Mesa Royalty Trust announces no distribution for July 2026; costs exceed revenue

MESA ROYALTY TRUST/TX

No distribution for July 2026; costs, charges, and expenses exceeded revenue from oil and gas sales.
Distributions expected to be materially reduced until Trust increases cash reserves to $2.0 million.
Substantial accumulated excess production costs have decreased distributions and may cause no distributions in future periods.
Proceeds reported by working interest owners for any month are not representative of future net proceeds.

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