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Stock impact report

San Juan Basin Royalty Trust Declares Cash Distribution for March 2020

San Juan Basin Royalty Trust (SJT) 
US:NYSE Investor Relations: sjbrt.com
Company Research Source: Business Wire
HOUSTON--(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 $1,498,536.63 or $0.032151 per Unit, based primarily upon production during the month of January 2020, subject to certain adjustments by the owner of the Trust’s subject interests, Hilcorp San Juan L.P. (“Hilcorp”), for prior months. The distribution is payable April 14, 2020, to Unit Holders of record as of March 31, 2020.Based upon information provided to the Trust by Hilcorp, gas production for the subject interests totaled 1,888,856 Mcf (2,098,729 MMBtu) for January 2020, as compared to 2,469,963 Mcf (2,744,404 MMBtu) for December 2019. Dividing revenues by production volume yielded an average gas price for January 2020 of $2.34 per Mcf ($2.11 per MMBtu), as compared to an average gas price for December 2019 of $2.08 per Mcf ($1.87 per MMBtu).Hilcorp has Show less Read more
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