---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-108921"
form_type: "8-K"
ticker: "MTR"
cik: "0000313364"
company_name: "MESA ROYALTY TRUST/TX"
filed_at: "2026-09-18T20:00:15+00:00"
generated_at: "2026-09-18T20:02:03.959953+00:00"
event_type: "dividend"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Mesa Royalty Trust pays no September 2026 distribution; costs exceed revenue

## Summary
- No distribution for September 2026; costs, charges, and expenses exceeded royalty revenue from oil and gas production.
- Trust targets $2.0M cash reserve for added liquidity; distributions materially reduced until reserve is reached.
- Substantial accumulated excess production costs across Hugoton field (KS) and San Juan Basin (NM/CO) may cause future no-payment months.
- Monthly distributions expected to fluctuate with production, oil and gas prices, and administrative expenses reported by working interest owners.

## SEC filing metadata
- accession: 0001104659-26-108921
- form_type: 8-K
- ticker: MTR
- cik: 0000313364
- company_name: MESA ROYALTY TRUST/TX
- filed_at: 2026-09-18T20:00:15+00:00
- event_type: dividend
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/313364/000110465926108921/0001104659-26-108921-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/313364/000110465926108921/tm2625604d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-108921
- JSON: https://secwatch.observer/filing/0001104659-26-108921.json
- Plain text: https://secwatch.observer/filing/0001104659-26-108921.txt

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