San Juan Basin Royalty Trust Declares No Cash Distribution for September 2019
San Juan Basin Royalty Trust (SJT)
US:NYSE Investor Relations:
sjbrt.com
Company Research
Source: Business Wire
FORT WORTH, Texas--(BUSINESS WIRE)--BBVA USA, as Trustee of the San Juan Basin Royalty Trust (the “Trust”) (NYSE:SJT), today confirmed 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 from prior periods. Excess production costs occur when production costs and capital expenditures exceed the gross proceeds for a certain period.For the production month of July 2019, the operator of the Trust’s subject interests, Hilcorp San Juan L.P. (“Hilcorp”), reported to the Trust profits of $535,455 gross ($401,591 net), which reduced, but did not eliminate, the previously reported excess production costs of $2,706,497 gross ($2,029,873 net) that have accumulated against the subject interests’ royalty distributions since the June 2019 distribution month. Hilcorp will charge the excess production costs to next month’s distribution.The Trust will utilize its cash reserves to pay the Trust’s
Show less
Read more
Impact Snapshot
Event Time:
SJT
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SJT alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SJT alerts
High impacting San Juan Basin Royalty Trust news events
Weekly update
A roundup of the hottest topics
SJT
News
- San Juan Basin Royalty Trust Announces April Cash Distribution [Yahoo! Finance]Yahoo! Finance
- San Juan Basin Royalty Trust Announces April Cash DistributionPR Newswire
- There May Be No Monthly Distributions For San Juan Basin Royalty Trust Later This Year [Seeking Alpha]Seeking Alpha
- San Juan Basin Royalty Trust Announces March Cash Distribution [Yahoo! Finance]Yahoo! Finance
- San Juan Basin Royalty Trust Announces March Cash DistributionPR Newswire
SJT
Analyst Actions
- 2/13/24 - TheStreet
SJT
Sec Filings
- 4/19/24 - Form 8-K
- 4/1/24 - Form 10-K
- 3/18/24 - Form 8-K
- SJT's page on the SEC website