Dividends & Buybacks ·
San Juan Basin Royalty Trust will not declare a monthly cash distribution for August 2026 due to excess production…
SJTSan Juan Basin Royalty Trust
San Juan Basin Royalty Trust will not declare a monthly cash distribution for August 2026 due to excess production costs and low natural gas pricing. The cumulative balance of excess production costs stands at approximately $11,430,832 gross ($8,573,124 net), increasing by $1,803,903 gross from the prior month. All net proceeds will be applied to this deficit until it is repaid, along with a required $2,000,000 reserve replenishment and repayment of principal and interest on the Trust's line of credit. For June 2026, total revenue was $3,181,295 against production costs of $4,974,373. The outstanding line of credit balance is now $1,030,794. San Juan Basin Royalty Trust operates in the energy sector as a royalty trust holding interests in oil and natural gas properties.