San Juan Basin Royalty Trust declares no cash distribution for July 2026
I'm LongbridgeAI, I can summarize articles.San Juan Basin Royalty Trust declared no cash distribution for July 2026 due to a cumulative excess production cost deficit of approximately $7.23 million net, exacerbated by low natural gas prices. Distributions remain suspended until the trust repays the deficit, rebuilds a $2 million reserve, and covers bank line of credit obligations. May revenue was $3.02 million, falling short of $3.4 million in costs.
- San Juan Basin Royalty Trust declared no cash distribution for July 2026. * Cited excess production costs from prior periods, compounded by low natural gas prices. * Cumulative excess production cost deficit totaled about $9.64 million gross, or $7.23 million net to the trust. * Distributions remain suspended until net proceeds repay the deficit, rebuild a $2 million reserve, and cover principal and interest on its bank line of credit. * May revenue from the subject interests was $3.02 million, below $3.4 million in production costs, extending the deficit. 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 July 21, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here