secwatch.observer — SEC 8-K summary
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Issuer:     MESA ROYALTY TRUST/TX (MTR)
CIK:        0000313364
Form:       8-K
Filed at:   2025-03-21T23:59:59+00:00
Accession:  0001104659-25-026652
Event type: other_material
Sentiment:  negative
Materiality: 0.55
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/313364/000110465925026652/0001104659-25-026652-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/313364/000110465925026652/tm259564d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-026652

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