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Stock impact report

San Juan Basin Royalty Trust Declares Cash Distribution for February 2020

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 declared a monthly cash distribution to the holders of its Units of beneficial interest (the “Unit Holders”) of $1,723,194.34 or $0.036971 per Unit, based primarily upon production during the month of December 2019, subject to certain adjustments by the operator of the Trust’s subject interests, Hilcorp San Juan L.P. (“Hilcorp”), for prior months. The distribution is payable March 13, 2020, to Unit Holders of record as of February 28, 2020.Based upon information provided to the Trust by Hilcorp, gas production for the subject interests totaled 2,469,963 Mcf (2,744,404 MMBtu) for December 2019, as compared to 2,505,179 Mcf (2,783,532 MMBtu) for November 2019. Dividing revenues by production volume yielded an average gas price for December 2019 of $2.08 per Mcf ($1.87 per MMBtu), as compared to an average gas price for November 2019 of $1.71 per Mcf ($1.54 per Show less Read more
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