San Juan Basin Royalty Trust Shares Oversold
- Oversold Signal: San Juan Basin Royalty Trust (SJT) saw its RSI drop to 28.0 during Wednesday's trading, indicating it has entered oversold territory with a current share price of $4.53, suggesting that recent selling pressure may be waning.
- Market Comparison: Compared to the S&P 500 ETF's current RSI of 47.5, SJT's oversold condition could attract bullish investors looking for buying opportunities, indicating a potential shift in market sentiment.
- Historical Performance: SJT's 52-week low is $4.53, with a high of $7.22, and the last trade at $4.64 shows the stock is hovering at low levels, potentially offering value buying opportunities for investors.
- Investor Focus: With SJT's oversold status, investors may also look at 9 other oversold stocks for potential investment opportunities, further stimulating market activity.
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San Juan Basin Royalty Trust Shares Oversold
- Oversold Signal: San Juan Basin Royalty Trust (SJT) saw its RSI drop to 28.0 during Wednesday's trading, indicating it has entered oversold territory with a current share price of $4.53, suggesting that recent selling pressure may be waning.
- Market Comparison: Compared to the S&P 500 ETF's current RSI of 47.5, SJT's oversold condition could attract bullish investors looking for buying opportunities, indicating a potential shift in market sentiment.
- Historical Performance: SJT's 52-week low is $4.53, with a high of $7.22, and the last trade at $4.64 shows the stock is hovering at low levels, potentially offering value buying opportunities for investors.
- Investor Focus: With SJT's oversold status, investors may also look at 9 other oversold stocks for potential investment opportunities, further stimulating market activity.
Hilcorp's 2026 Capital Project Plan Overview
- Capital Expenditure Plan: Hilcorp estimates its 2026 capital expenditures for the San Juan Basin to be approximately $14 million, reflecting a significant increase from the $9 million projected for 2025, indicating a positive investment outlook for future projects.
- Project Allocation: Of the 2026 budget, $11.5 million is earmarked for nine new vertical drilling projects and six new horizontal drilling projects, primarily in the Mesaverde, Mancos, and Dakota formations, aimed at enhancing production and resource development efficiency.
- Recompletions and Maintenance: Approximately $2 million will be allocated to 17 recompletion and workover projects, mainly in the Fruitland Coal and Pictured Cliffs formations, ensuring ongoing production capacity and economic viability of existing assets.
- Risk Advisory: Hilcorp noted that the 2026 plan may be revised based on changes in underlying assumptions, and actual capital costs may vary from estimates, prompting investors to remain vigilant regarding oil and gas price volatility and other uncertainties.
Hilcorp's 2026 Capital Expenditure Plan Overview
- Capital Expenditure Plan: Hilcorp Energy Company estimates its 2026 capital expenditures for the San Juan Basin to be approximately $14 million, a significant increase from the $9 million budgeted for 2025, indicating strong confidence and investment intent in future projects.
- Project Allocation Details: Of the 2026 budget, $11.5 million will be allocated to nine new vertical drilling projects and six new horizontal drilling projects, primarily in the Mesaverde, Mancos, and Dakota formations, aimed at enhancing production and resource development efficiency.
- Recompletions and Facility Investments: Approximately $2 million will be allocated to 17 recompletion and workover projects, while $0.5 million will be directed towards facilities related to natural gas compression and other projects, indicating a focus on enhancing existing assets while expanding infrastructure.
- Risks and Uncertainties: Hilcorp emphasizes that the 2026 plan may be revised based on underlying assumptions, and actual capital costs may vary from estimates, reflecting the impact of external factors such as oil and gas price volatility and regulatory risks.
Thursday's Top Performers: Metals & Mining, Rental, Leasing, and Royalty Stocks
Market Performance: Rental, leasing, and royalty shares have shown relative strength, increasing by approximately 1.1% overall, with notable gains from San Juan Basin Royalty Trust (up 6.6%) and Permianville Royalty Trust (up 3.3%) on Thursday.
Sector Leaders: The video highlights Thursday's sector leaders, focusing on the Metals & Mining and Rental, Leasing, & Royalty stocks.
San Juan Basin Royalty Trust (SJT) Declined This Week. Here is Why.
Share Price Decline: The share price of San Juan Basin Royalty Trust (NYSE:SJT) dropped by 14.13% from June 18 to June 25, 2025, following the announcement that no monthly cash distribution would be made for June due to excess production costs.
Financial Impact: The Trust will not receive royalty income until it pays off excess production costs of approximately $14.77 million, which were incurred from drilling new wells, leading to a halt in cash distributions to unitholders until future net proceeds are sufficient.
San Juan Basin Royalty Trust Declares No Cash Distribution for June 2025
Trust Distribution Update: Argent Trust Company announced that the San Juan Basin Royalty Trust will not declare a monthly cash distribution to unit holders due to excess production costs from Hilcorp's drilling activities, with cumulative excess costs currently at approximately $14.8 million.
Financial Management and Future Outlook: The Trust has established a line of credit to manage administrative expenses during revenue shortfalls and plans to resume distributions once net proceeds are sufficient to cover liabilities and replenish reserves.
San Juan Basin Royalty Trust Shares Oversold
- Oversold Signal: San Juan Basin Royalty Trust (SJT) saw its RSI drop to 28.0 during Wednesday's trading, indicating it has entered oversold territory with a current share price of $4.53, suggesting that recent selling pressure may be waning.
- Market Comparison: Compared to the S&P 500 ETF's current RSI of 47.5, SJT's oversold condition could attract bullish investors looking for buying opportunities, indicating a potential shift in market sentiment.
- Historical Performance: SJT's 52-week low is $4.53, with a high of $7.22, and the last trade at $4.64 shows the stock is hovering at low levels, potentially offering value buying opportunities for investors.
- Investor Focus: With SJT's oversold status, investors may also look at 9 other oversold stocks for potential investment opportunities, further stimulating market activity.
Hilcorp's 2026 Capital Project Plan Overview
- Capital Expenditure Plan: Hilcorp estimates its 2026 capital expenditures for the San Juan Basin to be approximately $14 million, reflecting a significant increase from the $9 million projected for 2025, indicating a positive investment outlook for future projects.
- Project Allocation: Of the 2026 budget, $11.5 million is earmarked for nine new vertical drilling projects and six new horizontal drilling projects, primarily in the Mesaverde, Mancos, and Dakota formations, aimed at enhancing production and resource development efficiency.
- Recompletions and Maintenance: Approximately $2 million will be allocated to 17 recompletion and workover projects, mainly in the Fruitland Coal and Pictured Cliffs formations, ensuring ongoing production capacity and economic viability of existing assets.
- Risk Advisory: Hilcorp noted that the 2026 plan may be revised based on changes in underlying assumptions, and actual capital costs may vary from estimates, prompting investors to remain vigilant regarding oil and gas price volatility and other uncertainties.
Hilcorp's 2026 Capital Expenditure Plan Overview
- Capital Expenditure Plan: Hilcorp Energy Company estimates its 2026 capital expenditures for the San Juan Basin to be approximately $14 million, a significant increase from the $9 million budgeted for 2025, indicating strong confidence and investment intent in future projects.
- Project Allocation Details: Of the 2026 budget, $11.5 million will be allocated to nine new vertical drilling projects and six new horizontal drilling projects, primarily in the Mesaverde, Mancos, and Dakota formations, aimed at enhancing production and resource development efficiency.
- Recompletions and Facility Investments: Approximately $2 million will be allocated to 17 recompletion and workover projects, while $0.5 million will be directed towards facilities related to natural gas compression and other projects, indicating a focus on enhancing existing assets while expanding infrastructure.
- Risks and Uncertainties: Hilcorp emphasizes that the 2026 plan may be revised based on underlying assumptions, and actual capital costs may vary from estimates, reflecting the impact of external factors such as oil and gas price volatility and regulatory risks.
Thursday's Top Performers: Metals & Mining, Rental, Leasing, and Royalty Stocks
Market Performance: Rental, leasing, and royalty shares have shown relative strength, increasing by approximately 1.1% overall, with notable gains from San Juan Basin Royalty Trust (up 6.6%) and Permianville Royalty Trust (up 3.3%) on Thursday.
Sector Leaders: The video highlights Thursday's sector leaders, focusing on the Metals & Mining and Rental, Leasing, & Royalty stocks.
San Juan Basin Royalty Trust (SJT) Declined This Week. Here is Why.
Share Price Decline: The share price of San Juan Basin Royalty Trust (NYSE:SJT) dropped by 14.13% from June 18 to June 25, 2025, following the announcement that no monthly cash distribution would be made for June due to excess production costs.
Financial Impact: The Trust will not receive royalty income until it pays off excess production costs of approximately $14.77 million, which were incurred from drilling new wells, leading to a halt in cash distributions to unitholders until future net proceeds are sufficient.
San Juan Basin Royalty Trust Declares No Cash Distribution for June 2025
Trust Distribution Update: Argent Trust Company announced that the San Juan Basin Royalty Trust will not declare a monthly cash distribution to unit holders due to excess production costs from Hilcorp's drilling activities, with cumulative excess costs currently at approximately $14.8 million.
Financial Management and Future Outlook: The Trust has established a line of credit to manage administrative expenses during revenue shortfalls and plans to resume distributions once net proceeds are sufficient to cover liabilities and replenish reserves.
