secwatch.observer — SEC 8-K summary
======================================

Issuer:     MESA ROYALTY TRUST/TX (MTR)
CIK:        0000313364
Form:       8-K
Filed at:   2024-03-19T23:59:59+00:00
Accession:  0001104659-24-036126
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 March 2024 distribution of $0.0278/unit
-------------------------------------------------------------------

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/313364/000110465924036126/0001104659-24-036126-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/313364/000110465924036126/tm249171d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-036126

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer