secwatch.observer — SEC 8-K summary
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Issuer:     MESA ROYALTY TRUST/TX (MTR)
CIK:        0000313364
Form:       8-K
Filed at:   2025-02-18T23:59:59+00:00
Accession:  0001104659-25-014769
Event type: other_material
Sentiment:  negative
Materiality: 0.50
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/313364/000110465925014769/0001104659-25-014769-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/313364/000110465925014769/tm256795d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-014769

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