San Juan Basin Royalty Trust Declares No Cash Distribution for January 2026.

San Juan Basin Royalty Trust has announced that it will not declare a monthly cash distribution due to excess production costs and low natural gas pricing. The balance of cumulative excess production costs is approximately $7,511,080 gross, a decrease in the deficit of $927,000. The Trustee, Argent Trust Company, reports that the excess production costs occurred during prior periods for the Trust's royalty interest.