San Juan Basin Royalty Trust
Market Movers (8-K)
NYSE
San Juan Basin Royalty Trust will not issue a July cash distribution due to high production costs and low natural gas prices, with cumulative excess costs reaching $7.2 million net.
Worse than expected
NYSE
San Juan Basin Royalty Trust will not declare a cash distribution for June 2026 due to excess production costs and low natural gas prices.
Worse than expected
NYSE
San Juan Basin Royalty Trust will not declare a cash distribution for May 2026 due to high production costs and low natural gas prices, with cumulative excess costs reaching $8.48 million.
Worse than expected
NYSE
San Juan Basin Royalty Trust will not declare a cash distribution for April 2026 due to accumulated excess production costs and low natural gas prices.
Worse than expected
NYSE
San Juan Basin Royalty Trust will not issue a March cash distribution due to persistent excess production costs and low natural gas prices.
Worse than expected
Delay expected
NYSE
San Juan Basin Royalty Trust announced Hilcorp's 2026 capital expenditure plan of $14.0 million for its subject interests, a significant increase from 2025.
Better than expected
Quarterly Earnings (10-Q)
NYSE
San Juan Basin Royalty Trust reports significant decrease in distributable income and no royalty income for Q1 2026 due to high production costs and low natural gas prices.
Worse than expected
Capital raise
NYSE
10-Q: San Juan Basin Royalty Trust Reports Q3 Loss, Suspends Distributions Amid Debt and Production Costs
San Juan Basin Royalty Trust reported a net loss for the third quarter and first nine months of 2025, suspending distributions to unit holders due to significant Excess Production Costs and reliance on a new $2 million line of credit.
Delay expected
Worse than expected
Capital raise
NYSE
San Juan Basin Royalty Trust reports no distributable income for Q2 2025, utilizes a new line of credit, and faces substantial doubt about its ability to continue as a going concern.
Worse than expected
Capital raise
Delay expected
NYSE
San Juan Basin Royalty Trust reports no distributable income for the quarter ended March 31, 2025, due to increased capital expenditures and declining natural gas prices.
Capital raise
Worse than expected
NYSE
The San Juan Basin Royalty Trust reported a significant decrease in distributable income for the quarter ended September 30, 2024, primarily due to increased capital expenditures and lower natural gas prices.
Worse than expected
NYSE
The San Juan Basin Royalty Trust saw a significant drop in distributable income for the second quarter of 2024, primarily due to decreased natural gas prices and increased production costs.
Worse than expected
Annual Reports (10-K)
NYSE
San Juan Basin Royalty Trust reports no royalty income or distributions in 2025, accumulating significant Excess Production Costs and raising substantial doubt about its ability to continue as a going concern.
Capital raise
Worse than expected
NYSE
San Juan Basin Royalty Trust reports a challenging year with significantly reduced distributable income due to increased production costs and declining natural gas prices, raising concerns about its ability to continue as a going concern.
Worse than expected
Capital raise
NYSE
10-K: San Juan Basin Royalty Trust Reports Decreased Distributable Income Amidst Lower Natural Gas Prices
The San Juan Basin Royalty Trust's annual report reveals a significant decrease in distributable income due to lower natural gas prices and increased capital expenditures.
Worse than expected
NYSE
10-K/A: San Juan Basin Royalty Trust Files Amended 10-K, Cites Increased Natural Gas Prices and Production
The San Juan Basin Royalty Trust filed an amendment to its annual report, highlighting increased royalty income due to higher natural gas prices and production, along with details on capital expenditures and operational updates.
Better than expected
Schedule 13G - Passive Investments
NYSE
Horizon Kinetics Asset Management LLC and its parent Horizon Kinetics Holding Corp. have reported a significant beneficial ownership stake of 16.1% in San Juan Basin Royalty Trust.
NYSE
Horizon Kinetics Asset Management LLC and its parent Horizon Kinetics Holding Corp. have reported beneficial ownership of 15% of the outstanding units of beneficial interest in San Juan Basin Royalty Trust.
NYSE
Horizon Kinetics Asset Management LLC has reported a 13.4% beneficial ownership in San Juan Basin Royalty Trust, holding 6,231,144 Units of Beneficial Interest.
NYSE
Horizon Kinetics Asset Management LLC reports a 12.0% beneficial ownership in San Juan Basin Royalty Trust, holding over 5.6 million units.
NYSE
Horizon Kinetics Asset Management LLC has disclosed a 10.3% beneficial ownership in San Juan Basin Royalty Trust, holding 4,803,143 Units of Beneficial Interest.
NYSE
Horizon Kinetics Asset Management LLC has disclosed a 9.9% beneficial ownership stake in San Juan Basin Royalty Trust, holding 4,594,502 Units of Beneficial Interest.