---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-026652"
form_type: "8-K"
ticker: "MTR"
cik: "0000313364"
company_name: "MESA ROYALTY TRUST/TX"
filed_at: "2025-03-21T23:59:59+00:00"
generated_at: "2026-05-24T09:24:57.713771+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Mesa Royalty Trust March distribution $0.030174584/unit; warns of materially reduced payouts to build $2M reserve

## Summary
- March 2025 distribution of $0.030174584 per unit; record date March 31, payable April 30, 2025.
- Trust received $60,532 from Hilcorp-operated San Juan Basin properties (New Mexico); no other working interest income.
- After admin expenses, distributable net profits were $56,233.
- Distributions expected to be materially reduced until Trust increases cash reserves to $2.0 million for added liquidity.
- Accumulated excess production costs may result in no distributions in future periods.

## SEC filing metadata
- accession: 0001104659-25-026652
- form_type: 8-K
- ticker: MTR
- cik: 0000313364
- company_name: MESA ROYALTY TRUST/TX
- filed_at: 2025-03-21T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/313364/000110465925026652/0001104659-25-026652-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/313364/000110465925026652/tm259564d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-026652
- JSON: https://secwatch.observer/filing/0001104659-25-026652.json
- Plain text: https://secwatch.observer/filing/0001104659-25-026652.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.