San Juan Basin Royalty Trust (NYSE:SJT)

CAPS Rating: 2 out of 5

The Trust is an express trust that periodically holds short-term investments acquired with funds held by the Trust pending distribution to Unit Holders and funds held in reserve for the payment of Trust expenses and liabilities.

Recs

5
Player Avatar heartvet (42.90) Submitted: 7/4/2007 6:36:10 PM : Underperform Start Price: $19.99 SJT Score: +45.53

Natural gas relative to oil is low priced, clean and less carbon producing. It's historical price relative to oil will increase. The San Juan Basin is stable low cost producing area for natural gas. Reserves are among the longest in the US. The monthly income is high and likely to grow. There are no uncertain tax prospects as there are with the Canadian royalty trusts.

Report this Post 3 Replies
Member Avatar freshprince5000 (< 20) Submitted: 11/7/2007 5:47:00 AM
Recs: 0

Nice post-

Member Avatar blake303 (29.30) Submitted: 5/28/2008 12:37:51 AM
Recs: 3

Sounds like a bullish pitch to me.

Member Avatar ATX512 (< 20) Submitted: 5/10/2009 1:51:54 AM
Recs: 0

I thought this is a US Oil & Gas Trust not Canadian, also US Oil & Gas Trusts can not acquire new resources once it's depleted it's over. Unlike Canadian ones, they can re-supply through acquiring new land and wells, etc....

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