---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-050451"
form_type: "8-K"
ticker: "MTR"
cik: "0000313364"
company_name: "MESA ROYALTY TRUST/TX"
filed_at: "2025-05-19T23:59:59+00:00"
generated_at: "2026-05-21T02:18:21.269545+00:00"
event_type: "dividend"
sentiment: "negative"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# Mesa Royalty Trust May 2025 distribution $0.03185/unit, only New Mexico income

## Summary
- Distribution of $0.03185/unit for record date May 30, 2025, payable July 31, 2025.
- Trust received $67,348 in income, all from Hilcorp San Juan's New Mexico properties; no other operator income.
- Distributable net profits after administrative expenses were $59,351.
- Trust warns distributions will be materially reduced until cash reserves reach $2.0 million for liquidity.
- Excess production costs and volatility may further reduce or eliminate future distributions.

## SEC filing metadata
- accession: 0001104659-25-050451
- form_type: 8-K
- ticker: MTR
- cik: 0000313364
- company_name: MESA ROYALTY TRUST/TX
- filed_at: 2025-05-19T23:59:59+00:00
- event_type: dividend
- sentiment: negative
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/313364/000110465925050451/0001104659-25-050451-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/313364/000110465925050451/tm2515272d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-050451
- JSON: https://secwatch.observer/filing/0001104659-25-050451.json
- Plain text: https://secwatch.observer/filing/0001104659-25-050451.txt

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