earnings
confidence high
sentiment negative
materiality 0.50
Mesa Royalty Trust announces $0.00306/unit November distribution
MESA ROYALTY TRUST/TX
- Distribution of $0.003060770 per unit payable Jan 31, 2025 to holders of record Nov 29, 2024.
- Trust received $22,189.57 in total income: $8,766.51 from Colorado (SIMCOE/IKAV) and $13,423.06 from New Mexico (Hilcorp).
- Net distributable profit after admin expenses was $5,704.02.
- Trust warns distributions will be materially reduced until cash reserves reach $2.0 million for added liquidity.