San Juan Basin Royalty: 3Q Earnings Snapshot
FORT WORTH, Texas (AP) _ San Juan Basin Royalty Trust (SJT) on Tuesday reported break-even earnings in its third quarter.
The Fort Worth, Texas-based company said it had net income that was less than 1 cent on a per-share basis.
The oil and gas royalty company posted revenue of $5,600 in the period. Its adjusted revenue was $6,000.
The company’s shares closed at $2.57. A year ago, they were trading at $5.47.