{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-069030","form_type":"8-K","ticker":"MTR","cik":"0000313364","company_name":"MESA ROYALTY TRUST/TX","filed_at":"2025-07-18T23:59:59+00:00","discovered_at":"2026-05-14T18:02:46.024528+00:00","generated_at":"2026-05-18T05:51:51.536819+00:00","sec_items":["2.02","9.01"],"event_type":"dividend","sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Mesa Royalty Trust July 2025 distribution $0.02748/unit; warns of reduced future payouts","bullets":["Distribution of $0.02748 per unit, record July 31, 2025, payable Oct 31, 2025.","Trust received $80,962 from New Mexico San Juan Basin properties only; no other income.","After admin expenses, distributable net profits were $51,212.","Distributions expected to be materially reduced until cash reserves reach $2.0M.","Substantial accumulated excess production costs may lead to no distributions in some periods."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-069030","json":"https://secwatch.observer/filing/0001104659-25-069030.json","markdown":"https://secwatch.observer/filing/0001104659-25-069030.md","text":"https://secwatch.observer/filing/0001104659-25-069030.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/313364/000110465925069030/0001104659-25-069030-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/313364/000110465925069030/tm2521086d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-18T05:51:51.536819+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}