other material
confidence high
sentiment neutral
materiality 0.50
San Juan Basin Royalty Trust declares $0.012323/unit monthly distribution for Oct 2023 production
SAN JUAN BASIN ROYALTY TRUST
- Cash distribution of $574,347.16 ($0.012323/unit) payable Jan 16, 2024 to holders of record Dec 29, 2023.
- Net royalty income to Trust from Hilcorp was $652,099 on gross net profits of $869,465 for October 2023 production month.
- Gas volumes for October 2023 were 1,997,743 Mcf, up from 1,905,945 Mcf in September 2023.
- Average gas price fell to $2.14/Mcf ($1.93/MMBtu) in October from $2.46/Mcf ($2.22/MMBtu) in September 2023.
- Trust continues its comprehensive audit of Hilcorp's accounting, including pricing and costs.