secwatch.observer — SEC 8-K summary ====================================== Issuer: MESA ROYALTY TRUST/TX (MTR) CIK: 0000313364 Form: 8-K Filed at: 2025-10-16T23:59:59+00:00 Accession: 0001104659-25-100079 Event type: dividend Sentiment: negative Materiality: 0.60 Item codes: 2.02, 9.01 LLM model: deepseek-v4-flash:cloud@v2 Mesa Royalty Trust declares Oct 2025 distribution of $0.01835/unit; warns of materially reduced payouts -------------------------------------------------------------------------------- - 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. Source: EDGAR index: https://www.sec.gov/Archives/edgar/data/313364/000110465925100079/0001104659-25-100079-index.htm Primary doc: https://www.sec.gov/Archives/edgar/data/313364/000110465925100079/tm2528833d1_8k.htm HTML page: https://secwatch.observer/filing/0001104659-25-100079 License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer