dividend
confidence high
sentiment neutral
materiality 0.30
San Juan Basin Royalty Trust declares monthly cash distribution of $0.171971/unit
SAN JUAN BASIN ROYALTY TRUST
- Distribution of $8,015,381.16 ($0.171971/unit) payable Dec 14, 2022 to holders of record Nov 30, 2022.
- Net profits reported by Hilcorp for September 2022 production: $10,864,659; royalty amount to Trust $8,148,494.
- Total revenue $14,810,979: gas $14,610,344 at $7.32/Mcf, oil $200,635; production costs $3,946,320.
- Gas volumes 1,995,001 Mcf in Sept vs 2,076,429 Mcf in Aug; avg gas price $7.32/Mcf vs $7.54/Mcf.
- Trustee continues engagement with Hilcorp and ongoing third-party compliance audit of payments and costs.