Mesa Royalty Trust Announces December 2022 Distribution of $0.2012 Per Unit

MESA ROYALTY TRUST/TX

Distribution of $0.201199745 per unit declared for December 2022, payable Jan 31, 2023 to unitholders of record Dec 30, 2022.
Received $336,595 from Hilcorp San Juan LP (New Mexico San Juan Basin) and $64,224 from Scout Energy Group V, LP (Hugoton Royalty).
No income received from Colorado San Juan Basin properties operated by SIMCOE LLC (IKAV Energy) or Red Willow Production Company.
After withholding for cash reserves and expenses, distributable net profits totaled $374,954.
Trust plans to increase cash reserves to $2.0 million, which may materially reduce future distributions.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

MESA ROYALTY TRUST/TX reported the month of December 2022 results: net income $374,954.

Period: the month of December 2022
Net income: $374,954
Result: reported results

Exact text from the filing

This month, after the Trust’s withholding for cash reserves and the payment of administrative expenses, income from the distributable net profits was $374,954.

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Source: SEC EDGAR

accession 0001104659-22-128622

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