San Juan Basin Royalty Trust announced on August 19, 2025, that there will be no cash distribution for August due to excess production costs and low natural gas prices. The Trust's expenses have exceeded its income due to Hilcorp San Juan L.P.'s drilling of two new wells in 2024. The Trust will not resume royalty income distributions until the excess costs are repaid, a reserve is replenished, and a principal note is paid. The Trust's updates are now self-published on its website due to depleted cash reserves.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. San Juan Basin Royalty Trust published the original content used to generate this news brief on August 19, 2025, and is solely responsible for the information contained therein.