secwatch.observer — SEC 8-K summary
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Issuer:     MESA ROYALTY TRUST/TX (MTR)
CIK:        0000313364
Form:       8-K
Filed at:   2023-04-18T23:59:59+00:00
Accession:  0001104659-23-046702
Event type: dividend
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Mesa Royalty Trust announces April 2023 distribution of $0.2379/unit; warns of materially reduced distributions ahead
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- Distribution of $0.23789576 per unit payable July 31, 2023 to holders of record April 28, 2023.
- Trust received $492,928 from New Mexico San Juan Basin (Hilcorp) and $22,805 from Colorado (Red Willow).
- No income received from Hugoton properties or Colorado SIMCOE/IKAV properties in April.
- Trust intends to increase cash reserves to $2.0M, which will materially reduce future distributions.
- Distributions subject to fluctuation based on production, prices, and expenses; could be zero in some periods.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/313364/000110465923046702/0001104659-23-046702-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/313364/000110465923046702/tm2313076d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-046702

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