Added to YB: 2025-05-23
Pitch date: 2025-05-22
SJT [neutral]
San Juan Basin Royalty Trust
-17.82%
current return
Author Info
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Company Info
San Juan Basin Royalty Trust operates as an express trust in Texas. The company has a 75% net overriding royalty interest in Southland's oil and natural gas interests in properties located in the San Juan Basin in northwestern New Mexico.
Market Cap
$300.2M
Pitch Price
$6.96
Price Target
N/A
Dividend
N/A
EV/EBITDA
N/A
P/E
-1.1K
EV/Sales
12.2K
Sector
Oil, Gas and Consumable Fuels
Category
dividend
Undervalued Royalty Play?
SJT (overview): 75% royalty interest on San Juan Basin gas properties, no operations/capex. 17% yield at current price. 97% profit margin with full payout structure. Gas volume +28% YoY, price +46%. 10%+ yield at normalized capex, potential 17% at $4 gas. Risks: dependent on Hilcorp operations, gas price exposure. Recent excess production costs offset distributions. 5yr CAGR 18%.
Read full article (4 min)