basin Royalty Trust operates as an express trust in Texas. The company has a 75% net overriding royalty interest carved out of Southland's oil and natural gas interests (the Subject Interests) in properties located in the San Juan Basin in northwestern New Mexico. The Subject Interests consist of working interests, royalty interests, overriding royalty interests, and other contractual rights in 119,000 net producing acres in San Juan, Rio Arriba, and Sandoval Counties of northwestern New Mexico, as well as 825.9 net wells. BBVA USA serves as the trustee of the San Juan Basin Royalty Trust. The company was founded in 1980 and is based in Houston, Texas.
IPO Year:
Exchange: NYSE
Website: sjbrt.com
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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. Excess production costs for this reporting period are due primarily to significant lease operating expen
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. Excess production costs occur when production costs and capital expenditures exceed the gross proceeds for a certain period. Excess production costs for this reporting period are due primarily to significant lease operating expense
DALLAS, Aug. 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 June 2024, as well as low natural gas pricing. Excess production costs occur when production costs and capital expenditures exceed the gross proceeds for a certain period. Excess production costs for this reporting period are due primarily to significant lease operating expenses and capit
DALLAS, July 19, 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 May 2024, as well as lower natural gas pricing. Excess production costs occur when production costs and capital expenditures exceed the gross proceeds for a certain period. Excess production costs for this reporting period are due primarily to significant lease operating expenses and capi
DALLAS, June 17, 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 April 2024, as well as lower natural gas pricing. Excess production costs occur when production costs and capital expenditures exceed the gross proceeds for a certain period. Excess production costs for this reporting period are due primarily to significant lease operating expenses assoc
DALLAS, May 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 month of May 2024, as well as lower natural gas pricing. Excess production costs occur when production costs and capital expenditures exceed the gross proceeds for a certain period. Excess production costs for this reporting period are due primarily to a significant increase in lease operating expenses associ
DALLAS, April 19, 2024 /PRNewswire/ -- Argent Trust Company, as the trustee (the "Trustee") of the San Juan Basin Royalty Trust (the "Trust") (NYSE:SJT), today declared a monthly cash distribution to the holders (the "Unit Holders") of its units of beneficial interest (the "Units") of $1,065,685.42 or $0.022864 per Unit, based primarily upon the reported production of the Trust's subject interests (the "Subject Interests") during the month of February 2024. The distribution is payable May 14, 2024, to the Unit Holders of record as of April 30, 2024. For the production month of February 2024, the owner of the Subject Interests, Hilcorp San Juan L.P. and the operator of the Subject Interests,
DALLAS, March 18, 2024 /PRNewswire/ -- Argent Trust Company, as the trustee (the "Trustee") of the San Juan Basin Royalty Trust (the "Trust") (NYSE:SJT), today declared a monthly cash distribution to the holders (the "Unit Holders") of its units of beneficial interest (the "Units") of $1,923,926.56 or $0.041278 per Unit, based primarily upon the reported production of the Trust's subject interests (the "Subject Interests") during the month of January 2024. The distribution is payable April 12, 2024, to the Unit Holders of record as of March 28, 2024. For the production month of January 2024, the owner of the Subject Interests, Hilcorp San Juan L.P. and the operator of the Subject Interests,
DALLAS, Feb. 16, 2024 /PRNewswire/ -- Argent Trust Company, as the trustee (the "Trustee") of the San Juan Basin Royalty Trust (the "Trust") (NYSE: SJT), today declared a monthly cash distribution to the holders (the "Unit Holders") of its units of beneficial interest (the "Units") of $1,410,308.78 or $0.030258 per Unit, based primarily upon the reported production of the Trust's subject interests (the "Subject Interests") during the month of December 2023. The distribution is payable March 14, 2024, to the Unit Holders of record as of February 29, 2024. For the production month of December 2023, the owner of the Subject Interests, Hilcorp San Juan L.P. and the operator of the Subject Inter
San Juan Basin Royalty Trust (the "Trust") (NYSE:SJT) announced today that the resignation of PNC Bank ("PNC") as Trustee of the Trust and appointment of Argent Trust Company, a Tennessee chartered trust company ("Argent") as successor Trustee is effective as of February 15, 2024. At a Special Meeting of the Trust's Unit Holders held on January 16, 2024, the Unit Holders of the Trust voted to approve two separate proposals amending the Indenture, the governing document of the Trust, and the appointment of Argent as successor Trustee to PNC. PNC assumed the administration of the Trust in 2021 through the acquisition of BBVA USA Bancshares, Inc. PNC's decision to resign is based on its dete
San Juan Basin Royalty Trust (the "Trust") (NYSE:SJT) announced today that the resignation of PNC Bank ("PNC") as Trustee of the Trust and appointment of Argent Trust Company, a Tennessee chartered trust company ("Argent") as successor Trustee is effective as of February 15, 2024. At a Special Meeting of the Trust's Unit Holders held on January 16, 2024, the Unit Holders of the Trust voted to approve two separate proposals amending the Indenture, the governing document of the Trust, and the appointment of Argent as successor Trustee to PNC. PNC assumed the administration of the Trust in 2021 through the acquisition of BBVA USA Bancshares, Inc. PNC's decision to resign is based on its dete
San Juan Basin Royalty Trust (NYSE:SJT) (the "Trust") today announced that, at the Special Meeting of the Trust's Unit Holders held on January 16, 2024, the Unit Holders of the Trust voted to approve the appointment of Argent Trust Company, a Tennessee chartered trust company ("Argent") as successor Trustee to PNC Bank, National Association, the current trustee of the Trust. Unit Holders also approved two separate proposals amending the Indenture, the governing document of the Trust. The proposals approved and adopted by the Unit Holders included amendments (i) permitting a successor trustee to be a bank or trust company having a capital, surplus and undivided profits (as of the end of its
San Juan Basin Royalty Trust (NYSE:SJT) (the "Trust") today announced that the Special Meeting of the Trust's Unit Holders held on December 1, 2023, for the purpose of obtaining Unit Holder approval of the appointment of Argent Trust Company, a Tennessee chartered trust company ("Argent"), as successor trustee to PNC Bank, National Association, the trustee of the Trust (the "Trustee"), together with two additional proposed amendments to the San Juan Basin Royalty Trust Indenture, was adjourned due to the lack of the requisite quorum. The Special Meeting has been adjourned until January 16, 2024 at 10:00 a.m. Central Time, to be held in person at 2200 Post Oak Blvd., Floor 19, Houston, Texas
PNC Bank, National Association ("PNC"), as the trustee (the "Trustee") of the San Juan Basin Royalty Trust (the "Trust") (NYSE:SJT), announced that it has entered into an Agreement of Conditional Resignation with Argent Trust Company, a Tennessee chartered trust company ("Argent"), pursuant to which the Trustee will be resigning as trustee of the San Juan Basin Royalty Trust, and will nominate Argent as successor trustee. PNC assumed the administration of the Trust in 2021 through the acquisition of BBVA USA Bancshares, Inc. PNC's decision to resign is based on its determination that the administration of royalty trusts, such as the Trust, is not part of its long-term strategy. PNC has ap
Gainers Tellurian (AMEX:TELL) stock moved upwards by 4.6% to $0.68 during Wednesday's after-market session. The market value of their outstanding shares is at $568.6 million. KNOT Offshore Partners (NYSE:KNOP) stock increased by 2.73% to $7.51. The company's market cap stands at $262.3 million. San Juan Basin Royalty (NYSE:SJT) shares rose 2.27% to $4.04. The market value of their outstanding shares is at $188.2 million. Enservco (AMEX:ENSV) shares increased by 2.0% to $0.25. The market value of their outstanding shares is at $6.8 million. Enviva (NYSE:EVA) shares moved upwards by 1.45% to $0.6. The company's market cap stands at $44.6 million. Uranium Energy (AMEX:UEC) stock moved upw
San Juan Basin Royalty (NYSE:SJT) reported quarterly earnings of $0.08 per share. This is a 87.1 percent decrease over earnings of $0.62 per share from the same period last year. The company reported $4.01 million in sales this quarter. This is a 86.21 percent decrease over sales of $29.09 million the same period last year.
The most oversold stocks in the energy sector presents an opportunity to buy into undervalued companies. The RSI is a momentum indicator, which compares a stock's strength on days when prices go up to its strength on days when prices go down. When compared to a stock's price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the RSI is below 30, according to Benzinga Pro. Here’s the latest list of major oversold players in this sector, having an RSI near or below 30. San Juan Basin Royalty Trust (NYSE:SJT) On Sept. 7, San Juan Basin Royalty Trust reached a settlement agreement with Hilcorp for $1.04
Understanding Value Stocks A value stock traditionally has a lower price when compared to stock prices of companies in the same industry. This indicates that the company may be undervalued, as investors are not expressing as much interest in such companies. The most commonly used way to check for value is with the price-to-earnings multiple, or P/E. A low P/E multiple is a good indication that the stock is undervalued. Benzinga Insights has compiled a list of value stocks in the energy sector that may be worth watching: PrimeEnergy Resources (NASDAQ:PNRG) - P/E: 7.79 RPC (NYSE:RES) - P/E: 6.72 ProPetro Holding (NYSE:PUMP) - P/E: 8.29 San Juan Basin Royalty (NYSE:SJT) - P/E: 3.06 SilverBow
The most oversold stocks in the energy sector presents an opportunity to buy into undervalued companies. The RSI is a momentum indicator, which compares a stock's strength on days when prices go up to its strength on days when prices go down. When compared to a stock's price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the RSI is below 30, according to Benzinga Pro. Here’s the latest list of major oversold players in this sector, having an RSI near or below 30. San Juan Basin Royalty Trust (NYSE:SJT) On Sept. 7, San Juan Basin Royalty Trust reached a settlement agreement with Hilcorp for $1.04
Friday marks the last chance for investors to receive the next dividend payout from San Juan Basin Royalty (NYSE:SJT). What's Happening The company announced on Friday that it would pay shareholders a monthly dividend of 4.87 cents per share. On Monday, San Juan Basin Royalty will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 4.87 cents lower than it would have opened on any other day. In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Monday. Shareholders who own SJT as of the end of Friday's session are eligible to receive the 4.87 cent
What are Value Stocks? A value stock traditionally has a lower price when compared to stock prices of companies in the same industry. This indicates that the company may be undervalued, as investors are not expressing as much interest in such companies. The most commonly used way to check for value is with the price-to-earnings multiple, or P/E. A low P/E multiple is a good indication that the stock is undervalued. Benzinga Insights has compiled a list of value stocks in the energy sector that may be worth watching: Ranger Energy Services (NYSE:RNGR) - P/E: 9.64 Granite Ridge Resources (NYSE:GRNT) - P/E: 4.45 PBF Energy (NYSE:PBF) - P/E: 1.99 W&T Offshore (NYSE:WTI) - P/E: 4.79 San Juan Ba
Wednesday marks the last chance for investors to receive the next dividend payout from San Juan Basin Royalty (NYSE:SJT). What's Happening The company announced on Tuesday that it would pay shareholders a monthly dividend of 5.38 cents per share. On Thursday, San Juan Basin Royalty will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 5.38 cents lower than it would have opened on any other day. In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Thursday. Shareholders who own SJT as of the end of Wednesday's session are eligible to receive th
By the close of today, September 07, 2023, GeoPark (NYSE:GPRK) will issue a dividend payout of $0.13 per share, resulting in an annualized dividend yield of 5.43%. This payout is exclusively for shareholders who held the stock before the ex-dividend date on August 23, 2023. GeoPark Recent Dividend Payouts table { width: 100%; border-collapse: collapse; font-family: Arial, sans-serif; font-size: 14px; } th, td { padding: 8px; text-align: left; } th { background-color: #293a5a; color: #fff; text-align: left; } tr:nth-child(even)
8-K - SAN JUAN BASIN ROYALTY TRUST (0000319655) (Filer)
8-K - SAN JUAN BASIN ROYALTY TRUST (0000319655) (Filer)
8-K - SAN JUAN BASIN ROYALTY TRUST (0000319655) (Filer)
10-Q - SAN JUAN BASIN ROYALTY TRUST (0000319655) (Filer)
8-K - SAN JUAN BASIN ROYALTY TRUST (0000319655) (Filer)
8-K - SAN JUAN BASIN ROYALTY TRUST (0000319655) (Filer)
8-K - SAN JUAN BASIN ROYALTY TRUST (0000319655) (Filer)
10-Q - SAN JUAN BASIN ROYALTY TRUST (0000319655) (Filer)
8-K - SAN JUAN BASIN ROYALTY TRUST (0000319655) (Filer)
10-K - SAN JUAN BASIN ROYALTY TRUST (0000319655) (Filer)
SC 13G/A - SAN JUAN BASIN ROYALTY TRUST (0000319655) (Subject)
SC 13G - SAN JUAN BASIN ROYALTY TRUST (0000319655) (Subject)
SC 13G/A - SAN JUAN BASIN ROYALTY TRUST (0000319655) (Subject)
SC 13G/A - SAN JUAN BASIN ROYALTY TRUST (0000319655) (Subject)
SC 13G - SAN JUAN BASIN ROYALTY TRUST (0000319655) (Subject)
SC 13G/A - SAN JUAN BASIN ROYALTY TRUST (0000319655) (Subject)