---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-035048"
form_type: "8-K"
ticker: "MTR"
cik: "0000313364"
company_name: "MESA ROYALTY TRUST/TX"
filed_at: "2023-03-21T23:59:59+00:00"
generated_at: "2026-06-17T22:35:47.135918+00:00"
event_type: "dividend"
sentiment: "negative"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- March 2023 distribution: $0.111765364 per unit, payable April 28, 2023 to holders of record March 31, 2023.
- Total income received: $239,261 from San Juan Basin (NM), $23,205 (CO-SIMCOE), $10,347 (CO-Red Willow); no income from Hugoton.
- Distributable net profit after expenses and reserves: $208,285.
- Trust intends to increase cash reserves to $2.0 million, which will materially reduce future distributions.
- Accumulated excess production costs may lead to periods with no distributions.

## SEC filing metadata
- accession: 0001104659-23-035048
- form_type: 8-K
- ticker: MTR
- cik: 0000313364
- company_name: MESA ROYALTY TRUST/TX
- filed_at: 2023-03-21T23:59:59+00:00
- event_type: dividend
- sentiment: negative
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/313364/000110465923035048/0001104659-23-035048-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/313364/000110465923035048/tm2310128d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-035048
- JSON: https://secwatch.observer/filing/0001104659-23-035048.json
- Plain text: https://secwatch.observer/filing/0001104659-23-035048.txt

## Key facts
- Earnings Releases
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/313364/000110465923035048/0001104659-23-035048-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.