Mesa Royalty Trust declares $0.00243/unit Feb distribution; warns of reduced payouts

MESA ROYALTY TRUST/TX

Distribution of $0.002429966 per unit, payable Apr 30, 2025 to holders of record Feb 28, 2025.
Trust received $31,717 in income, all from New Mexico San Juan Basin properties operated by Hilcorp.
Distributable net profits were $4,528 after administrative expenses; no income from other working interest owners.
Distributions expected to be materially reduced until Trust builds cash reserves to $2.0 million.
Substantial accumulated excess production costs may cause periods with no distributions.

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