dividend
confidence high
sentiment neutral
materiality 0.35
San Juan Basin Royalty Trust declares $0.020691/unit monthly distribution
SAN JUAN BASIN ROYALTY TRUST
- Distribution of $964,360.23 ($0.020691/unit) payable Sept 15, 2023 to holders of record Aug 31, 2023.
- Based on June 2023 production: net profits of $1,442,222 ($1,081,666 net royalty to Trust).
- Gas volumes 2,006,122 Mcf; avg gas price $1.88/Mcf, up from $1.71/Mcf in May 2023.
- Total revenue $4,104,013 ($3,774,490 gas, $329,523 oil); production costs $2,661,792.
- Trust continues comprehensive audit of Hilcorp's accounting and payments.