San Juan Basin Royalty Trust (SJT) Research
The San Juan Basin Royalty Trust is a Texas-based express trust, established in 1980 and headquartered in Houston. Its core operation revolves around a substantial 75% net overriding royalty interest, which was carved out of oil and natural gas holdings previously owned by Southland. These underlying assets, collectively known as the "Subject Interests," are situated in the San Juan Basin across San Juan, Rio Arriba, and Sandoval Counties in northwestern New Mexico. The Subject Interests themselves encompass various energy rights, including working interests, royalty interests, overriding royalty interests, and other contractual agreements, covering 119,000 net producing acres and involving 1,140 net wells. BBVA USA acts as the appointed trustee for the organization.
Market snapshot
- Symbol
- SJT
- Price
- $3.11
- Day change
- -1.89%
- Market cap
- $145.0M
- P/E ratio
- -193.14x
- 52-week range
- 3.08-6.61
- Sector
- Energy
- Industry
- Oil & Gas Exploration & Production
Peer companies
Recent insider activity
- ALPINE CAPITAL LP — S-Sale (30600 shares) on 2003-12-02
- ALPINE CAPITAL LP — S-Sale (4400 shares) on 2003-12-02
- ALPINE CAPITAL LP — S-Sale (4800 shares) on 2003-12-02
- ALPINE CAPITAL LP — S-Sale (3000 shares) on 2003-12-02
- ALPINE CAPITAL LP — S-Sale (3500 shares) on 2003-12-02
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