San Juan Basin Royalty Trust has released its financial results for the first quarter of 2025. Distributable income for the period was approximately $4.1 million, with distributions declared amounting to the same figure. This translates to a distribution of $0.087806 per unit for unit holders. The Trust's corpus at the end of the period stood at $2.7 million. Royalty income for the three months ended March 31, 2025, is derived from natural gas and oil production from November 2024 through January 2025. The report indicates that the principal asset of the Trust is a 75% net overriding royalty interest carved out of certain oil and gas leasehold and royalty interests in the San Juan Basin of New Mexico. Hilcorp San Juan L.P. owns these subject interests. The Trust's financial prospects are subject to risks and uncertainties, including the volatility of oil and gas prices and potential litigation. The report does not provide specific future guidance or outlook but highlights the potential impact of these factors on future performance.
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