Mesa Royalty Tr Stock Price, News & Analysis

Mesa Royalty Trust (NYSE: MTR) announced a distribution of $0.124452446 per unit for September 2022, payable on October 31, 2022, to unitholders of record as of September 30, 2022. The Trust received $275,783 in total income, all from its New Mexico properties. After expenses, the distributable net profits amount to $231,928. The Trust expects fluctuations in monthly distributions due to oil and gas prices and administrative costs, with potential reductions during 2022 to build cash reserves of $2.0 million.

Mesa Royalty Trust (NYSE: MTR) announced an income distribution of $0.2932 per unit for August 2022, payable on October 31, 2022. The Trust's income totaled $546,428 after expenses, with no income from its Colorado properties for the month. The distributions are expected to fluctuate based on oil and gas prices and development costs. Additionally, distributions are anticipated to decrease as the Trust aims to bolster cash reserves to $2.0 million. Financial performance is subject to risks from commodity pricing and operational delays.

Mesa Royalty Trust (NYSE: MTR) announced a distribution of $0.095514038 per unit for July 2022, payable on October 31, 2022. The total income received for the month was $221,927, sourced entirely from its New Mexico properties operated by Hilcorp San Juan LP. After administrative expenses, the distributable net profits amounted to $177,999. The Trust anticipates lower distributions in 2022 due to increased cash reserves of $2.0 million for liquidity, alongside substantial accumulated excess production costs that may lead to no distributions in some periods.

Mesa Royalty Trust (NYSE: MTR) has announced a distribution of $0.1497 per unit for June 2022, payable on July 29, 2022. The total income received was $201,622 from New Mexico and $105,910 from Hugoton Royalty properties. However, no income was reported from Colorado properties this month. The Trust intends to increase cash reserves to $2 million, which may lead to materially reduced distributions throughout 2022. Additionally, accumulated excess production costs may affect future distributions, and volatility in oil and gas prices poses further risks to unitholders.

Mesa Royalty Trust (NYSE: MTR) announced the income distribution for May 2022, with unitholders set to receive $0.250358523 per unit on July 29, 2022. Total income for the month amounted to $466,566, derived from operations in New Mexico and Hugoton properties, with no income from Colorado assets. The Trust plans to bolster cash reserves to $2.0 million, potentially reducing future distributions due to accumulated excess production costs and related uncertainties in the oil and gas industry.

Mesa Royalty Trust (NYSE: MTR) has announced its income distribution for April 2022. Unitholders of record as of April 29, 2022, will receive $0.1015 per unit on July 29, 2022. The Trust generated $235,478 in income, all from its San Juan Basin properties in New Mexico, with a distributable net profit of $189,179 after withholding for cash reserves and administrative costs.

Monthly distributions are subject to fluctuation based on oil and gas prices and production costs. The Trust plans to increase cash reserves from $1 million to $2 million during 2022, potentially reducing future distributions.

Mesa Royalty Trust (NYSE: MTR) reported a monthly distribution of $0.1028 per unit for March 2022, payable on April 29, 2022, to unitholders of record as of March 31, 2022. The Trust received $227,560, primarily from oil and gas properties in New Mexico. However, no income was received from Hugoton Royalty properties. Distributions are expected to fluctuate and may significantly decrease as the Trust aims to increase cash reserves from $1 million to $2 million in 2022, with potential no distributions in some periods due to accumulated excess production costs.

Mesa Royalty Trust (NYSE: MTR) announced its February 2022 income distribution of $0.109409758 per unit, payable on April 29, 2022, to unitholders of record as of February 28, 2022. The Trust's income totaled $238,351 from its New Mexico properties, with $203,895 distributable after expenses. Due to anticipated fluctuations based on production and market conditions, distributions are expected to decrease as the Trust aims to boost cash reserves from $1.0 million to $2.0 million throughout 2022. Ongoing production costs may also lead to reduced or zero distributions in future periods.