secwatch.observer — SEC 8-K summary
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Issuer:     MESA ROYALTY TRUST/TX (MTR)
CIK:        0000313364
Form:       8-K
Filed at:   2024-01-18T23:59:59+00:00
Accession:  0001104659-24-004805
Event type: other_material
Sentiment:  neutral
Materiality: 0.25
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Mesa Royalty Trust announces January 2024 distribution of $0.02519 per unit
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- Distribution of $0.025185860 per unit payable April 30, 2024 to holders of record Jan 31, 2024.
- Trust received $65,406 in royalty income, all from New Mexico San Juan Basin properties operated by Hilcorp.
- After administrative expenses, distributable net profits were $46,936.
- Trust is building cash reserves to $2.0 million, which will materially reduce future distributions.
- Substantial accumulated excess production costs may further reduce or eliminate distributions in some periods.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/313364/000110465924004805/0001104659-24-004805-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/313364/000110465924004805/tm243553d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-004805

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