---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-062251"
form_type: "8-K"
ticker: "MTR"
cik: "0000313364"
company_name: "MESA ROYALTY TRUST/TX"
filed_at: "2023-05-18T23:59:59+00:00"
generated_at: "2026-06-14T21:36:05.957424+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Mesa Royalty Trust declares $0.4875/unit May distribution; warns of materially reduced future payouts

## Summary
- Distribution of $0.487527137 per unit payable July 31, 2023 to holders of record May 31, 2023.
- Trust received $978,608 from Hilcorp-operated New Mexico properties and $7,590 from Red Willow-operated Colorado properties.
- No income from Hugoton or SIMCOE-operated Colorado properties in May 2023.
- Distributable net profits after reserves and expenses were $908,551.
- Trust intends to increase cash reserves to $2.0 million, materially reducing future distributions; accumulated excess production costs persist.

## SEC filing metadata
- accession: 0001104659-23-062251
- form_type: 8-K
- ticker: MTR
- cik: 0000313364
- company_name: MESA ROYALTY TRUST/TX
- filed_at: 2023-05-18T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/313364/000110465923062251/0001104659-23-062251-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/313364/000110465923062251/tm2316145d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-062251
- JSON: https://secwatch.observer/filing/0001104659-23-062251.json
- Plain text: https://secwatch.observer/filing/0001104659-23-062251.txt

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