Welcome to our dedicated page for Mesa Royalty Trust news (Ticker: MTR), a resource for investors and traders seeking the latest updates and insights on Mesa Royalty Trust stock.
Mesa Royalty Trust (MTR) holds net overriding royalty interests in several oil and gas properties, specifically located in the Hugoton field of Kansas, the San Juan Basin field of New Mexico, and the San Juan Basin field of Colorado. These royalty interests entitle the trust to a portion of the production and revenues generated from these fields, enabling it to distribute income to its unit holders.
Founded to provide investors with an opportunity to receive income from established energy-producing assets, Mesa Royalty Trust has a streamlined business model focused on maximizing returns from its existing interests. The trust does not engage in exploration or active management of the properties; instead, it benefits passively from the production handled by the operating companies.
Recent financial reports indicate stable production levels and consistent income distributions, which are appealing to investors seeking steady returns. The trust’s simplicity and focus on established fields reduce operational risks, providing a reliable income stream.
Mesa Royalty Trust’s strategic locations in the Hugoton and San Juan Basins place it in some of the most prolific natural gas and oil regions in the United States. The Hugoton field, known for its extensive natural gas reserves, and the San Juan Basin, rich in both gas and oil, have long histories of production, supported by existing infrastructure and experienced operators.
While the trust itself does not engage in any direct operations, it is dependent on the performance and management of the operating companies, primarily publicly traded entities with strong track records in the energy sector. These partnerships ensure that the trust can continue to provide value to its unit holders through regular royalty distributions.
In summary, Mesa Royalty Trust offers a low-risk entry point into the oil and gas sector, focusing on stable income from long-established fields without the complexities of direct operations. This makes it an attractive option for investors looking for dependable income from energy assets.
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.
Mesa Royalty Trust (NYSE: MTR) announced a distribution of $0.111768283 per unit for January 2022, payable on April 29, 2022. The total income received was $266,984, solely from its New Mexico properties. Following expenses, distributable net profits were $208,290. The Trust plans to increase cash reserves from $1.0 million to $2.0 million in 2022, which may reduce distributions. Future distributions could be inconsistent due to production costs and market volatility, with the risk of no distributions during certain periods.
Mesa Royalty Trust (NYSE: MTR) has announced the income distribution for December 2021, with unitholders receiving $0.129845651 per unit, payable on January 31, 2022. The Trust reported total income of $277,472 from its New Mexico San Juan Basin properties, while net distributable income amounted to $241,979 after expenses. Due to fluctuating oil prices and production costs, future distributions may vary, and unitholders may not see significant payouts in 2022 as the Trust aims to increase cash reserves to $2 million.
Mesa Royalty Trust (NYSE: MTR) announced no distribution for November 2021, as operational costs surpassed revenue from oil and gas sales. The Trust intends to increase cash reserves from $1 million to $2 million, impacting potential distributions through 2021 and beyond. The monthly distribution amounts may fluctuate based on production proceeds and administrative expenses. Excess production costs are expected to limit distributions, with the Trust warning of potential future months with no payments due to industry volatility and rising expenses.
Mesa Royalty Trust (MTR) announced no distribution for October 2021 due to costs exceeding revenue from oil and gas sales. Unitholders of record by October 29, 2021, will not receive payments as the Trust aims to bolster cash reserves for liquidity. With fluctuating monthly distributions based on production proceeds and administrative expenses, the Trust warns of potential future non-distributions. Substantial accumulated production costs and price volatility are expected to impact distributions moving forward.
Mesa Royalty Trust (NYSE: MTR) announced no distribution for September 2021 due to expenses surpassing revenue from its oil and gas properties. Costs associated with production in the Hugoton field and San Juan Basin exceeded income, necessitating increased cash reserves for liquidity. The Trust warned that distributions may be minimal or absent for the remainder of 2021, influenced by volatile industry conditions and rising costs. Investors should be aware that fluctuations in proceeds affect Trust distributions significantly.
Mesa Royalty Trust (NYSE: MTR) announced it will not distribute payments for August 2021, as costs exceeded revenues from oil and gas sales. This indicates ongoing financial difficulties due to substantial production costs and expected fluctuations in revenue. The Trust's monthly distributions are likely to remain unstable, with a possibility of no payments for the rest of 2021, as it aims to increase cash reserves for liquidity. The Trust cautions that future distributions may be affected by industry volatility, operational risks, and accumulated excess production costs.
Mesa Royalty Trust (NYSE: MTR) announced a distribution of $0.003925566 per unit for July 2021, payable on October 29, 2021. Total proceeds received from the San Juan Basin properties were $33,763, primarily from SIMCOE LLC. Future distributions are uncertain and may fluctuate based on production, oil, and gas prices, alongside administrative expenses. Significant excess production costs may further reduce distributions, and adjustments by the operator could lead to lower proceeds. Forward-looking statements highlight risks including operational delays and commodity price declines.
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