Welcome to our dedicated page for San Juan Royl Tr news (Ticker: SJT), a resource for investors and traders seeking the latest updates and insights on San Juan Royl Tr stock.
San Juan Basin Royalty Trust (SJT) provides investors with centralized access to official announcements and energy sector developments. This resource aggregates all trust-related news, including quarterly distributions, production updates, and regulatory filings.
Monitor royalty income changes, natural gas price impacts, and operational audits through verified press releases. The trust’s 75% net overriding royalty interest structure and New Mexico basin focus create unique financial considerations addressed in disclosed updates.
Key updates include earnings reports, operator agreements, and reserve management decisions. Third-party audit results and trustee communications provide transparency into production costs and revenue distributions.
Bookmark this page for streamlined tracking of SJT’s financial performance and basin operations. Regular updates ensure stakeholders maintain current understanding of royalty calculations and administrative expense management.
San Juan Basin Royalty Trust (NYSE: SJT) announced no cash distribution to Unit Holders for April 2025 due to excess production costs from Hilcorp's two horizontal wells drilled in 2024. The Trust must apply $3,435,269 in net proceeds to the remaining excess production costs balance of $12,869,691.
For February 2025, Hilcorp reported total revenue of $7,869,451 from the Subject Interests, with gas revenues of $7,685,519 and oil revenues of $183,932. Production costs were $3,289,092. Gas production volumes decreased to 2,287,310 Mcf from January's 2,689,216 Mcf, with average gas prices falling to $3.36 per Mcf from $3.74.
The Trust's cash reserves have declined to $117,797, with $140,724 being used for administrative expenses. The Trustee plans to replenish and increase reserves to $2.0 million before future distributions and is exploring credit options to cover administrative expenses until royalty income resumes.
San Juan Basin Royalty Trust (NYSE: SJT) announced no cash distribution to Unit Holders for March 2025 due to excess production costs from Hilcorp's drilling of two horizontal wells in 2024. The current balance of excess production costs is approximately $21.7M gross ($16.3M net to Trust).
For January 2025, Hilcorp reported total revenue of $10.15M from Subject Interests, with gas revenues of $10.06M and oil revenues of $88,082. Production costs were $4.61M, including $2.57M in lease operating expenses, $784,303 in severance taxes, and $1.26M in capital costs. Gas production totaled 2.69M Mcf at an average price of $3.74 per Mcf, up from $3.14 in December.
The Trust's cash reserves decreased to $258,521, with $253,619 used for administrative expenses. Hilcorp's 2025 capital project plan estimates $9.0M in expenditures, including $4.0M for seven new vertical drill projects, $4.5M for recompletions and workovers, and $0.5M for facilities projects.
San Juan Basin Royalty Trust (NYSE: SJT) announced no cash distribution for February 2025 due to excess production costs and low natural gas prices. The Trust reported total revenue of $8.69 million for December 2024, with production costs of $6.46 million. Cumulative excess production costs stand at $27.28 million gross ($20.46 million net to Trust).
Gas volumes for December 2024 totaled 2,669,858 Mcf at an average price of $3.14 per Mcf, compared to 2,261,819 Mcf at $2.10 per Mcf in November. The Trust's cash reserves decreased to $512,140, with plans to increase reserves to $2.0 million before future distributions.
Hilcorp's 2025 capital project plan estimates approximately $9.0 million in expenditures, including $4.0 million for new vertical drill projects, $4.5 million for recompletions and workovers, and $0.5 million for facilities projects.
San Juan Basin Royalty Trust (NYSE: SJT) announced Hilcorp Energy Company's 2025 capital project plan, estimating expenditures of $9.0 million for 29 projects. The budget allocation includes:
- $4.0 million for seven new vertical drill projects in Dakota/Mesaverde formations
- $4.5 million for 22 recompletions and workovers in Fruitland Coal formation
- $0.5 million for facilities projects related to natural gas compression
For comparison, in 2024, Hilcorp's capital expenditures through November totaled $33.6 million out of a projected $34.0 million, with $24.6 million spent on two horizontal drilling projects in the Mancos formation, $8.0 million on recompletions and workovers, and $1.0 million on facilities projects.
San Juan Basin Royalty Trust (NYSE: SJT) announced no cash distribution to Unit Holders for January 2025 due to excess production costs and low natural gas prices. Hilcorp reported total revenue of $4,880,618 from Subject Interests for November 2024, including $4,752,207 in gas revenues and $128,411 in oil revenues. However, production costs were significantly higher at $13,139,376.
The excess production costs of approximately $29.5 million gross ($22.1 million net to Trust) will be charged to next month's distribution. Gas volumes totaled 2,261,819 Mcf at an average price of $2.10 per Mcf, compared to 1,880,071 Mcf at $1.92 per Mcf in October 2024.
The Trust's cash reserves decreased to $651,323 after covering administrative expenses. The Trustee plans to replenish and increase cash reserves to $2.0 million before future distributions resume.
San Juan Basin Royalty Trust (NYSE: SJT) announced no cash distribution for December 2024 due to excess production costs and low natural gas prices. Hilcorp reported total revenue of $3,674,540 from Subject Interests for October 2024, but faced production costs of $7,059,218. The excess production costs of approximately $21.2 million gross will be charged to next month's distribution.
Gas volumes totaled 1,880,071 Mcf with an average price of $1.92 per Mcf for October 2024, compared to September's $1.42 per Mcf. The Trust's cash reserves will decrease to $760,919 after covering administrative expenses. The Trustee plans to replenish and increase cash reserves to $2.0 million before future distributions to Unit Holders.
San Juan Basin Royalty Trust (NYSE: SJT) announced no cash distribution for November 2024 due to excess production costs and low natural gas prices. Hilcorp reported total revenue of $2,853,533 from Subject Interests for September 2024, while production costs were $5,566,414. The excess production costs of approximately $17.86 million gross will be charged to next month's distribution. Gas volumes totaled 1,869,291 Mcf with an average price of $1.42 per Mcf, down from $1.79 in August. The Trust's cash reserves will decrease to $961,566 after covering administrative expenses, with plans to increase reserves to $2.0 million before future distributions.
San Juan Basin Royalty Trust (NYSE: SJT) announced no cash distribution for October 2024 due to excess production costs and low natural gas pricing. Hilcorp reported $3,594,338 total revenue and $7,227,419 production costs for August 2024. Excess production costs of $15,150,449 gross will be charged to the next month's distribution. The Trust's administrative expenses were $87,522, partially covered by $4,959 interest income. Gas volumes totaled 1,922,538 Mcf with an average price of $1.79 per Mcf. The Trustee utilized $82,564 from cash reserves, leaving a balance of $1,017,135. The Trust plans to replenish and increase cash reserves to $2.0 million before future distributions.
San Juan Basin Royalty Trust (NYSE: SJT) announced no cash distribution for September 2024 due to excess production costs and low natural gas prices. Hilcorp San Juan L.P. reported $3,905,235 in total revenue and $6,966,097 in production costs for July 2024. The excess production costs of $11,517,368 gross will be charged to the next month's distribution. Gas volumes for July 2024 totaled 1,891,889 Mcf with an average price of $1.94 per Mcf.
The Trust's cash reserves were $1,099,699 after utilizing $139,442 to cover administrative expenses. The Trustee plans to replenish and increase cash reserves to $2.0 million before future distributions. The Trust continues to audit Hilcorp's payments and analyze compliance with operative agreements.
San Juan Basin Royalty Trust (NYSE: SJT) announced no cash distribution for August 2024 due to excess production costs and low natural gas pricing. Hilcorp reported $2,851,950 in total revenue and $6,419,934 in production costs for June 2024. The excess production costs of approximately $8,456,506 gross ($6,342,379 net to the Trust) will be charged to the next month's distribution. Trust administrative expenses totaled $187,698. Gas volumes for June 2024 were 1,828,685 Mcf with an average price of $1.41 per Mcf. The Trustee is utilizing cash reserves to cover expenses and plans to increase reserves to $2.0 million before future distributions.
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