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8-K filed March 21, 2023, 7:59 PM ET ticker MTR CIK 0000313364
dividend confidence high sentiment negative materiality 0.55

Mesa Royalty Trust declares March distribution of $0.1118/unit; warns of reduced future payouts

MESA ROYALTY TRUST/TX

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 for the month of March 2023 results: net income income from the distributable net profits was $208,285, EPS distributions amounting to $0.111765364 per unit.

Period
for the month of March 2023
Net income
income from the distributable net profits was $208,285
EPS
distributions amounting to $0.111765364 per unit
Result
reported results
Exact text from the filing
Mesa Royalty Trust (the "Trust") (NYSE symbol-MTR) announced today the Trust income distribution for the month of March 2023. Unitholders of record on March 31, 2023 will receive distributions amounting to $0.111765364 per unit, payable on April 28, 2023. The Trust received $239,261 which came from the New Mexico portion of the Trust’s San Juan Basin properties operated by Hilcorp San Juan LP, an affiliate of Hilcorp Energy Company, $23,205 which came from the Colorado portion of the Trust’s San Juan Basin properties operated by SIMCOE LLC, an affiliate of IKAV Energy Inc. and $10,347 which came from the Colorado portion of the Trust’s San Juan Basin properties operated by Red Willow Production Company. No income was received in March 2023 from the Hugoton Royalty properties operated by Scout Energy Group V, LP. This month, after the Trust’s withholding for cash reserves and the payment of administrative expenses, income from the distributable net profits was $208,285.
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Source: SEC EDGAR
accession 0001104659-23-035048
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