Mesa Royalty Tr Stock Price, News & Analysis

Mesa Royalty Trust (NYSE: MTR) announced its income distribution for April 2023. Unitholders of record on April 28, 2023, will receive $0.2379 per unit, payable on July 31, 2023. The Trust reported income totaling $515,733, with $492,928 from New Mexico and $22,805 from Colorado. However, no income was received from Hugoton Royalty properties or specific Colorado operations. After accounting for cash reserves and administrative expenses, the distributable net profits were $443,340. The Trust plans to increase cash reserves to $2 million, which may materially reduce future distributions. Furthermore, production costs may impact future distributions, with risks from commodity price volatility and operational delays potentially leading to reduced or nonexistent distributions.

Mesa Royalty Trust (NYSE: MTR) announced a distribution of $0.111765364 per unit for March 2023, payable on April 28, 2023. The total income received was $239,261 from New Mexico operations, $23,205 from Colorado's SIMCOE LLC, and $10,347 from Red Willow Production Company. After expenses and cash reserves, $208,285 is distributable. The Trust expects fluctuating monthly distributions, and future payouts may be reduced as cash reserves are raised to $2.0 million. Risks include potential decreases in distributions due to costs and commodity price volatility.

Mesa Royalty Trust (NYSE: MTR) announced an income distribution of $0.099748984 per unit for February 2023, payable on April 28, 2023, to unitholders of record as of February 28, 2023. The Trust received a total income of $212,150 from New Mexico operations and $1,134 from Colorado operations. However, distributions are expected to fluctuate due to production costs and market volatility. Notably, distributions may be materially reduced as the Trust aims to increase cash reserves to $2.0 million. The announcement highlights risks, including potential reductions in future distributions linked to accumulated excess production costs.

Mesa Royalty Trust (NYSE:MTR) announced a distribution of $0.158144166 per unit for January 2023, payable to unitholders of record on January 31, 2023. The Trust's total income for the month was $336,515, derived solely from its New Mexico properties operated by Hilcorp San Juan LP. After withholding for cash reserves and administrative expenses, distributable net profits amounted to $294,716. Future distributions may fluctuate based on production, oil and gas prices, and administrative expenses. The Trust aims to increase cash reserves to $2.0 million before further material distributions can be made.

Mesa Royalty Trust (NYSE:MTR) announced a monthly distribution of $0.201199745 per unit for December 2022, payable on January 31, 2023, to unitholders of record on December 30, 2022. The Trust reported a total income of $400,819, with $336,595 from New Mexico operations and $64,224 from Hugoton properties. No income was generated from Colorado properties this month. The Trust anticipates fluctuations in distribution amounts due to production and price variability, and it aims to increase cash reserves to $2 million, potentially decreasing future distributions significantly.

Mesa Royalty Trust (NYSE: MTR) declared a monthly income distribution of $0.185205910 per unit for November 2022, with payment scheduled for January 31, 2023. The Trust generated $265,426 from its New Mexico operations and $105,067 from Hugoton Royalty properties. Notably, no income was reported from Colorado properties. The Trust's total distributable net profits for September amounted to $345,148, but distributions may fluctuate due to production costs and market volatility. Future distributions could be materially reduced as the Trust aims to increase cash reserves to $2.0 million.