Welcome to our dedicated page for Mesa Royalty Tr news (Ticker: MTR), a resource for investors and traders seeking the latest updates and insights on Mesa Royalty Tr stock.
Mesa Royalty Trust (MTR) is a Texas royalty trust whose news flow centers on royalty income and cash distributions from its oil and natural gas interests. The Trust holds overriding royalty interests in producing properties in the Hugoton field of Kansas and the San Juan Basin fields of New Mexico and Colorado, and it regularly reports how proceeds from these properties translate into monthly distributions for unitholders.
Most Mesa Royalty Trust news items are monthly press releases announcing royalty income and income distributions. These updates typically describe the total proceeds reported by working interest owners, the share attributable to the Trust’s New Mexico San Juan Basin properties operated by Hilcorp San Juan LP, the Trust’s administrative expenses, and the resulting distributable net profits for the period.
In addition to headline distribution amounts, the Trust’s news highlights key factors affecting variability in payments. Releases reiterate that production and development costs have created substantial accumulated excess production costs, which can decrease distributions and, in some periods, lead to no distributions. They also reference the Trust’s plan, described in its Form 10-Q, to materially reduce distributions while building cash reserves to a total of $2.0 million for added liquidity.
Investors following MTR news can use these recurring announcements to track trends in reported proceeds, the impact of industry volatility on the Trust’s income, and ongoing changes in excess production costs and reserves. Bookmark this page to review Mesa Royalty Trust’s latest royalty income disclosures, distribution declarations, and related commentary furnished through its press releases and Form 8-K filings.
Mesa Royalty Trust (NYSE: MTR) announced a distribution of
Summary not available.
Mesa Royalty Trust (NYSE: MTR) announced an income distribution of
Mesa Royalty Trust (NYSE: MTR) announced a distribution of
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.
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.
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