San Juan Basin Royalty Trust(US:SJT)2026-01-20 20:29Financial Distribution Challenges - San Juan Basin Royalty Trust will not declare a monthly cash distribution for January 2026 due to excess production costs and continued low natural gas pricing[6] - The decision to withhold the distribution is attributed to financial challenges faced in prior periods[6] - The Trust's subject interests have been impacted by low natural gas prices, affecting overall profitability[6] - The announcement was made on January 20, 2026, highlighting ongoing financial difficulties[6] - The Trust's units of beneficial interest (Units) will not receive cash distributions this month[6] - The financial condition of the Trust remains under scrutiny due to fluctuating market conditions[6] - The Trust is actively monitoring production costs and market prices to assess future distribution capabilities[6] Management and Oversight - The Trust is managed by Argent Trust Company, which oversees its financial operations[10] - The report was signed by Nancy Willis, Director of Royalty Trust Services, on January 20, 2026[11] Additional Information - The press release detailing these developments is attached as Exhibit 99.1[8]