San Juan Basin Royalty Trust director Eric Oliver buys $1.4M in units
Eric L. Oliver, a 10% owner and director of San Juan Basin Royalty Trust (SJT) on NASDAQ, made significant purchases of units in late November 2026. Oliver, through his company SoftVest, LP, bought 352,364 units at a weighted average price of $3.95 per unit. The following day, he acquired an additional 259,605 units at a weighted average price of $4.14 per unit, bringing his total beneficial ownership to approximately 4,942,794 units.
This acquisition occurred shortly before SJT's earnings report, which was due on November 20, 2026. SJT's stock had seen a 23% increase over the previous week, suggesting increased investor confidence. Despite the recent price rise, InvestingPro analysis indicates SJT is currently overvalued.
Written by urgent.news from Investing.com's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
