Tue, Sep 30, 2014, 3:35 AM EDT - U.S. Markets open in 5 hrs 55 mins


% | $
Quotes you view appear here for quick access.

San Juan Basin Royalty Trust Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • rrb1981 rrb1981 Apr 24, 2012 12:58 PM Flag

    Weak hands

    SJT is primarily dry gas and monthly distributions are usually 2 months in arrears. So, we are getting royalties on gas sold 2 months ago. Gas has dropped since then, and give it 6 more months, with declining capex, volumes will taper off with no new wells coming online to offset natural decline, or at least, minimal wells coming online.

    Once the reality sets in of $.05/ and $/.06 per month distributions sets in, the price will start to drift down, only tempered by the hope of rising gas prices.

    I think if you buy SJT at $10/unit, you will receive a nice yield and have the potential for higher distributions and higher prices when gas rebounds to $3/mcf - $4/mcf. Patience. Wait for it to drop, then have the courage to buy when gas pricing looks its ugliest.

19.18+0.18(+0.95%)Sep 29 4:02 PMEDT

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.
GoPro, Inc.
NasdaqGSMon, Sep 29, 2014 4:15 PM EDT
Cyber-Ark Software Ltd.
NasdaqGSMon, Sep 29, 2014 4:00 PM EDT