secwatch.observer — SEC 8-K summary
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Issuer:     MESA ROYALTY TRUST/TX (MTR)
CIK:        0000313364
Form:       8-K
Filed at:   2023-07-20T23:59:59+00:00
Accession:  0001104659-23-082703
Event type: dividend
Sentiment:  neutral
Materiality: 0.30
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Mesa Royalty Trust declares July 2023 distribution of $0.05797/unit
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- Distribution of $0.057965309 per unit; payable Oct 31, 2023 to holders of record July 31, 2023.
- Trust received $141,470 in royalty income, all from New Mexico San Juan Basin properties (Hilcorp).
- After reserves and expenses, distributable net profits were $108,024.
- Trust warns distributions will be materially reduced until cash reserves reach $2.0 million.
- Substantial accumulated excess production costs may result in no distributions in future periods.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/313364/000110465923082703/0001104659-23-082703-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/313364/000110465923082703/tm2321679d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-082703

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