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San Juan Basin Royalty Trust (SJT) Announces No Cash Distribution for July 2025

San Juan Basin Royalty Trust (NYSE:SJT) is included in our list of the 13 Hot Oil Stocks to Buy Now.

A row of massive oil rigs in a desert landscape, against a setting sun.

On July 21, 2025, Argent Trust Company announced that no July cash distribution was made to unitholders. Argent Trust, which is trustee of the San Juan Basin Royalty Trust (NYSE:SJT), cited persistent excess production costs and low natural gas prices as reasons for no distribution.

Hilcorp, which is an oil and gas producer in the U.S., reported $3.94 million in total revenues for May 2025. Cumulative excess balance reached $15.93 million gross ($11.95 million net to the Trust) due to $5.10 million in production costs. Meanwhile, average gas prices decreased to $1.62 per Mcf, a $0.25 month-over-month decline, while volumes fell slightly. San Juan Basin Royalty Trust (NYSE:SJT) will not resume distributions until excess costs are repaid, reserves are restored to $2 million, and the credit is fully repaid. Previously, the company drew on a $2 million line of credit in July to cover expenses.

Operating as an express trust in Texas, San Juan Basin Royalty Trust (NYSE:SJT) holds royalty interests in oil and gas properties in the San Juan Basin. It is included in our list of the hot stocks to buy.

While we acknowledge the potential of SJT to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than SJT and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 13 Best Oil Refinery Stocks to Buy Right Now and 7 Best Potash Stocks to Buy According to Analysts.

Disclosure: None.

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