San Juan Royl Tr Stock Price, News & Analysis

PNC Bank, as trustee of the San Juan Basin Royalty Trust (SJT), announced a monthly cash distribution of $6,766,905.11 or $0.145185 per Unit for the production month of May 2022. This distribution is payable on August 12, 2022, to Unit Holders of record as of July 29, 2022. Hilcorp reported net profits of $9,121,113 and total revenue of $12,895,888, with production costs at $3,774,775. Gas volumes for May 2022 were 2,019,106 Mcf, achieving an average price of $6.09 per Mcf, up from $4.82 in April. The Trust is engaged in ongoing audits concerning Hilcorp's financial reporting.

PNC Bank, as trustee of the San Juan Basin Royalty Trust (NYSE: SJT), announced a monthly cash distribution of $5,202,132.35 or $0.111613 per Unit, based on April 2022 production data. This amount will be paid on July 15, 2022, to holders on record as of June 30, 2022. Hilcorp reported net profits of $7,136,834 for the same period, with production costs amounting to $3,358,467. Gas volumes decreased slightly to 2,098,999 Mcf in April 2022, while average gas prices rose to $4.82 per Mcf.

HOUSTON--(BUSINESS WIRE)--PNC Bank, as Trustee of the San Juan Basin Royalty Trust (NYSE: SJT), declared a cash distribution of $4,277,812.64 or $0.091781 per unit, based on March 2022 production. The distribution will be paid on June 14, 2022, to Unit Holders of record as of May 31, 2022. Hilcorp reported net profits of $5,822,966 and total revenue of $9,268,103 for the same period. Production costs were $3,445,137, and gas volumes increased to 2,168,531 Mcf in March 2022. The average gas price for the month was $4.15 per Mcf.

San Juan Basin Royalty Trust (SJT) has declared a cash distribution of $3,863,096.64 or $0.082883 per unit due to February 2022 production. This is payable on May 13, 2022, to unit holders recorded by April 29, 2022. February’s production netted $5,337,442 in profits, with total revenue from Hilcorp at $8,715,985. However, production decreased to 1,806,354 Mcf from 1,986,976 Mcf in January, attributed to seasonal factors. Average gas price fell to $4.70 per Mcf, down from $5.42.

PNC Bank, as trustee of the San Juan Basin Royalty Trust (NYSE: SJT), announced a monthly cash distribution of $5,551,298.95 or $0.119104 per Unit, based on January 2022 production. This distribution will be payable on April 14, 2022, to unit holders recorded as of March 31, 2022. Hilcorp, the operator, reported $10,704,254 in total revenue and $2,906,576 in production costs for January. Average gas prices increased to $5.42 per Mcf from $4.38 in December.

PNC Bank, as trustee of the San Juan Basin Royalty Trust (NYSE: SJT), announced a monthly cash distribution of $3,996,441.96, or $0.085744 per unit, based on production data from December 2021. The distribution is set for March 14, 2022, for unit holders on record as of February 28, 2022. Hilcorp reported net profits of $5,449,856 and total revenues of $10,364,982 in December 2021, with production costs amounting to $4,915,126. Future capital expenditures are estimated at $1.9 million for 2022.

PNC Bank, as the successor trustee of San Juan Basin Royalty Trust (NYSE: SJT), has declared a monthly cash distribution amounting to $4,821,486.55 or $0.103446 per Unit, based on November 2021's production. The distribution is payable on February 14, 2022, to Unit Holders of record as of January 31, 2022. Hilcorp reported net profits of $6,606,455 and revenues of $10,122,294 for the same period, with production costs at $3,515,839. Gas prices averaged $4.60 per Mcf, up from $4.35 in October.

PNC Bank, as the trustee for San Juan Basin Royalty Trust (NYSE: SJT), has declared a monthly cash distribution of $5,240,726.18 ($0.112441 per Unit) for October 2021. The distribution will be paid on January 14, 2022, to Unit Holders on record as of December 31, 2021. Hilcorp San Juan L.P. reported net profits of $7,120,430 and revenues of $10,514,072 for the production month, while production costs were $3,393,641. Gas volumes increased compared to September, with an average price of $4.35 per Mcf.

PNC Bank, as the Trustee of San Juan Basin Royalty Trust (NYSE: SJT), announced a monthly cash distribution of $6,982,507.89 or $0.149811 per Unit, payable on December 14, 2021. This is based on production reported for September 2021. Hilcorp reported $9,520,577 in net profits, with revenues of $7,603,853. Gas production was approximately 167,812 Mcf, averaging $3.60 per Mcf. The Trustee is working with Hilcorp regarding accounting and reporting issues. Previous discrepancies in their accounting system have been addressed.