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.

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 as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term 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.