San Juan Basin Royalty Stock Hits New 52-Week Low (SJT)

NEW YORK ( TheStreet) -- San Juan Basin Royalty (NYSE: SJT) hit a new 52-week low Wednesday as it is currently trading at $17.76, below its previous 52-week low of $17.79 with 105,505 shares traded as of 10:34 a.m. ET. Average volume has been 225,600 shares over the past 30 days.

San Juan Basin Royalty has a market cap of $889.3 million and is part of the basic materials sector and energy industry. Shares are down 21.4% year to date as of the close of trading on Tuesday.

San Juan Basin Royalty Trust operates as an express trust. It has a 75% net overriding royalty interest carved out of Burlington Resources Oil & Gas Company LP's oil and gas leasehold and royalty interests (the underlying properties) located in the San Juan Basin in northwestern New Mexico. The company has a P/E ratio of 13, below the average energy industry P/E ratio of 13.8 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates San Juan Basin Royalty as a hold. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, expanding profit margins and notable return on equity. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself and deteriorating net income. You can view the full San Juan Basin Royalty Ratings Report.

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