San Juan Basin Royalty Trust operates as an express trust in Texas. The company has a 75% net overriding royalty interest carved out of Southland’s oil and natural gas interests (the Subject Interests) in properties located in the San Juan Basin in northwestern New Mexico.
5 potentially positive developments that have recently occurred with the company:
Distribution payments: San Juan Basin Royalty Trust makes monthly cash distributions to its unit holders based on the production of certain oil and gas properties in the San Juan Basin located in New Mexico. As of March 2023, the company’s distribution payments have remained relatively stable, which could be seen as a positive sign for investors seeking consistent income.
Increase in oil and gas prices: The price of oil and gas has increased significantly over the past year, which could have a positive impact on the value of San Juan Basin Royalty Trust’s production assets and revenue streams.
Successful drilling operations: If San Juan Basin Royalty Trust’s underlying properties experience successful drilling operations, this could increase production volumes and potentially lead to higher cash distributions for investors.
Expansion of the company’s asset base: San Juan Basin Royalty Trust has historically acquired additional oil and gas properties in the San Juan Basin to increase its revenue streams. If the company is able to continue expanding its asset base through acquisitions, this could lead to increased cash flows and potential growth opportunities.
Positive industry trends: The oil and gas industry has seen positive trends in recent years, including increased demand for natural gas, a shift towards renewable energy sources, and advances in technology that have made oil and gas production more efficient and cost-effective. These trends could potentially benefit San Juan Basin Royalty Trust and other companies in the industry.
| Signal | Short Term Trend | Long Term Trend |
| BUY | UP | UP |
| Day: -0.83% | Wk: -0.28% | Mo: 13.22% | Yrly: 53.49% | YTD: -5.52% |
| Strength Rank: 97 | DIV%: 27.5 | PE: 0.00 | EPS: 0.45 | ROE: 1895.4% |
| Ann EPS Gro: 275% | Last QTR EPS Gro: | 55.17% | Sales Gro QTR: | 55.61% |
| Beta: 0.94 | Mkt Cap: 508M | Volume: 0.68M | Book Value: 0.11 | Ex: NYSE |
Long Term Trend
The long term trend of San Juan Basin Royalty Trust is UP indicating that SJT has experienced an UP trend for at least the past 180 trading days. Long term trends are key to understanding the starting point to the path of least resistance of a stocks price trend. The expected future trend bias is always strongest with the current trend.
Short Term Trend
The short term trend of San Juan Basin Royalty Trust is UP, SJT has been undergoing a short term UP over the past 7-10 days.
Signal
The current signal for San Juan Basin Royalty Trust is BUY indicating that the stock could be Advancing in its trend. The current price trend is not Extreme. Stocks in extreme levels of price trend should be allowed to move out of the extreme range before a buy or sell decision should be made. As is the case for most trending momentum style stocks, much of the “reason” price action is not often known until well into the price trend. But earnings growth and management efficiency are key components to a foundation to a sustainable uptrend. We will focus on fundamental indications that can build a case for reasons why the stock should continue its current trend.
Strength Rank
Rank is the rank of the stock vs. its peers. For example a Rank of 98 means the stock is out performing 98% of its peers over a 12 month period. A rank of 2 means the stock is outperforming 2% of its peers, in other words, 98% of its peers are out performing it. 98 is good, 2 is not so good. The current quarter is 40% of the weighting, so current performance is more significant to the rank.
The current rank for San Juan Basin Royalty Trust is 97, this means that SJT is out performing 97% of its peers. Stocks that have a rank of 80 or better, with support of all other analyses shown here, tend to advance the trend.
The 90 day trend of Rank
ROE – Return on equity is a measure of financial efficiency, gauging how much profit a company is able to generate from the company’s financial net worth (that is, assets minus liabilities). Look for an annual return on equity of at least 20%. That is the level that set apart the winning stocks from the ordinary. That doesn’t always mean that a company with smaller ROE is a poor investment. Some big winners have of course been shy of 20% return on equity when they started their major up trends. When ROE is strong, it gives investors an indication that the company is better poised to continue a solid earnings performance. A high ROE is only part of the fundamentals a solid company should have. Superb earnings and sales growth, superior profit margins and big operating cash flow are other key elements investors must seek.
The Current ROE for San Juan Basin Royalty Trust is 1895.4%, indicating SJT is currently functioning with High financial efficiency.
The 12 month chart trend of ROE
Annual EPS Growth – Companies with annual earnings growth of more than 20% are more likely to become leaders in up trending markets. While 20% Annual EPS growth is the minimum you should look for, don’t be afraid to seek even better results. Studies have shown that the greatest winners in the past 30 years had an average 30% annual EPS growth rate when they started their strong up trends. You also can look for three straight years of rising EPS growth, with an average of at least 25%. These performance results often imply that a company is growing fast even if the general economy is slowing down or even in recession.
The current Annual EPS Growth for San Juan Basin Royalty Trust is 275% which is than the 30% average found is strong trending, fundamentally sound companies.
The 12 month chart trend of Annual EPS Growth
Quarterly EPS Growth – Outstanding earnings growth in the most recent quarters can be the single most important trait that identifies winners before they start their major price advances. Generally, the bigger the earnings growth, the better. Specifically, look for a company’s earnings per share up at least 25-30% vs. the year-ago level in the most recent quarter or two. Gains of 50%, 100% or more are typical of strong market leaders even before they make their huge price moves. There’s really nothing magic about this connection. Successful companies generate the strongest profit gains, regardless of the economic cycle. Even during periods when corporate profits are weak in general, you still find standouts that achieve massive earnings growth.
The current Quarterly EPS Growth for San Juan Basin Royalty Trust is 55.17% which is greater than the 25% average found is strong trending stocks even during or before huge price moves.
The 12 month chart trend of Quarterly EPS Growth
Quarterly Sales growth – A company’s annual and quarterly rate of increase in revenues (sales). A measure of growth and success as long as it is accompanied by an equally strong rate of increase in earnings per share. You want to see both in a potential investment. A company’s quarterly EPS gain should be supported by an increase in revenue (sales) of at least 25% or at least by an acceleration in sales growth in the past few quarters. You also should watch out for earnings growth that comes amid falling sales. Companies with declining revenue often boost their EPS results through layoffs or other cost cuts, especially in an uncertain economic environment. But this isn’t a sustainable approach, and it’s definitely not as desirable as profit gains that come from higher revenue. Recent quarterly sales results are more critical when it comes to researching stocks.
The current Quarterly Sales Growth for San Juan Basin Royalty Trust is 55.61% which is greater than the 25% average found is strong trending stocks.
The 12 month chart trend of Quarterly Sales Growth
Dividend Yield
Dividend yield is the annual dividend income per share received from a company divided by its current share price. Normally investors would like to see a dividend yield between 2% and 20% for a dividend paying company. The dividend yield is an important factor to consider when investing in dividend paying stocks. Dividend yield is a financial ratio that reflects the % of profits a company makes of the dividend payments over the course of a year. For example if a stock pays an annual dividend of $2 and is trading at $50 a share, it would have a dividend yield of 4%.
The current Dividend Yield for San Juan Basin Royalty Trust is 27.5%.
Stocks Historical Trading Characteristics.
Trade Stats for SJT
| Number of Trades | 4 |
| Total Profit Amount | $3177.83 |
| Total Loss Amount | $1432.00 |
| Net Profit/Loss | $1745.83 |
| Avg Profit on Winners | $1588.91 |
| Avg Loss on Losers | $716.00 |
| Total Net % Gain or Loss | 17.46% |
| Avg % Gain on Winners | 15.77% |
| Avg % Loss on Losers | 5.50% |
| Reward to Risk Ratio | 2.87 |
| Number of Trades Per Year | 4 |
| Number of Winners | 2 |
| Number of Losers | 2 |
| Winning Percentage% | 50.00% |
| Trade Expectancy | $513.67 |
| Trade Expectancy% | 5.14% |
| Annual Trade Expectancy | $2054.67 |
| Annual Trade Expectancy% | 20.55% |
| Largest Profit | $3078.91 |
| Largest Loss | $1268.71 |
| Avg Days in Trade | 64 |
| Avg Days between Trades | 48 |
| Longest nbr of consecutive Winners | 2 |
| Longest nbr of consecutive Losers | 2 |
| Largest Drawdown | -10.87% |
| Avg Drawdown | -10.87% |
Backtesting a stock can provide investors with critical statistical data. These results give you an informed perspective on how a stock trades within your chosen buying and selling method of analysis. The definition of trade expectancy is defined as: trade expectancy = (probability of win * average win) – (probability of loss * average loss). If the calculation returns a positive number, a trader should make money over time.
The average percentage gained on positive, money making trades was 15.77%. While the average percent loss on money losing trades was 5.50%.
Trade expectancy includes both winners and losers. Trade expectancy is displayed as a percentage. This backtest displays the dollar value, percentage, annual trade expectancy, and annual percent. Annual expectancy is the trade expectancy percentage multiplied by the number of trades per year.
The Trade expectancy % for SJT over the past year is 5.14%. The number of trades generated per year was 4 giving an Annual Trade Expectancy of 20.55%
The average days in a trade is 64 and the average days between trades is 48.
With any method of analysis that uses past performance, it can be said that past performance is not indication of future performance. What is does provide is a probabilistic look at a stock’s price activity characteristics over time.
The historical Profit and loss curve of a $10,000 shows