secwatch.observer — SEC 8-K summary
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Issuer:     MESA ROYALTY TRUST/TX (MTR)
CIK:        0000313364
Form:       8-K
Filed at:   2023-12-19T23:59:59+00:00
Accession:  0001104659-23-127315
Event type: dividend
Sentiment:  negative
Materiality: 0.55
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Mesa Royalty Trust declares Dec distribution of $0.031/unit; warns of future reductions
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- Distribution of $0.030835621 per unit for December 2023; record date Dec 29, 2023; payable Jan 31, 2024.
- Total income of $99,199 received from Hilcorp San Juan LP (New Mexico San Juan Basin); no income from other working interest owners.
- Distributable net profits after reserves and expenses: $57,465.
- Trust warns distributions will be materially reduced until cash reserves reach $2.0 million for added liquidity.
- Accumulated excess production costs may result in no distributions in some future periods.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/313364/000110465923127315/0001104659-23-127315-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/313364/000110465923127315/tm2333212d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-127315

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