Mesa Royalty Trust declares March 2024 distribution of $0.0278/unit

MESA ROYALTY TRUST/TX

Distribution of $0.027776761 per unit for unitholders of record March 29, 2024, payable April 30, 2024.
Trust received $91,035 in income, all from New Mexico San Juan Basin properties operated by Hilcorp San Juan LP.
No income received in March 2024 from any other working interest owner.
Distributable net profits after cash reserves and expenses were $51,764.
Trust continues to build cash reserves to $2.0 million, which will materially reduce future distributions.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

MESA ROYALTY TRUST/TX reported March 2024 results: revenue $91,035, net income $51,764, EPS $0.027776761 per unit.

Period: March 2024
Revenue: $91,035
Net income: $51,764
EPS: $0.027776761 per unit
Result: reported results

Exact text from the filing

Unitholders of record on March 29, 2024 will receive distributions amounting to $0.027776761 per unit, payable on April 30, 2024. The Trust received $91,035, all of which came from the New Mexico portion of the Trust’s San Juan Basin properties operated by Hilcorp San Juan LP, an affiliate of Hilcorp Energy Company. No income was received in March 2024 from any other working interest owner. This month, after the Trust’s withholding for cash reserves and the payment of administrative expenses, income from the distributable net profits was $51,764.

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Source: SEC EDGAR

accession 0001104659-24-036126

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