dividend
confidence high
sentiment negative
materiality 0.60
San Juan Basin Trust declares $0.103807/unit monthly distribution based on Feb 2023 production
SAN JUAN BASIN ROYALTY TRUST
- Monthly cash distribution of $4,838,334.88 ($0.103807/unit) payable May 12, 2023 to holders of record April 28.
- Net profits from Hilcorp: $6,564,258; net royalty to Trust: $4,923,194.
- Gas production volume 1,649,392 Mcf in Feb 2023, down from 1,913,923 Mcf in Jan 2023.
- Average gas price fell sharply to $6.29/Mcf in Feb 2023 from $16.24/Mcf in Jan 2023.
- Total revenue from Subject Interests: $10,497,723 ($10.4M gas, $119K oil).