San Juan Basin Royalty Stock (NYSE:SJT), Trade Ideas

San Juan Basin Royalty

San Juan Basin Royalty Trust is an energy sector royalty trust in the United States. It owns approximately 75% net profit interest in a large number of natural gas properties in the San Juan Basin of New Mexico. About 98% of the royalties San Juan collects come from natural gas, with the balance coming from oil.

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U.S. stocks traded lower, with the Dow Jones dropping over 100 points on Tuesday. Here are some big stocks recording losses in today’s session.

Ericsson, Johnson &amp; Johnson, Goldman Sachs And Other Big Stocks Moving Lower On Tuesday

San Juan Basin Royalty Trust Common Stock

San Juan Basin Royalty Trust

<p>San Juan Basin Royalty (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SJT#NYSE">SJT</a>) reported quarterly earnings of $0.08 per share. This is a 87.1 percent decrease over earnings of $0.62 per share from the same period last year.  The company reported $4.01 million in sales this quarter. This is a 86.21 percent decrease over sales of $29.09 million the same period last year.</p>


Earnings

San Juan Basin Royalty Q4 EPS $0.08 Down From $0.62 YoY, Sales $4.01M Down From $29.09M YoY

<p>The most oversold stocks in the energy sector presents an opportunity to buy into undervalued companies.</p>
<p>The RSI is a momentum indicator, which compares a stock&#39;s strength on days when prices go up to its strength on days when prices go down. When compared to a stock&#39;s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the <a href="https://www.benzinga.com/topic/rsi"> RSI is below 30</a>, according to <a href="https://pro.benzinga.com/"> Benzinga Pro</a>.</p>
<p>Here&rsquo;s the latest list of major oversold players in this sector, having an RSI near or below 30.</p>
<h3><strong>San Juan Basin Royalty Trust </strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/sjt#NYSE">SJT</a>)</h3>
<ul>
<li>On Sept. 7, San Juan Basin Royalty Trust reached a settlement agreement with Hilcorp for $1.04 million. The company&rsquo;s stock fell around 25% over the past month and has a <a href="https://www.benzinga.com/quote/SJT"><em>52-week low of $4.93 </em></a>.</li>
<li><strong>RSI Value:</strong> 28.71</li>
<li><strong>SJT Price Action: </strong> Shares of San Juan Basin Royalty Trust gained 2% to close at $5.13 on Thursday.</li>
</ul>
<h3><strong>Hallador Energy Company </strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/hnrg#NASDAQ">HNRG</a>)</h3>
<ul>
<li>On Nov. 6, Hallador Energy posted downbeat quarterly earnings. Brent Bilsland, President and Chief Executive Officer, stated, &quot;High coal sales prices coupled with large coal shipment volumes lead to record coal revenue. Our well-contracted sales book supported our revenue growth despite operational challenges, increasing our cost per ton during the quarter.&quot; The company&rsquo;s stock fell around 28% over the past month. It <a href="https://www.benzinga.com/quote/HNRG"><em> has a 52-week low </em></a> of $6.87.</li>
<li><strong>RSI Value:</strong> 22.44</li>
<li><strong>HNRG Price Action: </strong> Shares of Hallador Energy fell 0.6% to close at $8.95 on Thursday.</li>
</ul>
<h3><strong>Permianville Royalty Trust</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/pvl#NYSE">PVL</a>)</h3>
<ul>
<li>On Dec. 18, Permianville Royalty Trust reported monthly operational update. The company&rsquo;s stock fell around 25% over the past month and has a 52-week <a href="https://www.benzinga.com/quote/PVL"><em> low of $1.46.</em></a></li>
<li><strong>RSI Value:</strong> 27.98</li>
<li><strong>PVL Price Action: </strong> Shares of Permianville Royalty Trust fell 1.4% to close at $1.46 on Thursday.</li>
</ul>
<p>&nbsp;</p>
<p>Read More: <a href="https://www.benzinga.com/trading-ideas/long-ideas/23/12/36411138/insiders-buying-iterum-therapeutics-and-3-other-stocks-under-3"><em> Insiders Buying Iterum Therapeutics And 3 Other Stocks Under $3 </em></a></p>


<h3>Understanding Value Stocks</h3>
<p>A value stock traditionally has a lower price when compared to stock prices of companies in the same industry. This indicates that the company may be undervalued, as investors are not expressing as much interest in such companies. The most commonly used way to check for value is with the price-to-earnings multiple, or P/E. A low P/E multiple is a good indication that the stock is undervalued. </p>
<h2>Benzinga Insights has compiled a list of value stocks in the energy sector that may be worth watching:</h2>
<ol>
<li><strong>PrimeEnergy Resources</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PNRG#NASDAQ">PNRG</a>) - P/E: 7.79</li>
<li><strong>RPC</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RES#NYSE">RES</a>) - P/E: 6.72</li>
<li><strong>ProPetro Holding</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PUMP#NYSE">PUMP</a>) - P/E: 8.29</li>
<li><strong>San Juan Basin Royalty</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SJT#NYSE">SJT</a>) - P/E: 3.06</li>
<li><strong>SilverBow Resources</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SBOW#NYSE">SBOW</a>) - P/E: 2.19</li>
</ol>
<p>This quarter, PrimeEnergy Resources experienced an increase in earnings per share, which was $3.82 in Q2 and is now $4.13. RPC has reported Q3 earnings per share at $0.08, which has decreased by 73.33% compared to Q2, which was 0.3. Its most recent dividend yield is at 1.84%, which has increased by 0.05% from 1.79% in the previous quarter.</p>
<p>Most recently, ProPetro Holding reported earnings per share at $0.31, whereas in Q2 earnings per share sat at $0.34. San Juan Basin Royalty's earnings per share for Q3 sits at $0.08, whereas in Q2, they were at 0.17. The company's most recent dividend yield sits at 2.61%, which has decreased by 0.18% from 2.79% last quarter. </p>
<p>SilverBow Resources saw an increase in earnings per share from 1.1 in Q2 to $2.94 now. </p>
<p><strong>The Significance:</strong> A value stock may need some time to rebound from its undervalued position. The risk of investing in a value stock is that this emergence may never materialize.</p>


PNRG

PUMP

SBOW

A Look Into Energy Sector Value Stocks

<p>The most oversold stocks in the energy sector presents an opportunity to buy into undervalued companies.</p>
<p>The RSI is a momentum indicator, which compares a stock&#39;s strength on days when prices go up to its strength on days when prices go down. When compared to a stock&#39;s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the <a href="https://www.benzinga.com/topic/rsi"> RSI is below 30</a>, according to <a href="https://pro.benzinga.com/"> Benzinga Pro</a>.</p>
<p>Here&rsquo;s the latest list of major oversold players in this sector, having an RSI near or below 30.</p>
<h3><strong>San Juan Basin Royalty Trust </strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/sjt#NYSE">SJT</a>)</h3>
<ul>
<li>On Sept. 7, San Juan Basin Royalty Trust reached a settlement agreement with Hilcorp for $1.04 million. The company&rsquo;s stock fell around 24% over the past month and has a <a href="https://www.benzinga.com/quote/SJT"><em>52-week low of $5.30 </em></a>.</li>
<li><strong>RSI Value:</strong> 21.55</li>
<li><strong>SJT Price Action: </strong> Shares of San Juan Basin Royalty Trust fell 0.7% to close at $5.46 on Wednesday.</li>
</ul>
<h3><strong>U.S. Energy Corp. </strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/useg#NASDAQ">USEG</a>)</h3>
<ul>
<li>On Nov. 13, U.S. Energy posted a loss for the third quarter. The company&rsquo;s stock fell around 20% over the past month. It <a href="https://www.benzinga.com/quote/USEG"><em> has a 52-week low </em></a> of $0.83.</li>
<li><strong>RSI Value:</strong> 25.82</li>
<li><strong>USEG Price Action: </strong> Shares of U.S. Energy gained 3.8% to close at $0.9550 on Wednesday.</li>
</ul>
<h3><strong>Drilling Tools International Corp. </strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/dti#NASDAQ">DTI</a>)</h3>
<ul>
<li>On Nov. 13, the company reported a decline in EPS for the third quarter. The company&rsquo;s stock fell around 12% over the past month and has a 52-week <a href="https://www.benzinga.com/quote/DTI"><em> low of $3.25.</em></a></li>
<li><strong>RSI Value:</strong> 25.72</li>
<li><strong>DTI Price Action: </strong> Shares of Drilling Tools International fell 0.9% to close at $3.27 on Wednesday.</li>
</ul>
<h3><strong>Permian Basin Royalty Trust </strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/pbt#NYSE">PBT</a>)</h3>
<ul>
<li>The company&rsquo;s shares lost around 22% over the past month. The company&rsquo;s 52-week low is $14.41.</li>
<li><strong>RSI Value:</strong> 23.68</li>
<li><strong>PBT Price Action: </strong> Shares of Permian Basin Royalty Trust fell 0.5% to close at $14.72 on Wednesday.</li>
</ul>
<p>&nbsp;</p>
<p>Read More: <a href="https://www.benzinga.com/news/earnings/23/12/36231450/lennar-gears-up-for-q4-print-heres-a-look-at-recent-price-target-changes-by-the-most-accurate-analy"><em> Lennar Gears Up For Q4 Print; Here&#39;s A Look At Recent Price Target Changes By The Most Accurate Analysts </em></a></p>


<p>Friday marks the last chance for investors to receive the next  dividend payout from <strong>San Juan Basin Royalty</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SJT#NYSE">SJT</a>). </p>
<h3>What's Happening</h3>
<p>The company announced on Friday that it would pay shareholders a monthly dividend of 4.87 cents per share. On Monday, San Juan Basin Royalty will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 4.87 cents lower than it would have opened on any other day.</p>
<p>In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Monday. Shareholders who own SJT as of the end of Friday's session are eligible to receive the 4.87 cents dividend payout for every share that they own. </p>
<p>According to the company, this dividend will be paid out to shareholders on November 14, 2023. Investors will then be able to either reinvest those dividends back into the stock or use the payment in some other way. </p>
<p>To read more news on San Juan Basin Royalty <a href="https://www.benzinga.com/stock//">click here</a></p>
<p><a href="https://www.benzinga.com/calendars/dividends">Click here</a> to visit our Dividends Calendar.  </p>


Dividends

Friday Is Your Last Chance To Buy San Juan Basin Royalty Before The Dividend Payout

<h3>What are Value Stocks?</h3>
<p>A value stock traditionally has a lower price when compared to stock prices of companies in the same industry. This indicates that the company may be undervalued, as investors are not expressing as much interest in such companies. The most commonly used way to check for value is with the price-to-earnings multiple, or P/E. A low P/E multiple is a good indication that the stock is undervalued. </p>
<h2>Benzinga Insights has compiled a list of value stocks in the energy sector that may be worth watching:</h2>
<ol>
<li><strong>Ranger Energy Services</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RNGR#NYSE">RNGR</a>) - P/E: 9.64</li>
<li><strong>Granite Ridge Resources</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GRNT#NYSE">GRNT</a>) - P/E: 4.45</li>
<li><strong>PBF Energy</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PBF#NYSE">PBF</a>) - P/E: 1.99</li>
<li><strong>W&amp;T Offshore</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WTI#NYSE">WTI</a>) - P/E: 4.79</li>
<li><strong>San Juan Basin Royalty</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SJT#NYSE">SJT</a>) - P/E: 3.69</li>
</ol>
<p>Ranger Energy Services's earnings per share for Q2 sits at $0.24, whereas in Q1, they were at 0.25. Granite Ridge Resources has reported Q2 earnings per share at $0.19, which has decreased by 9.52% compared to Q1, which was 0.21. Most recently, the company reported a dividend yield of 5.64%, which has decreased by 2.65% from last quarter's yield of 8.29%.</p>
<p>Most recently, PBF Energy reported earnings per share at $2.29, whereas in Q1 earnings per share sat at $2.76. The company's most recent dividend yield sits at 1.69%, which has decreased by 0.86% from 2.55% last quarter. </p>
<p>This quarter, W&amp;T Offshore experienced a decrease in earnings per share, which was $-0.02 in Q1 and is now $-0.08. Most recently, San Juan Basin Royalty reported earnings per share at $0.17, whereas in Q1 earnings per share sat at $0.77. Most recently, the company reported a dividend yield of 9.45%, which has increased by 5.87% from last quarter's yield of 3.58%.</p>
<p><strong>The Significance:</strong> A value stock may need some time to rebound from its undervalued position. The risk of investing in a value stock is that this emergence may never materialize.</p>


GRNT

RNGR

5 Value Stocks In The Energy Sector

<p>Wednesday marks the last chance for investors to receive the next  dividend payout from <strong>San Juan Basin Royalty</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SJT#NYSE">SJT</a>). </p>
<h3>What's Happening</h3>
<p>The company announced on Tuesday that it would pay shareholders a monthly dividend of 5.38 cents per share. On Thursday, San Juan Basin Royalty will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 5.38 cents lower than it would have opened on any other day.</p>
<p>In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Thursday. Shareholders who own SJT as of the end of Wednesday's session are eligible to receive the 5.38 cents dividend payout for every share that they own. </p>
<p>According to the company, this dividend will be paid out to shareholders on October 16, 2023. Investors will then be able to either reinvest those dividends back into the stock or use the payment in some other way. </p>
<p><a href="https://www.benzinga.com/quote/SJT">Monitor live stock price updates for San Juan Basin Royalty on Benzinga.</a></p>


Wednesday Is Your Last Chance To Buy San Juan Basin Royalty Before The Dividend Payout

San Juan Basin Royalty Trust Earlier Announced PNC Bank, National Association Signs An Agreement Of Conditional Resignation With Argent Trust Company

<p>By the close of today, September 07, 2023, <b>GeoPark (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GPRK#NYSE">GPRK</a>)</b> will issue a dividend payout of $0.13 per share, resulting in an annualized dividend yield of 5.43%. This payout is exclusively for shareholders who held the stock before the ex-dividend date on August 23, 2023.</p>
<h3>GeoPark Recent Dividend Payouts</h3>
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<thead>
<tr>
<th><strong>Ex-Date</strong></th>
<th align="right"><strong>Payments per year</strong></th>
<th><strong>Dividend</strong></th>
<th><strong>Yield</strong></th>
<th><strong>Announced</strong></th>
<th><strong>Record</strong></th>
<th><strong>Payable</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>2023-08-23</td>
<td align="right">4</td>
<td>$0.13</td>
<td>5.43%</td>
<td>2023-08-09</td>
<td>2023-08-24</td>
<td>2023-09-07</td>
</tr>
<tr>
<td>2023-05-17</td>
<td align="right">4</td>
<td>$0.13</td>
<td>4.98%</td>
<td>2023-05-03</td>
<td>2023-05-18</td>
<td>2023-05-31</td>
</tr>
<tr>
<td>2023-03-21</td>
<td align="right">4</td>
<td>$0.13</td>
<td>3.95%</td>
<td>2023-03-08</td>
<td>2023-03-22</td>
<td>2023-03-31</td>
</tr>
<tr>
<td>2022-11-22</td>
<td align="right">4</td>
<td>$0.13</td>
<td>3.34%</td>
<td>2022-11-09</td>
<td>2022-11-23</td>
<td>2022-12-07</td>
</tr>
<tr>
<td>2022-08-24</td>
<td align="right">4</td>
<td>$0.13</td>
<td>4.52%</td>
<td>2022-08-10</td>
<td>2022-08-25</td>
<td>2022-09-08</td>
</tr>
<tr>
<td>2022-05-25</td>
<td align="right">4</td>
<td>$0.08</td>
<td>2.23%</td>
<td>2022-05-11</td>
<td>2022-05-26</td>
<td>2022-06-10</td>
</tr>
<tr>
<td>2022-03-23</td>
<td align="right">4</td>
<td>$0.08</td>
<td>2.21%</td>
<td>2022-03-09</td>
<td>2022-03-24</td>
<td>2022-03-31</td>
</tr>
<tr>
<td>2021-11-22</td>
<td align="right">4</td>
<td>$0.04</td>
<td>1.13%</td>
<td>2021-11-10</td>
<td>2021-11-23</td>
<td>2021-12-07</td>
</tr>
<tr>
<td>2021-08-16</td>
<td align="right">4</td>
<td>$0.04</td>
<td>1.36%</td>
<td>2021-08-04</td>
<td>2021-08-17</td>
<td>2021-08-31</td>
</tr>
<tr>
<td>2021-05-14</td>
<td align="right">4</td>
<td>$0.02</td>
<td>0.53%</td>
<td>2021-05-05</td>
<td>2021-05-17</td>
<td>2021-05-28</td>
</tr>
<tr>
<td>2021-03-30</td>
<td align="right">4</td>
<td>$0.02</td>
<td>0.47%</td>
<td>2021-03-11</td>
<td>2021-03-31</td>
<td>2021-04-13</td>
</tr>
<tr>
<td>2020-11-19</td>
<td align="right">4</td>
<td>$0.02</td>
<td>1.2%</td>
<td>2020-11-04</td>
<td>2020-11-20</td>
<td>2020-12-09</td>
</tr>
</tbody>
</table>
<p>When comparing GeoPark's dividend yield against its industry peers, the company sits comfortably in the middle, with its peer <b>San Juan Basin Royalty (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SJT#NYSE">SJT</a>)</b> having the highest annualized dividend yield at 26.03%.</p>
<h3>Analyzing GeoPark Financial Health</h3>
<p>Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing. </p>
<h3>YoY Growth in Dividend Per Share</h3>
<p><img src="https://www.benzinga.com/files/images/story/2023/1694099134_0.png" alt="dividend chart graph" /></p>
<p>The company demonstrated a positive dividend growth pattern from 2020 to 2022, with the dividend per share rising from $0.09 to $0.42. This signifies the company's commitment to consistently increasing shareholder dividends.</p>
<h3>YoY Earnings Growth For GeoPark</h3>
<p><img src="https://www.benzinga.com/files/images/story/2023/1694099134_1.png" alt="earning chart graph" /></p>
<p>Investors can observe a growth in earnings for GeoPark from 2020 to 2022, as earnings per share increased from $1.44 to $3.48. This upward trajectory in earnings indicates potential for future cash dividend payout increases, which can be advantageous for income-seeking investors.</p>
<h3>Recap</h3>
<p>In this article, we explore the recent dividend payout of GeoPark and its significance for shareholders. The company has decided to distribute a dividend of $0.13 per share today, which equates to an annualized dividend yield of 5.43%.</p>
<p>When comparing GeoPark's dividend yield against its industry peers, the company sits comfortably in the middle, with its peer San Juan Basin Royalty having the highest annualized dividend yield at 26.03%.</p>
<p>Given that GeoPark has experienced an increase in dividend per share from 2020 to 2022 along with an increase in earnings per share, it could signal that the company is in good financial standing and that they could be positioned to continue distributing their profits back to their investors.</p>
<p>To stay informed about changes in financials or dividend disbursements, investors should pay close attention to the company's performance in the upcoming quarters.</p>
<p>[Track real-time stock fluctuations for GeoPark on Benzinga.](https://www.benzinga.com/quote/<b>GeoPark (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/gprk#NYSE">GPRK</a>)</b>)</p>
<p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>


GPRK

Sustaining Growth Momentum: GeoPark Continues to Excel and Reports Rising Profits

San Juan Basin Royalty Trust Reaches Settlement Agreement With Hilcorp For $1.04M

<p>By the close of today, August 30, 2023, <b>North European Oil (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NRT#NYSE">NRT</a>)</b> will issue a dividend payout of $0.21 per share, resulting in an annualized dividend yield of 5.61%. This payout is exclusively for shareholders who held the stock before the ex-dividend date on August 17, 2023.</p>
<h3>North European Oil Recent Dividend Payouts</h3>
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<thead>
<tr>
<th><strong>Ex-Date</strong></th>
<th align="right"><strong>Payments per year</strong></th>
<th><strong>Dividend</strong></th>
<th><strong>Yield</strong></th>
<th><strong>Announced</strong></th>
<th><strong>Record</strong></th>
<th><strong>Payable</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>2023-08-17</td>
<td align="right">4</td>
<td>$0.21</td>
<td>5.61%</td>
<td>2023-07-31</td>
<td>2023-08-18</td>
<td>2023-08-30</td>
</tr>
<tr>
<td>2023-05-18</td>
<td align="right">4</td>
<td>$1.05</td>
<td>30.61%</td>
<td>2023-04-28</td>
<td>2023-05-19</td>
<td>2023-05-31</td>
</tr>
<tr>
<td>2023-02-16</td>
<td align="right">4</td>
<td>$1.0</td>
<td>25.56%</td>
<td>2023-01-31</td>
<td>2023-02-17</td>
<td>2023-02-28</td>
</tr>
<tr>
<td>2022-11-17</td>
<td align="right">4</td>
<td>$0.74</td>
<td>19.6%</td>
<td>2022-10-31</td>
<td>2022-11-18</td>
<td>2022-11-30</td>
</tr>
<tr>
<td>2022-08-18</td>
<td align="right">4</td>
<td>$0.46</td>
<td>11.45%</td>
<td>2022-07-29</td>
<td>2022-08-19</td>
<td>2022-08-31</td>
</tr>
<tr>
<td>2022-05-12</td>
<td align="right">4</td>
<td>$0.38</td>
<td>7.68%</td>
<td>2022-04-29</td>
<td>2022-05-13</td>
<td>2022-05-25</td>
</tr>
<tr>
<td>2022-02-10</td>
<td align="right">4</td>
<td>$0.25</td>
<td>8.57%</td>
<td>2022-01-31</td>
<td>2022-02-11</td>
<td>2022-02-23</td>
</tr>
<tr>
<td>2021-11-10</td>
<td align="right">4</td>
<td>$0.14</td>
<td>5.47%</td>
<td>2021-10-29</td>
<td>2021-11-12</td>
<td>2021-11-24</td>
</tr>
<tr>
<td>2021-08-12</td>
<td align="right">4</td>
<td>$0.15</td>
<td>8.31%</td>
<td>2021-07-30</td>
<td>2021-08-13</td>
<td>2021-08-25</td>
</tr>
<tr>
<td>2021-05-13</td>
<td align="right">4</td>
<td>$0.14</td>
<td>10.65%</td>
<td>2021-04-30</td>
<td>2021-05-14</td>
<td>2021-05-26</td>
</tr>
<tr>
<td>2021-02-11</td>
<td align="right">4</td>
<td>$0.04</td>
<td>4.1%</td>
<td>2021-01-29</td>
<td>2021-02-12</td>
<td>2021-02-24</td>
</tr>
<tr>
<td>2020-11-12</td>
<td align="right">4</td>
<td>$0.02</td>
<td>2.64%</td>
<td>2020-10-30</td>
<td>2020-11-13</td>
<td>2020-11-25</td>
</tr>
</tbody>
</table>
<p>North European Oil's dividend yield falls in the middle range when compared to its industry peers, with <b>San Juan Basin Royalty (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SJT#NYSE">SJT</a>)</b> having the highest annualized dividend yield at 24.30%.</p>
<h3>Analyzing North European Oil Financial Health</h3>
<p>Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing. </p>
<h3>YoY Growth in Dividend Per Share</h3>
<p><img src="https://www.benzinga.com/files/images/story/2023/1693407932_0.png" alt="dividend chart graph" /></p>
<p>Investors witnessed an upward trajectory in the company's dividend per share between 2019 and 2022. The dividend per share rose from $0.82 to $1.83, indicating the company's dedication to enhancing shareholder value through increased dividends.</p>
<h3>YoY Earnings Growth For North European Oil</h3>
<p><img src="https://www.benzinga.com/files/images/story/2023/1693407932_1.png" alt="earning chart graph" /></p>
<p>Investors can observe a growth in earnings for North European Oil from 2019 to 2022, as earnings per share increased from $0.82 to $1.83. This upward trajectory in earnings indicates potential for future cash dividend payout increases, which can be advantageous for income-seeking investors.</p>
<h3>Recap</h3>
<p>This article takes an in-depth look at North European Oil's recent dividend payout and its implications for shareholders. The company is currently distributing a dividend of $0.21 per share today, translating to an annualized dividend yield of 5.61%.</p>
<p>North European Oil's dividend yield falls in the middle range when compared to its industry peers, with San Juan Basin Royalty having the highest annualized dividend yield at 24.30%.</p>
<p>Given that North European Oil has experienced an increase in dividend per share from 2019 to 2022 along with an increase in earnings per share, it could signal that the company is in good financial standing and that they could be positioned to continue distributing their profits back to their investors.</p>
<p>To stay well-informed about potential changes in financials or dividend disbursements, investors should closely observe the company's performance in the upcoming quarters.</p>
<p>[Monitor live stock price updates for North European Oil on Benzinga.](https://www.benzinga.com/quote/<b>North European Oil (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/nrt#NYSE">NRT</a>)</b>)</p>
<p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>


Thriving with Robust Performance: North European Oil Delivers Growing Profits to Investors

<p>Thursday marks the last chance for investors to receive the next  dividend payout from <strong>San Juan Basin Royalty</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SJT#NYSE">SJT</a>). </p>
<h3>What's Happening</h3>
<p>The company announced on Friday that it would pay shareholders a monthly dividend of 1.02 cents per share. On Friday, San Juan Basin Royalty will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 1.02 cents lower than it would have opened on any other day.</p>
<p>In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Friday. Shareholders who own SJT as of the end of Thursday's session are eligible to receive the 1.02 cents dividend payout for every share that they own. </p>
<p>According to the company, this dividend will be paid out to shareholders on August 14, 2023. Investors will then be able to either reinvest those dividends back into the stock or use the payment in some other way. </p>
<p><a href="https://www.benzinga.com/stock//dividends">Click here</a> to find details on San Juan Basin Royalty's previous dividends.</p>
<p>To keep track of which companies are distributing dividends, <a href="https://www.benzinga.com/calendars/dividends">click here</a> to visit our Dividends Calendar.  </p>


Thursday Is Your Last Chance To Buy San Juan Basin Royalty Before The Dividend Payout

<h3>What Defines a Value Stock?</h3>
<p>A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company's future growth prospects. Low P/E multiples are good base indicators that the company is undervalued and can most likely be labelled as a value stock. </p>
<h2>Below is a list of notable value stocks in the energy sector:</h2>
<ol>
<li><strong>YPF</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/YPF#NYSE">YPF</a>) - P/E: 3.34</li>
<li><strong>Amplify Energy</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMPY#NYSE">AMPY</a>) - P/E: 0.57</li>
<li><strong>San Juan Basin Royalty</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SJT#NYSE">SJT</a>) - P/E: 3.45</li>
<li><strong>Kimbell Royalty Partners</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KRP#NYSE">KRP</a>) - P/E: 6.49</li>
<li><strong>Nine Energy Service</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NINE#NYSE">NINE</a>) - P/E: 6.57</li>
</ol>
<p>YPF saw a decrease in earnings per share from 1.19 in Q4 to $0.87 now. The company's most recent dividend yield sits at 1.0%, which has increased by 0.47% from 0.53% last quarter. </p>
<p>Most recently, Amplify Energy reported earnings per share at $0.21, whereas in Q4 earnings per share sat at $0.74. The company's most recent dividend yield sits at 9.62%, which has decreased by 0.89% from 10.51% last quarter. </p>
<p>This quarter, San Juan Basin Royalty experienced an increase in earnings per share, which was $0.62 in Q4 and is now $0.77. Most recently, the company reported a dividend yield of 7.49%, which has decreased by 4.52% from last quarter's yield of 12.01%.</p>
<p>Kimbell Royalty Partners has reported Q1 earnings per share at $0.36, which has decreased by 25.0% compared to Q4, which was 0.48. Most recently, the company reported a dividend yield of 8.96%, which has decreased by 4.2% from last quarter's yield of 13.16%.</p>
<p>This quarter, Nine Energy Service experienced a decrease in earnings per share, which was $0.29 in Q4 and is now $0.01. </p>
<p>These 5 value stocks were selected by <strong>Benzinga Insights</strong> based on quantified analysis. While this methodical judgment process is not meant to make final decisions, our technology can give investors additional perception into the sector.</p>


AMPY

NINE

WIIM

ACDC

CIVI

TRMD

Shares of energy companies are trading lower as investors assess China's recent interest rate cuts, which the country's central bank undertook in order to stimulate the country's economic recovery.

<h3>What Defines a Value Stock?</h3>
<p>A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company's future growth prospects. Low P/E multiples are good base indicators that the company is undervalued and can most likely be labelled as a value stock. </p>
<h2>Benzinga Insights has compiled a list of value stocks in the energy sector that may be worth watching:</h2>
<ol>
<li><strong>San Juan Basin Royalty</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SJT#NYSE">SJT</a>) - P/E: 3.8</li>
<li><strong>ProFrac Holding</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ACDC#NASDAQ">ACDC</a>) - P/E: 5.4</li>
<li><strong>Ring Energy</strong> (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/REI#AMEX">REI</a>) - P/E: 1.56</li>
<li><strong>Petrobras Brasileiro</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PBR#NYSE">PBR</a>) - P/E: 2.13</li>
<li><strong>Northern Oil &amp; Gas</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOG#NYSE">NOG</a>) - P/E: 1.89</li>
</ol>
<p>Most recently, San Juan Basin Royalty reported earnings per share at $0.77, whereas in Q4 earnings per share sat at $0.62. Its most recent dividend yield is at 12.01%, which has decreased by 36.1% from 48.11% in the previous quarter.</p>
<p>ProFrac Holding has reported Q1 earnings per share at $0.4, which has decreased by 51.22% compared to Q4, which was 0.82. Ring Energy has reported Q1 earnings per share at $0.14, which has increased by 7.69% compared to Q4, which was 0.13. Most recently, Petrobras Brasileiro reported earnings per share at $1.12, whereas in Q4 earnings per share sat at $1.26. The company's most recent dividend yield sits at 57.65%, which has increased by 38.45% from 19.2% last quarter. </p>
<p>This quarter, Northern Oil &amp; Gas experienced an increase in earnings per share, which was $1.43 in Q4 and is now $1.76. Its most recent dividend yield is at 4.46%, which has increased by 0.2% from 4.26% in the previous quarter.</p>
<p>These 5 value stocks were selected by <strong>Benzinga Insights</strong> based on quantified analysis. While this methodical judgment process is not meant to make final decisions, our technology can give investors additional perception into the sector.</p>


5 Value Stocks To Watch In The Energy Sector

<p>U.S. stocks traded lower, with the Dow Jones dropping over 100 points on Tuesday. Here are some big stocks recording losses in today&rsquo;s session.</p>
<ul>
<li><strong>Relay Therapeutics, Inc.</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/rlay#NASDAQ">RLAY</a>) fell 11.5% to $16.12.</li>
<li><strong>Merus N.V.</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mrus#NASDAQ">MRUS</a>) dropped 10.8% to $21.35.</li>
<li><strong>FiscalNote Holdings, Inc.</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/note#NYSE">NOTE</a>) declined 10.3% to $2.42.</li>
<li><strong>Alignment Healthcare, Inc.</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/alhc#NASDAQ">ALHC</a>) dropped 9.4% to $5.98.</li>
<li><strong>San Juan Basin Royalty Trust</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/sjt#NYSE">SJT</a>) fell 8.8% to $9.45.</li>
<li><strong>BioCryst Pharmaceuticals, Inc.</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/bcrx#NASDAQ">BCRX</a>) dropped 8.6% to $7.38. BioCryst refinanced existing debt with $450 million financing commitment from Pharmakon.</li>
<li><strong>Solid Power, Inc.</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/sldp#NASDAQ">SLDP</a>) fell 8.4% to $2.50.</li>
<li><strong>Karyopharm Therapeutics Inc.</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/kpti#NASDAQ">KPTI</a>) dropped 7.6% to $4.24.</li>
<li><strong>Telefonaktiebolaget LM Ericsson (publ)</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/eric#NASDAQ">ERIC</a>) fell 7.2% to $5.49 after the company reported Q1 financial results. The company also announced CFO Carl Mellander will step down at the end of the Q1 2024.</li>
<li><strong>Novavax, Inc.</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/nvax#NASDAQ">NVAX</a>) dropped 6.4% to $8.85.</li>
<li><strong>CBL International Limited</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/banl#NASDAQ">BANL</a>) dropped 6.1% to $16.90.</li>
<li><strong>Johnson &amp; Johnson</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/jnj#NYSE">JNJ</a>) fell 2.3% to $161.84. Johnson &amp; Johnson reported better-than-expected Q1 results, raised its 2023 guidance and increased its quarterly dividend.</li>
<li><strong>The Goldman Sachs Group, Inc.</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/gs#NYSE">GS</a>) dropped 2.2% to $332.37 after the company reported mixed Q1 financial results.</li>
</ul>
<p>Check This Out: <a href="https://www.benzinga.com/markets/cryptocurrency/23/04/31857264/bitcoin-jumps-above-30-000-internet-computer-emerges-as-top-gainer"><em> Bitcoin Jumps Above $30,000; Internet Computer Emerges As Top Gainer</em></a></p>


Ericsson, Johnson & Johnson, Goldman Sachs And Other Big Stocks Moving Lower On Tuesday

<p>Wednesday marks the last chance for investors to receive the next  dividend payout from <strong>San Juan Basin Royalty</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SJT#NYSE">SJT</a>). </p>
<h3>What's Happening</h3>
<p>The company announced on Tuesday that it would pay shareholders a monthly dividend of 40.97 cents per share. On Thursday, San Juan Basin Royalty will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 40.97 cents lower than it would have opened on any other day.</p>
<p>In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Thursday. Shareholders who own SJT as of the end of Wednesday's session are eligible to receive the 40.97 cents dividend payout for every share that they own. </p>
<p>According to the company, this dividend will be paid out to shareholders on April 14, 2023. Investors will then be able to either reinvest those dividends back into the stock or use the payment in some other way. </p>
<p>To stay up-to-date with the companies that are announcing their dividends, <a href="https://www.benzinga.com/calendars/dividends">click here</a> to visit our Dividends Calendar.  </p>


San Juan Basin Royalty: Dividend Insights

<h3>What are Value Stocks?</h3>
<p>A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company's future growth prospects. Low P/E multiples are good base indicators that the company is undervalued and can most likely be labelled as a value stock. </p>
<h2>Below is a list of notable value stocks in the energy sector:</h2>
<ol>
<li><strong>Callon Petroleum</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CPE#NYSE">CPE</a>) - P/E: 1.95</li>
<li><strong>Chevron</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVX#NYSE">CVX</a>) - P/E: 9.25</li>
<li><strong>Matador Resources</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MTDR#NYSE">MTDR</a>) - P/E: 6.51</li>
<li><strong>San Juan Basin Royalty</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SJT#NYSE">SJT</a>) - P/E: 7.32</li>
<li><strong>PBF Energy</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PBF#NYSE">PBF</a>) - P/E: 2.15</li>
</ol>
<p>Callon Petroleum's earnings per share for Q3 sits at $4.04, whereas in Q2, they were at 3.68. This quarter, Chevron experienced a decrease in earnings per share, which was $5.56 in Q3 and is now $4.09. The company's most recent dividend yield sits at 3.34%, which has increased by 0.09% from 3.25% last quarter. </p>
<p>Most recently, Matador Resources reported earnings per share at $2.68, whereas in Q2 earnings per share sat at $3.47. The company's most recent dividend yield sits at 0.92%, which has increased by 0.33% from 0.59% last quarter. </p>
<p>San Juan Basin Royalty has reported Q3 earnings per share at $0.45, which has increased by 55.17% compared to Q2, which was 0.29. The company's most recent dividend yield sits at 12.59%, which has increased by 2.92% from 9.67% last quarter. </p>
<p>This quarter, PBF Energy experienced a decrease in earnings per share, which was $7.96 in Q3 and is now $4.41. Most recently, the company reported a dividend yield of 1.91%, which has increased by 0.12% from last quarter's yield of 1.79%.</p>
<p><strong>The Significance:</strong> A value stock may need some time to rebound from its undervalued position. The risk of investing in a value stock is that this emergence may never materialize.</p>


MTDR

<p>Friday marks the last chance for investors to receive the next  dividend payout from <strong>San Juan Basin Royalty</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SJT#NYSE">SJT</a>). </p>
<h3>What's Happening</h3>
<p>The company announced on Friday that it would pay shareholders a monthly dividend of 11.23 cents per share. On Monday, San Juan Basin Royalty will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 11.23 cents lower than it would have opened on any other day.</p>
<p>In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Monday. Shareholders who own SJT as of the end of Friday's session are eligible to receive the 11.23 cents dividend payout for every share that they own. </p>
<p>According to the company, this dividend will be paid out to shareholders on February 14, 2023. Investors will then be able to either reinvest those dividends back into the stock or use the payment in some other way. </p>
<p>To read more news on San Juan Basin Royalty <a href="https://www.benzinga.com/stock//">click here</a></p>
<p><a href="https://www.benzinga.com/calendars/dividends">Click here</a> to visit our Dividends Calendar.  </p>


CEIX

CSAN

EQNR

KLXE

LBRT

PTEN

TRGP

TUSK

VNOM

WFRD

WTTR

Shares of oil & gas companies are trading lower as oil prices fall amid macroeconomic uncertainty.

San Juan Basin Royalty (SJT) has released an update. On February 15, 2024, PNC Bank stepped down as trustee of the San Juan Basin Royalty Trust, wi...

San Juan Basin Royalty Trust Announces Trustee Change and Indenture Amendments

San Juan Basin Royalty Trust declares $0.0302 dividend

These Energy stocks are trading higher:-Vertex Energy Inc (VTNR) stock is trading at $1.39, a rise of $0.12, or 9.02%, on high volume.  Vertex Energy gets a Sentiment Score of Very Bearish from InvestorsObserver and receives an average analyst recommendation of Buy with a price target of $4.80.  -Enerflex Ltd (EFXT) stock

Energy Stocks Moving Up and Down Thursday: VTNR, EFXT, CNQ, DK, BTE, TTI, UGP, SJT

San Juan Basin Royalty Trust declares $0.0412 dividend

82 Monthly Paid Dividend Stocks And 80 Funds For March

San Juan Basin Royalty Trust (SJT) stock is down -50.00% over the last 12 months. InvestorsObserver's proprietary ranking system, gives SJT stock a score of  6 out of a possible 100. That rank is  influenced by a short-term technical score of 2. SJT's rank also includes a long-term technical score of 15.  SJT has an Overal

San Juan Basin Royalty Trust (SJT) Stock Is Down -4.22% This Week: Buy, Hold, or Sell?

<p><a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a></p>
<p><strong>San Juan Basin Royalty</strong> (NYSE:<span><a href="https://investorplace.com/stock-quotes/sjt-stock-quote/"><strong>SJT</strong></a></span>) just reported results for the fourth quarter of 2023.</p><ul><li>San Juan Basin Royalty reported earnings per share of 8 cents.</li><li>The company reported revenue of $4.01 million.</li></ul><div><p>InvestorPlace Earnings is a project that leverages data from <a href="https://www.tradesmith.com">TradeSmith</a> to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways including earnings per share and revenue, as well as how a company stacks up to analyst estimates. These articles are published without human intervention, allowing us to inform our readers of the latest figures as quickly as possible. To report any concerns or inaccuracies, please contact us at <a href="mailto:editor@investorplace.com">editor@investorplace.com</a>.</p></div><h3>More From InvestorPlace</h3>
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	<p>The post <a href="https://investorplace.com/earning-results/2024/04/sjt-stock-earnings-san-juan-basin-royalty-for-q4-of-2023/">SJT Stock Earnings: San Juan Basin Royalty Reported Results for Q4 2023</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.</p>

SJT Stock Earnings: San Juan Basin Royalty Reported Results for Q4 2023

There May Be No Monthly Distributions For San Juan Basin Royalty Trust Later This Year

<p><a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a></p>
<p><a href="https://investorplace.com/industries/energy/">Energy stocks</a> have been sizzling over the past few months. That comes as oil prices have surged amid rising inflation and worsening geopolitical concerns. A potential military action between Israel and Iran has further heightened tensions. </p>



<p>Though prices have broadly surged, one part of the energy complex has gotten left out of this rally. Natural gas prices are below $2 per Million Btu (British thermal units), which is near the lowest price seen in the past <a href="https://finviz.com/futures_charts.ashx?p=m&amp;t=NG">25 years</a>. Some of this is weather-related. An unseasonably warm winter caused less natural gas usage than normal and has led to high inventory levels.</p>



<p>Another concern is that the Biden administration has moved to <a href="https://www.whitehouse.gov/briefing-room/statements-releases/2024/01/26/fact-sheet-biden-harris-administration-announces-temporary-pause-on-pending-approvals-of-liquefied-natural-gas-exports/">pause approval</a> of new export facilities for liquefied natural gas (<span>LNG</span>). Previously, this had been a fast-growing industry. The U.S. has plentiful and cheap natural gas while other markets such as Europe and Southeast Asia have fewer developed gas reserves and are willing to pay much higher prices for imported LNG.</p>



<p>This became particularly relevant with the invasion of Ukraine. Europe shifted from Russian gas to imported LNG from overseas. However, this model is now under threat as the Biden administration is blocking new export projects on environmental grounds. Jamie Dimon, CEO of <strong>JPMorgan Chase</strong> (NYSE:<span><a href="https://investorplace.com/stock-quotes/jpm-stock-quote/"><strong>JPM</strong></a></span>), fired back, saying: &ldquo;This is not only wrong but also enormously na&iuml;ve,&rdquo; in a recent <a href="https://reports.jpmorganchase.com/investor-relations/2023/ar-ceo-letters.htm">letter</a>. He warned that Biden&rsquo;s decision would cause economic harm and undermine the security of U.S. allies.</p>



<p>It remains to be seen how this ultimately play out. A potential Trump victory in November could totally shift the playing field. For now, however, these are three <a href="https://investorplace.com/industries/energy/natural-gas/">natural gas stocks</a> to avoid given the current problems.</p>



<h2>San Juan Basin Royalty Trust (SJT)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/07/naturalgasstocks1600-300x169.png" alt="Natural Gas Combined Cycle Power Plant with sunset and light orange. Best natural gas stocks to buy."><div>Source: Rangsarit Chaiyakun / Shutterstock.com</div></div><p><strong>San Juan Basin Royalty Trust</strong> (NYSE:<span><a href="https://investorplace.com/stock-quotes/sjt-stock-quote/"><strong>SJT</strong></a></span>) is a trust which earns revenues on a portion of oil and gas sales from its land acreage in New Mexico&rsquo;s San Juan basin.</p>



<p>The trust does not operate the property directly. Rather, <strong>Hilcorp</strong> is <a href="https://www.hilcorp.com/wp-content/uploads/2020/08/Fact-Sheet-San-Juan-Basin.pdf">the operator</a> and takes the economic risk around running and managing the energy assets. The trust is entitled to a portion of the revenues that Hilcorp generates from the trust&rsquo;s land acreage.</p>



<p>SJT stock has delivered highly volatile, but on average generous, dividend payouts over the decades from its unique royalty structure. However, 2024 and 2025 are going to be exceptionally difficult with natural gas prices below two dollars. The trust will struggle to pay any dividend at all going forward. </p>



<p>To confirm that, you can look back to past times when natural gas was below two dollars. SJT&lsquo;s dividend often tumbled to just a penny per share a month. Sometimes it was suspended entirely. </p>



<p>In this case, there&rsquo;s another problem. Not only are natural gas prices exceptionally low right now, but in addition Hilcorp is planning to drill two new wells, which will cost <a href="https://seekingalpha.com/article/4682679-there-may-be-no-monthly-distributions-for-san-juan-basin-royalty-trust-later-this-year">$34 million</a>. SJT has to reimburse Hilcorp for capital expenditure before dividends can continue on its properties.</p>



<p>Between rock bottom natural gas prices and this capital expenditure burden, SJT could go many months without paying a dividend. As investors primarily owns shares for the dividend, SJT shares could plunge when the dividend is likely suspended later this year.</p>



<h2>Antero Resources (AR)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/07/naturalgas1600d-300x169.jpg" alt="Momentum stocks: Natural gas pipeline through green field with blue sky above"><div>Source: Shutterstock</div></div><p><strong>Antero Resources</strong> (NYSE:<span><a href="https://investorplace.com/stock-quotes/ar-stock-quote/"><strong>AR</strong></a></span>) is a natural gas company focused on fields in the northeastern U.S. The company nearly went bankrupt in 2020 with the stock falling into penny stock territory amid operating losses and a liquidity squeeze. </p>



<p>Investors have apparently forgotten about that near-death experience, with shares trading near $30 today. That is simply incredible as it puts Antero at a jaw-dropping <a href="https://seekingalpha.com/symbol/AR/earnings/estimates">70 times</a> estimated 2024 earnings.</p>



<p>It simply isn&rsquo;t common for natural resources companies to trade at that sort of price-to-earnings (P/E) multiple. The company also <a href="https://seekingalpha.com/news/4068011-antero-latest-natural-gas-driller-to-cut-spending-activity-as-prices-collapse">slashed</a> its 2024 capital expenditures budget amid plunging profitability and the difficult industry environment. </p>



<p>Investors are seemingly optimistic that Antero is pivoting away from natural gas and towards natural gas liquids to some extent, which may offer higher prices in the market. However, given Antero&rsquo;s spotty past track record, investors should consider a wait-and-see approach before assigning a huge valuation for a business model that is not fully proven. In any case, with the 40% rally in recent weeks despite worsening industry conditions, AR stock is a strong sell today. </p>



<h2>Tellurian (TELL)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/07/lng_lpg1600-300x169.png" alt="Aerial drone photo of LNG (Liquified Natural Gas) tanker anchored in small LNG industrial islet of Revithoussa equipped with tanks for storage, Salamina, Greece."><div>Source: Aerial-motion / Shutterstock.com</div></div><p><strong>Tellurian</strong> (NYSE:<span><a href="https://investorplace.com/stock-quotes/tell-stock-quote/"><strong>TELL</strong></a></span>) is an energy company that had primarily been seeking to try to develop LNG export terminals. It also operates an upstream energy business.</p>



<p>Even prior to the Biden Administration&rsquo;s unexpected LNG export ban, Tellurian was in grave trouble. The company has historically lost tremendous sums of money and the balance sheet is in poor shape with the company facing a huge debtload and interest burden. </p>



<p>Tellurian has struggled to secure adequate <a href="https://www.upstreamonline.com/finance/driftwood-lng-project-at-risk-as-backer-raises-going-concern-alarm/2-1-1549230">funding</a> for planned LNG terminals. This led to a collapse in the share price. The CEO also <a href="https://finance.yahoo.com/news/tellurian-ceo-steps-down-101716580.html">recently left</a> the company. Tellurian already appeared to be running out of time, and the export ban further adds to the misery.</p>



<p>With the stock price in the 50 cent range, traders might be under the assumption that shares are cheap and worth a potential lottery ticket bet at this price. </p>



<p>However, due to the massive amount of dilution over the years, Tellurian actually still has a market capitalization of $400 million. That&rsquo;s a gigantic sum for a company whose business model has seemingly failed and whose CEO just stepped down. The company has less than <a href="https://seekingalpha.com/pr/19632434-tellurian-reports-2023-financial-results-and-driftwood-lng-progress?hasComeFromMpArticle=false">$80 million</a> of cash remaining and continues to run large operating losses. Unless something miraculous happens in the near-future, bankruptcy could well be the ultimate outcome for Tellurian.</p>



<p><em>On the date of publication, Ian Bezek did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com <a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/">Publishing Guidelines</a>.</em></p>
<div><p>Ian Bezek has written more than 1,000 articles for InvestorPlace.com and Seeking Alpha. He also worked as a Junior Analyst for Kerrisdale Capital, a $300 million New York City-based hedge fund. You can reach him on Twitter at @irbezek.</p></div><h3>More From InvestorPlace</h3>
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<p>The post <a href="https://investorplace.com/2024/04/biden-vs-dimon-on-lng-3-natural-gas-stocks-to-sell-on-export-turmoil/">Biden vs. Dimon on LNG: 3 Natural Gas Stocks to Sell on Export Turmoil</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.</p>

Biden vs. Dimon on LNG: 3 Natural Gas Stocks to Sell on Export Turmoil

San Juan Basin Royalty Trust declares $0.0228 dividend

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EFXT

FNNCF

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GOOD

IWMY

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JEPY

NFLY

NVDY

OARK

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TELL

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VTNR

Press Releases

San Juan Basin Royalty Trust Declares Cash Distribution for October 2023

San Juan Basin Royalty Trust Declares Cash Distribution for November 2023

San Juan Basin Royalty Trust Announces Adjournment of Special Meeting

San Juan Basin Royalty Trust Declares Cash Distribution for December 2023

San Juan Basin Royalty Trust Announces Argent Trust Company as Successor Trustee and Amendments to its Indenture

San Juan Basin Royalty Trust Declares Cash Distribution for January 2024

San Juan Basin Royalty Trust Confirms Resignation of PNC Bank as Trustee and Appointment of Argent Trust Company as Successor Trustee

Commodities

San Juan Basin Royalty Trust Announces February Cash Distribution and Hilcorp's 2024 Capital Plan