{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-100079","form_type":"8-K","ticker":"MTR","cik":"0000313364","company_name":"MESA ROYALTY TRUST/TX","filed_at":"2025-10-16T23:59:59+00:00","discovered_at":"2026-05-14T18:02:41.683381+00:00","generated_at":"2026-05-17T03:37:39.407745+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 declares Oct 2025 distribution of $0.01835/unit; warns of materially reduced payouts","bullets":["Distribution of $0.018350966 per unit to holders of record Oct 31, 2025, payable Jan 30, 2026.","Total income received: $47,930 from New Mexico San Juan Basin properties (Hilcorp); no other working interest income.","Distributable net profits after expenses: $34,199.","Trust expects distributions materially reduced until cash reserves reach $2.0 million for added liquidity.","Accumulated excess production costs continue to weigh on future distributions; may result in no payments in some periods."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-100079","json":"https://secwatch.observer/filing/0001104659-25-100079.json","markdown":"https://secwatch.observer/filing/0001104659-25-100079.md","text":"https://secwatch.observer/filing/0001104659-25-100079.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/313364/000110465925100079/0001104659-25-100079-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/313364/000110465925100079/tm2528833d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T03:37:39.407745+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"}