San Juan Basin Royalty Trust (SJT)

2.32
NYSE : Miscellaneous
Prev Close 2.33
Day Low/High 2.30 / 2.40
52 Wk Low/High 2.25 / 6.25
Avg Volume 136.30K
Exchange NYSE
Shares Outstanding 46.61M
Market Cap 108.60M
EPS 0.40
P/E Ratio 1.77
Div & Yield 0.37 (16.79%)

Still in Choppy Mode

On the positive side, the market is still a tiny bit oversold and won't get overbought until Friday.

Chop, Chop and More Chop

Still, the market can save itself and rally in the next day or two. But then it's back to overbought again.

Volatile and Choppy

The Middle East unrest combined with still-elevated sentiment readings will likely create unsettled conditions.

The Oil Conundrum

The market might not fall apart if oil stays at these high levels, but it's not likely to see a huge uptick either.

Soon to be Oversold

Sometime Friday or Monday, the market will be oversold enough to have another rally.

Setting Up for a Short-Term Rally

But expect the market to come back down again next week.

Pausing Soon

That's what indicated by a high put/call ratio on the VIX and lousy volume, coupled with a potential for right shoulder failures.

Expect a Bumpy Road Ahead

The issues from last week will still linger and domestic issues will take center stage.

San Juan Basin Royalty Stock To Go Ex-dividend Tomorrow (SJT)

San Juan Basin Royalty Stock To Go Ex-dividend Tomorrow (SJT)

The ex-dividend date for San Juan Basin Royalty (NYSE:SJT) is tomorrow, February 24, 2011. Owners of shares as of market close today will be eligible for a dividend of 14 cents per share. At a price of $24.84 as of 9:30 a.m., the dividend yield is 6.7%.

San Juan Basin Royalty Trust Declares Monthly Cash Distribution

San Juan Basin Royalty Trust Declares Monthly Cash Distribution

Compass Bank, as Trustee of the San Juan Basin Royalty Trust (NYSE:SJT), today declared a monthly cash distribution to the holders of its units of beneficial interest of $6,448,317.

San Juan Basin Royalty Trust Declares Monthly Cash Distribution And Announces 2011 Capital Plan

San Juan Basin Royalty Trust Declares Monthly Cash Distribution And Announces 2011 Capital Plan

Compass Bank, as Trustee of the San Juan Basin Royalty Trust (NYSE:SJT), today declared a monthly cash distribution to the holders of its units of beneficial interest of $4,008,923.

San Juan Basin Royalty Trust Declares Monthly Cash Distribution

San Juan Basin Royalty Trust Declares Monthly Cash Distribution

Compass Bank, as Trustee of the San Juan Basin Royalty Trust (NYSE:SJT), today declared a monthly cash distribution to the holders of its units of beneficial interest of $5,067,334.

San Juan Basin Royalty Trust Declares Monthly Cash Distribution

San Juan Basin Royalty Trust Declares Monthly Cash Distribution

Compass Bank, as Trustee of the San Juan Basin Royalty Trust (NYSE:SJT), today declared a monthly cash distribution to the holders of its units of beneficial interest of $5,056,365.

San Juan Basin Royalty Trust Declares Monthly Cash Distribution

Compass Bank, as Trustee of the San Juan Basin Royalty Trust (NYSE:SJT), today declared a monthly cash distribution to the holders of its units of beneficial interest of $6,184,239.

San Juan Basin Royalty Trust Declares Monthly Cash Distribution

Compass Bank, as Trustee of the San Juan Basin Royalty Trust (NYSE:SJT), today declared a monthly cash distribution to the holders of its units of beneficial interest of $7,725,203.

San Juan Basin Royalty Trust Declares Monthly Cash Distribution

Compass Bank, as Trustee of the San Juan Basin Royalty Trust (NYSE:SJT), today declared a monthly cash distribution to the holders of its units of beneficial interest of $4,687,054.

San Juan Basin Royalty Trust Declares Monthly Cash Distribution

San Juan Basin Royalty Trust Declares Monthly Cash Distribution

Compass Bank, as Trustee of the San Juan Basin Royalty Trust (NYSE:SJT), today declared a monthly cash distribution to the holders of its units of beneficial interest of $6,425,739.

San Juan Basin Royalty Trust Declares Monthly Cash Distribution

San Juan Basin Royalty Trust Declares Monthly Cash Distribution

Compass Bank, as Trustee of the San Juan Basin Royalty Trust (NYSE:SJT), today declared a monthly cash distribution to the holders of its units of beneficial interest of $5,378,928.

San Juan Basin Royalty Trust Declares Monthly Cash Distribution And Announces Settlement Of Litigation

Compass Bank, as Trustee of the San Juan Basin Royalty Trust (NYSE:SJT), today declared a monthly cash distribution to the holders of its units of beneficial interest of $9,440,732.

San Juan Basin Royalty Trust Declares Monthly Cash Distribution

Compass Bank, as Trustee of the San Juan Basin Royalty Trust (NYSE:SJT), today declared a monthly cash distribution to the holders of its units of beneficial interest of $6,860,919.

Expect a Near-Term Downward Bias

The market has more work to do on the downside.

San Juan Basin Royalty Trust Declares Monthly Cash Distribution

Compass Bank, as Trustee of the San Juan Basin Royalty Trust (NYSE:SJT), today declared a monthly cash distribution to the holders of its units of beneficial interest of $8,400,080.

San Juan Basin Royalty Trust Declares Monthly Cash Distribution

San Juan Basin Royalty Trust Declares Monthly Cash Distribution

Compass Bank, as Trustee of the San Juan Basin Royalty Trust (NYSE:SJT), today declared a monthly cash distribution to the holders of its units of beneficial interest of $6,697,027.

'Fast Money' Recap: Global Recovery Plays

'Fast Money' Recap: Global Recovery Plays

The trading panel picked up on a Goldman Sachs report and discussed global recovery trades.

Avocent, CenterPoint Energy: Ratings Changes

Avocent, CenterPoint Energy: Ratings Changes

TheStreet.com Ratings has upgraded Avocent and downgraded CenterPoint Energy.

TSC Ratings' Updates: Winn-Dixie

TSC Ratings' Updates: Winn-Dixie

Casella, Daily Journal, San Juan Basin Royalty Trust and Winn-Dixie are downgraded; Nippon is upgraded.

'Fast Money' Recap: Take It to the Bank

The trading panel looks at the rebound in financials.

Hold Off on Big Bets

Until the market comes down and spurs some panic, the buy side is likely to remain uncomfortable.

Cramer's 'Mad Money' Recap: Stick With High-Yielding Stocks

Cramer's 'Mad Money' Recap: Stick With High-Yielding Stocks

Invest in recession-proof stocks that pay high dividends, Cramer says.

'Fast Money' Recap: One Year Anniversary

'Fast Money' Recap: One Year Anniversary

The show celebrates one year on the air.

TheStreet Quant Rating: C (Hold)