{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-24-063834","form_type":"8-K","ticker":"MTR","cik":"0000313364","company_name":"MESA ROYALTY TRUST/TX","filed_at":"2024-05-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:21.516777+00:00","generated_at":"2026-06-01T11:36:05.234300+00:00","sec_items":["2.02","9.01"],"event_type":"dividend","sentiment":"negative","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Mesa Royalty Trust May distribution $0.0546/unit; warns of materially reduced future payouts","bullets":["May 2024 distribution of $0.054572375 per unit, payable July 31, 2024 to holders of record May 31, 2024.","Trust received $130,266 from New Mexico San Juan Basin properties (Hilcorp); no income from other working interest owners.","After cash reserves and expenses, distributable net profits were $101,701.","Distributions expected to be materially reduced until Trust builds cash reserves to $2.0 million.","Accumulated excess production costs continue to pose risk; future distributions may be eliminated."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-24-063834","json":"https://secwatch.observer/filing/0001104659-24-063834.json","markdown":"https://secwatch.observer/filing/0001104659-24-063834.md","text":"https://secwatch.observer/filing/0001104659-24-063834.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/313364/000110465924063834/0001104659-24-063834-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/313364/000110465924063834/tm2414745d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-01T11:36:05.234300+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}