San Juan Basin Royalty Trust (SJT) Reaches New 1-Year Low at $5.27

Shares of San Juan Basin Royalty Trust (NYSE:SJT) reached a new 52-week low during mid-day trading on Monday . The stock traded as low as $5.27 and last traded at $5.24, with a volume of 300 shares trading hands. The stock had previously closed at $5.31.

Separately, TheStreet cut shares of San Juan Basin Royalty Trust from a “b-” rating to a “c+” rating in a report on Thursday, June 21st.

The firm has a market capitalization of $258.68 million, a price-to-earnings ratio of 7.12 and a beta of -0.04.

San Juan Basin Royalty Trust (NYSE:SJT) last issued its earnings results on Thursday, August 9th. The oil and gas producer reported $0.05 earnings per share for the quarter. The company had revenue of $2.99 million for the quarter. San Juan Basin Royalty Trust had a net margin of 95.60% and a return on equity of 520.42%.

The firm also recently announced a monthly dividend, which will be paid on Monday, September 17th. Shareholders of record on Friday, August 31st will be issued a dividend of $0.032 per share. The ex-dividend date is Thursday, August 30th. This represents a $0.38 dividend on an annualized basis and a dividend yield of 7.40%.

Large investors have recently modified their holdings of the business. Jane Street Group LLC acquired a new stake in shares of San Juan Basin Royalty Trust during the first quarter worth $118,000. Bank of Montreal Can acquired a new stake in shares of San Juan Basin Royalty Trust in the 2nd quarter worth about $184,000. GSA Capital Partners LLP acquired a new stake in shares of San Juan Basin Royalty Trust in the 2nd quarter worth about $186,000. United Capital Financial Advisers LLC increased its holdings in shares of San Juan Basin Royalty Trust by 38.0% in the 1st quarter. United Capital Financial Advisers LLC now owns 30,700 shares of the oil and gas producer’s stock worth $243,000 after acquiring an additional 8,450 shares during the period. Finally, CIBC World Markets Inc. acquired a new stake in shares of San Juan Basin Royalty Trust in the 1st quarter worth about $484,000. 25.29% of the stock is currently owned by institutional investors.

San Juan Basin Royalty Trust Company Profile (NYSE:SJT)

San Juan Basin Royalty Trust operates as an express trust in Texas. The company has a 75% net overriding royalty interest carved out of Southland's oil and natural gas interests (the subject interests) in properties located in the San Juan Basin in northwestern New Mexico. The subject interests consist of working interests, royalty interests, overriding royalty interests, and other contractual rights in 119,000 net producing acres in San Juan, Rio Arriba, and Sandoval Counties of northwestern New Mexico, as well as 829.8 net wells.

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