---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-113649"
form_type: "8-K"
ticker: "MTR"
cik: "0000313364"
company_name: "MESA ROYALTY TRUST/TX"
filed_at: "2025-11-18T23:59:59+00:00"
generated_at: "2026-05-16T18:56:58.830786+00:00"
event_type: "dividend"
sentiment: "negative"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Mesa Royalty Trust declares Nov 2025 distribution of $0.02962/unit; warns of future reductions

## Summary
- Distribution of $0.029620472 per unit, record Nov 28, 2025, payable Jan 30, 2026.
- Trust received $57,503 in royalty income, all from Hilcorp-operated San Juan Basin properties in New Mexico.
- Distributable net profits after expenses were $55,200; no income from other working interest owners.
- Distributions expected to be materially reduced until cash reserves reach $2.0 million.
- Accumulated excess production costs may further decrease or eliminate future Trust distributions.

## SEC filing metadata
- accession: 0001104659-25-113649
- form_type: 8-K
- ticker: MTR
- cik: 0000313364
- company_name: MESA ROYALTY TRUST/TX
- filed_at: 2025-11-18T23:59:59+00:00
- event_type: dividend
- sentiment: negative
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/313364/000110465925113649/0001104659-25-113649-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/313364/000110465925113649/tm2531331d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-113649
- JSON: https://secwatch.observer/filing/0001104659-25-113649.json
- Plain text: https://secwatch.observer/filing/0001104659-25-113649.txt

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