secwatch.observer — SEC 8-K summary
======================================

Issuer:     MESA ROYALTY TRUST/TX (MTR)
CIK:        0000313364
Form:       8-K
Filed at:   2025-11-18T23:59:59+00:00
Accession:  0001104659-25-113649
Event type: dividend
Sentiment:  negative
Materiality: 0.50
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/313364/000110465925113649/0001104659-25-113649-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/313364/000110465925113649/tm2531331d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-113649

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer