{"filings":[{"id":498877,"accession_number":"0001104659-26-063180","cik":313364,"company_name":"MESA ROYALTY TRUST/TX","ticker":"MTR","form_type":"8-K","filed_at":"2026-05-18T20:01:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Mesa Royalty Trust May 2026 distribution $0.0245/unit; reserve build reduces payouts","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["May 2026 distribution of $0.024505172 per unit; payable July 31, 2026 to holders of record May 29, 2026.","Trust received $54,382 in royalty income, all from New Mexico San Juan Basin properties operated by Hilcorp.","After administrative expenses, distributable net profits totaled $45,668.","Distributions expected to be materially reduced until cash reserves increase to $2.0 million for added liquidity."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.45,"calibrated_materiality_score":0.45,"market_cap_usd":7137549.439647254,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":97906,"accession_number":"0001104659-26-044935","cik":313364,"company_name":"MESA ROYALTY TRUST/TX","ticker":"MTR","form_type":"8-K","filed_at":"2026-04-17T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Mesa Royalty Trust declares April 2026 distribution of $0.040259155 per unit","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Distribution payable July 31, 2026 to unitholders of record April 30, 2026.","Trust received $96,591 from New Mexico San Juan Basin properties operated by Hilcorp San Juan LP.","No income received from other working interest owners in April 2026.","After administrative expenses, net distributable profit was $75,027.","Trust continues to target $2.0M cash reserve, which may reduce future distributions."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":7137549.439647254,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":113101,"accession_number":"0001104659-26-032702","cik":313364,"company_name":"MESA ROYALTY TRUST/TX","ticker":"MTR","form_type":"8-K","filed_at":"2026-03-20T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Mesa Royalty Trust Announces March 2026 Distribution of $0.00573 per Unit","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Distribution of $0.005730260 per unit payable April 30, 2026 to unitholders of record March 31, 2026.","Trust received $33,481 in royalty income from Hilcorp San Juan LP's New Mexico properties; no other working interest income.","After administrative expenses, distributable net profits were $10,679 for March 2026.","Trust expects materially reduced distributions until cash reserves reach $2.0 million for added liquidity."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":7137549.439647254,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":113100,"accession_number":"0001104659-26-016387","cik":313364,"company_name":"MESA ROYALTY TRUST/TX","ticker":"MTR","form_type":"8-K","filed_at":"2026-02-17T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Mesa Royalty Trust to pay no distribution for February 2026 as costs exceed revenue","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["No distribution for February 2026 (record date Feb 27); costs exceeded oil/gas revenue from royalty properties.","Trust building cash reserves to $2.0 million; distributions expected materially reduced until target is met.","Working interest owners' reported net proceeds not representative of future periods; further reductions possible."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":7137549.439647254,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":113099,"accession_number":"0001104659-26-005028","cik":313364,"company_name":"MESA ROYALTY TRUST/TX","ticker":"MTR","form_type":"8-K","filed_at":"2026-01-20T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Mesa Royalty Trust announces January 2026 income distribution of $0.001518618 per unit","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Distribution of $0.001518618 per unit for January 2026; record Jan 30, payable Apr 30.","Trust received $18,206 in income, all from Hilcorp-operated San Juan Basin (NM) properties.","Distributable net profits after admin expenses: $2,830.","Distributions expected to be materially reduced until cash reserves reach $2.0M (per prior filings)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.15,"calibrated_materiality_score":0.15,"market_cap_usd":7137549.439647254,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":129506,"accession_number":"0001104659-25-123165","cik":313364,"company_name":"MESA ROYALTY TRUST/TX","ticker":"MTR","form_type":"8-K","filed_at":"2025-12-19T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Mesa Royalty Trust announces $0.0186 December distribution; warns of material reductions ahead","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["December distribution of $0.018551844 per unit payable Jan 30, 2026 to holders of record Dec 31, 2025.","Trust received $35,596 all from New Mexico San Juan Basin operated by Hilcorp; no other income.","After admin expenses, distributable net profits were $34,573.","Trust warns distributions will be materially reduced until cash reserves reach $2.0 million.","Substantial accumulated excess production costs may result in no future distributions."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":7137549.439647254,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":129505,"accession_number":"0001104659-25-113649","cik":313364,"company_name":"MESA ROYALTY TRUST/TX","ticker":"MTR","form_type":"8-K","filed_at":"2025-11-18T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Mesa Royalty Trust declares Nov 2025 distribution of $0.02962/unit; warns of future reductions","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Distribution of $0.029620472 per unit, record Nov 28, 2025, payable Jan 30, 2026.","Trust received $57,503 in royalty income, all from Hilcorp-operated San Juan Basin properties in New Mexico.","Distributable net profits after expenses were $55,200; no income from other working interest owners.","Distributions expected to be materially reduced until cash reserves reach $2.0 million.","Accumulated excess production costs may further decrease or eliminate future Trust distributions."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":7137549.439647254,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":129504,"accession_number":"0001104659-25-100079","cik":313364,"company_name":"MESA ROYALTY TRUST/TX","ticker":"MTR","form_type":"8-K","filed_at":"2025-10-16T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Mesa Royalty Trust declares Oct 2025 distribution of $0.01835/unit; warns of materially reduced payouts","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Distribution of $0.018350966 per unit to holders of record Oct 31, 2025, payable Jan 30, 2026.","Total income received: $47,930 from New Mexico San Juan Basin properties (Hilcorp); no other working interest income.","Distributable net profits after expenses: $34,199.","Trust expects distributions materially reduced until cash reserves reach $2.0 million for added liquidity.","Accumulated excess production costs continue to weigh on future distributions; may result in no payments in some periods."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":7137549.439647254,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":146063,"accession_number":"0001104659-25-090432","cik":313364,"company_name":"MESA ROYALTY TRUST/TX","ticker":"MTR","form_type":"8-K","filed_at":"2025-09-16T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Mesa Royalty Trust declares September distribution of $0.001723 per unit","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Distribution of $0.001723157 per unit, record date Sept 30, payable Oct 31.","Total income received $20,029, all from Hilcorp San Juan LP (New Mexico properties).","After admin expenses, distributable net profits were $3,211.","Distributions expected to be materially reduced until cash reserves reach $2.0M.","No income received in Sept from any other working interest owner."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"market_cap_usd":7137549.439647254,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":146062,"accession_number":"0001104659-25-079798","cik":313364,"company_name":"MESA ROYALTY TRUST/TX","ticker":"MTR","form_type":"8-K","filed_at":"2025-08-18T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Mesa Royalty Trust announces August distribution of $0.0094 per unit; net profits $17,576","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["August distribution set at $0.009431485 per unit; record date Aug 29, payable Oct 31, 2025.","Trust received $28,001 in royalty income, all from Hilcorp-operated San Juan Basin properties in New Mexico.","No income received from other working interest owners; distributable net profits after expenses were $17,576.","Trust warns distributions will be materially reduced until cash reserves reach $2.0 million; accumulated excess production costs persist."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":7137549.439647254,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":146061,"accession_number":"0001104659-25-069030","cik":313364,"company_name":"MESA ROYALTY TRUST/TX","ticker":"MTR","form_type":"8-K","filed_at":"2025-07-18T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Mesa Royalty Trust July 2025 distribution $0.02748/unit; warns of reduced future payouts","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Distribution of $0.02748 per unit, record July 31, 2025, payable Oct 31, 2025.","Trust received $80,962 from New Mexico San Juan Basin properties only; no other income.","After admin expenses, distributable net profits were $51,212.","Distributions expected to be materially reduced until cash reserves reach $2.0M.","Substantial accumulated excess production costs may lead to no distributions in some periods."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":7137549.439647254,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":164375,"accession_number":"0001104659-25-060638","cik":313364,"company_name":"MESA ROYALTY TRUST/TX","ticker":"MTR","form_type":"8-K","filed_at":"2025-06-18T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Mesa Royalty Trust announces June 2025 distribution of $0.037757985 per unit","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Distribution of $0.037757985 per unit payable July 31, 2025 to unitholders of record June 30, 2025.","Trust received $77,579 in income from Hilcorp San Juan LP's New Mexico properties; no income from other working interest owners.","After administrative expenses, distributable net profits were $70,365.","Trust expects distributions to be materially reduced until cash reserves reach $2.0 million for added liquidity."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":7137549.439647254,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":164374,"accession_number":"0001104659-25-050451","cik":313364,"company_name":"MESA ROYALTY TRUST/TX","ticker":"MTR","form_type":"8-K","filed_at":"2025-05-19T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Mesa Royalty Trust May 2025 distribution $0.03185/unit, only New Mexico income","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Distribution of $0.03185/unit for record date May 30, 2025, payable July 31, 2025.","Trust received $67,348 in income, all from Hilcorp San Juan's New Mexico properties; no other operator income.","Distributable net profits after administrative expenses were $59,351.","Trust warns distributions will be materially reduced until cash reserves reach $2.0 million for liquidity.","Excess production costs and volatility may further reduce or eliminate future distributions."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.45,"calibrated_materiality_score":0.45,"market_cap_usd":7137549.439647254,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":164373,"accession_number":"0001104659-25-036350","cik":313364,"company_name":"MESA ROYALTY TRUST/TX","ticker":"MTR","form_type":"8-K","filed_at":"2025-04-18T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Mesa Royalty Trust announces April 2025 distribution of $0.025 per unit, income solely from New Mexico portion.","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Distribution of $0.025015971 per unit; record date April 30, 2025, payable July 31, 2025.","Trust received $75,928 solely from Hilcorp San Juan LP (New Mexico); no income from other working interest owners.","Distributable net profits after expenses: $46,620.","Trust warns distributions will be materially reduced until cash reserves reach $2.0 million; excess production costs may cause no distributions in future periods."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":7137549.439647254,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":182134,"accession_number":"0001104659-25-026652","cik":313364,"company_name":"MESA ROYALTY TRUST/TX","ticker":"MTR","form_type":"8-K","filed_at":"2025-03-21T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Mesa Royalty Trust March distribution $0.030174584/unit; warns of materially reduced payouts to build $2M reserve","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["March 2025 distribution of $0.030174584 per unit; record date March 31, payable April 30, 2025.","Trust received $60,532 from Hilcorp-operated San Juan Basin properties (New Mexico); no other working interest income.","After admin expenses, distributable net profits were $56,233.","Distributions expected to be materially reduced until Trust increases cash reserves to $2.0 million for added liquidity.","Accumulated excess production costs may result in no distributions in future periods."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":7137549.439647254,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":182133,"accession_number":"0001104659-25-014769","cik":313364,"company_name":"MESA ROYALTY TRUST/TX","ticker":"MTR","form_type":"8-K","filed_at":"2025-02-18T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Mesa Royalty Trust declares $0.00243/unit Feb distribution; warns of reduced payouts","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Distribution of $0.002429966 per unit, payable Apr 30, 2025 to holders of record Feb 28, 2025.","Trust received $31,717 in income, all from New Mexico San Juan Basin properties operated by Hilcorp.","Distributable net profits were $4,528 after administrative expenses; no income from other working interest owners.","Distributions expected to be materially reduced until Trust builds cash reserves to $2.0 million.","Substantial accumulated excess production costs may cause periods with no distributions."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":7137549.439647254,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":182132,"accession_number":"0001104659-25-004464","cik":313364,"company_name":"MESA ROYALTY TRUST/TX","ticker":"MTR","form_type":"8-K","filed_at":"2025-01-17T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Mesa Royalty Trust Jan 2025 distribution $0.000453/unit; warns of materially reduced payouts until $2M reserve built","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Distribution of $0.000453223 per unit for record date Jan 31, 2025, payable Apr 30, 2025.","Total income of $18,282 from New Mexico San Juan Basin; no income from other working interest owners.","Distributable net profits after admin expenses: $845.","Trust expects materially reduced distributions until cash reserves reach $2.0 million for added liquidity.","Accumulated excess production costs may further reduce or eliminate future distributions."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":7137549.439647254,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":198781,"accession_number":"0001104659-24-129751","cik":313364,"company_name":"MESA ROYALTY TRUST/TX","ticker":"MTR","form_type":"8-K","filed_at":"2024-12-18T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Mesa Royalty Trust declares December distribution of $0.0224 per unit","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Distribution of $0.022423076 per unit payable Jan 31, 2025 to holders of record Dec 31, 2024.","Trust received $47,632 in income, all from New Mexico San Juan Basin properties operated by Hilcorp San Juan LP.","After administrative expenses, distributable net profits were $41,787.","Trust warns distributions will be materially reduced until cash reserves reach $2.0 million for added liquidity.","Excess production costs have accumulated and may result in no distributions in future periods."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":7137549.439647254,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":198780,"accession_number":"0001104659-24-120567","cik":313364,"company_name":"MESA ROYALTY TRUST/TX","ticker":"MTR","form_type":"8-K","filed_at":"2024-11-19T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Mesa Royalty Trust announces $0.00306/unit November distribution","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Distribution of $0.003060770 per unit payable Jan 31, 2025 to holders of record Nov 29, 2024.","Trust received $22,189.57 in total income: $8,766.51 from Colorado (SIMCOE/IKAV) and $13,423.06 from New Mexico (Hilcorp).","Net distributable profit after admin expenses was $5,704.02.","Trust warns distributions will be materially reduced until cash reserves reach $2.0 million for added liquidity."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":7137549.439647254,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":198779,"accession_number":"0001104659-24-110224","cik":313364,"company_name":"MESA ROYALTY TRUST/TX","ticker":"MTR","form_type":"8-K","filed_at":"2024-10-21T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Mesa Royalty Trust declares monthly distribution of $0.0057/unit for October 2024","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Distribution of $0.005692813 per unit; record date Oct 31, 2024; payable Jan 31, 2025.","Trust received $26,349 from San Juan Basin Colorado properties (SIMCOE LLC/IKAV). No income from other owners.","After administrative expenses, distributable net profits were $10,609.","Trust is building cash reserves to $2.0 million, which will materially reduce future distributions."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"market_cap_usd":7137549.439647254,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":214813,"accession_number":"0001104659-24-101701","cik":313364,"company_name":"MESA ROYALTY TRUST/TX","ticker":"MTR","form_type":"8-K","filed_at":"2024-09-20T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Mesa Royalty Trust announces $0.003733/unit Sept distribution; warns of reduced payments until $2M reserve built","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Distribution of $0.003733319 per unit to holders of record Sept 30, 2024, payable Oct 31, 2024.","Trust received $10,846 in royalty income, all from New Mexico San Juan Basin properties operated by Hilcorp San Juan LP.","After administrative expenses, distributable net profit income was $6,957.","Trust reiterates that distributions expected to be materially reduced until $2.0 million cash reserve is built to provide liquidity."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"market_cap_usd":7137549.439647254,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":214812,"accession_number":"0001104659-24-091271","cik":313364,"company_name":"MESA ROYALTY TRUST/TX","ticker":"MTR","form_type":"8-K","filed_at":"2024-08-20T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Mesa Royalty Trust announces no distribution for August 2024; costs exceeded revenue","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["No August 2024 distribution; record date August 30, 2024, as costs, charges, and expenses exceeded royalty revenue.","Distributions expected to be materially reduced until trust builds $2.0 million cash reserve for added liquidity.","Cumulative excess production costs continue to reduce available proceeds; future periods may also see no distributions.","Volatility in oil/gas prices and working interest owner reports directly affect distribution amounts."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":7137549.439647254,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":214811,"accession_number":"0001104659-24-081172","cik":313364,"company_name":"MESA ROYALTY TRUST/TX","ticker":"MTR","form_type":"8-K","filed_at":"2024-07-19T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Mesa Royalty Trust announces July distribution of $0.0018/unit; warns of reduced future payouts as it builds $2M reserve","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Distribution: $0.001801384 per unit, record July 31, payable October 31, 2024.","Trust received $36,618 from New Mexico San Juan Basin properties operated by Hilcorp; no other income.","After administrative expenses, distributable net profit was $3,357.","Distributions expected to be materially reduced until cash reserve reaches $2.0 million.","Accumulated excess production costs continue to pressure distributions and may result in zero payouts."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":7137549.439647254,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":233967,"accession_number":"0001104659-24-072819","cik":313364,"company_name":"MESA ROYALTY TRUST/TX","ticker":"MTR","form_type":"8-K","filed_at":"2024-06-18T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Mesa Royalty Trust declares June 2024 distribution of $0.0388 per unit","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Distribution of $0.038766492 per unit, record June 28, 2024, payable July 31, 2024.","Trust received $85,246 from San Juan Basin properties operated by Hilcorp; no other income.","Net distributable profit after expenses and reserves was $72,245.","Trust expects materially reduced distributions until cash reserves reach $2.0 million."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":7137549.439647254,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":233966,"accession_number":"0001104659-24-063834","cik":313364,"company_name":"MESA ROYALTY TRUST/TX","ticker":"MTR","form_type":"8-K","filed_at":"2024-05-21T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Mesa Royalty Trust May distribution $0.0546/unit; warns of materially reduced future payouts","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["May 2024 distribution of $0.054572375 per unit, payable July 31, 2024 to holders of record May 31, 2024.","Trust received $130,266 from New Mexico San Juan Basin properties (Hilcorp); no income from other working interest owners.","After cash reserves and expenses, distributable net profits were $101,701.","Distributions expected to be materially reduced until Trust builds cash reserves to $2.0 million.","Accumulated excess production costs continue to pose risk; future distributions may be eliminated."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":7137549.439647254,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":233965,"accession_number":"0001104659-24-048853","cik":313364,"company_name":"MESA ROYALTY TRUST/TX","ticker":"MTR","form_type":"8-K","filed_at":"2024-04-18T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Mesa Royalty Trust announces April 2024 distribution of $0.0192/unit","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Distribution of $0.019208416 per unit payable July 31, 2024 to holders of record April 30, 2024.","Trust received $89,860 in royalty income from Hilcorp-operated San Juan Basin properties; no other working interest income.","Distributable net profits after reserves and expenses: $35,797.","Trust continues accumulating cash reserves toward $2.0M target, expected to materially reduce future distributions.","No income from other working interest owners; future payments subject to oil/gas price and cost volatility."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":7137549.439647254,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":null}