San Juan Basin Royalty Trust Declares No Cash Distribution for December 2024 and Announces Production Costs in Excess of Proceeds
Portfolio Pulse from
San Juan Basin Royalty Trust (NYSE: SJT) announced no cash distribution for December 2024 due to excess production costs and low natural gas prices. Production costs exceeded proceeds for October 2024.

December 20, 2024 | 2:30 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
San Juan Basin Royalty Trust will not distribute cash for December 2024 due to excess production costs and low natural gas prices, impacting investor returns.
The Trust's decision to not declare a cash distribution is directly linked to financial performance issues, specifically excess production costs and low natural gas prices. This is likely to negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100