SJT trust weighs USD 2 million credit line: what it means for San Juan Basin Royalty Trust stock

Published on 10/14/2026 at 04:30 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

USD 1.08 million was outstanding on September 18, 2026. For San Juan Basin Royalty Trust stock, royalty income was USD 0 in the second quarter of 2026.

Liquidity and reporting dates

The trustee outlined a USD 2 million credit facility on September 28, 2026.
Royalty income was USD 0 in the second quarter of 2026.
San Juan Basin Royalty Trust stock was last at USD 4.43 on NYSE on October 13, 2026 at 4:00 p.m. EDT.
The credit facility matures on May 21, 2027.

SJT, US7982411057, Illustration mit AI erstellt.

SJT trust is weighing a USD 2 million credit facility as liquidity remains central to San Juan Basin Royalty Trust's outlook. In a September 28, 2026 update, StockTitan reported that the facility had USD 1,075,400 outstanding as of September 18, 2026 and matures on May 21, 2027.

Three liquidity milestones

The chronology shows how quickly the trust's cash position became the central issue. On July 21, 2026, the trust decided against declaring a monthly cash distribution because excess production costs and low natural gas prices continued to absorb available proceeds, according to MetaTrader.

On September 18, 2026, the outstanding balance on the Texas Bank facility stood at USD 1,075,400. On September 28, 2026, the trustee said it was discussing an extension, renewal or replacement while evaluating other financing sources, according to StockTitan.

What does liquidity require?

The second-quarter report puts the financing pressure in operating terms. Royalty income was USD 0 for the three months ended June 30, 2026, while distributable loss reached USD 193,957, according to MetaTrader.

Excess production costs rose to USD 9,258,749 gross, or USD 6,944,062 net to the trust, as of June 30, 2026. The report also said general and administrative expenses fell 49.30 percent year over year for the three-month period, but that reduction has not offset the lack of royalty income.

Two dates shape the outlook

The trust expects national newswire distribution to resume with its October 2026 monthly release, according to StockTitan. The next dated financing milestone is May 21, 2027, when the USD 2 million Texas Bank facility matures.

NYSE quote and valuation context

The last available NYSE quote was USD 4.43 for San Juan Basin Royalty Trust on October 13, 2026 at 4:00 p.m. EDT. Its market capitalization was USD 206.5 million, and its 52-week range was USD 2.37 to USD 6.55 as of the same quote snapshot.