UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
April 17, 2026
Mesa Royalty Trust
(Exact name of registrant as specified in its
charter)
| Texas |
|
1-7884 |
|
76-6284806 |
| (State
or other jurisdiction of |
|
(Commission |
|
(IRS
Employer |
| incorporation
) |
|
File
Number) |
|
Identification
No.) |
| The
Bank of New York Mellon Trust Company, N.A., Trustee |
|
|
| Global
Corporate Trust |
|
|
| 601
Travis Street, Floor 16 |
|
|
| Houston,
Texas |
|
77002 |
| (Address
of principal executive offices) |
|
(Zip
Code) |
Registrant’s telephone number, including
area code: (713) 483-6020
Not Applicable
(Former name or former address, if changed since
last report.)
Check the appropriate box below if the Form 8-K filing is intended
to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
¨ Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨ Soliciting material pursuant to Rule 14a-12 under the Exchange
Act (17 CFR 240.14a-12)
¨ Pre-commencement communications pursuant to Rule 14d-2(b) under
the Exchange Act (17 CFR 240.14d-2(b))
¨ Pre-commencement communications pursuant to Rule 13e-4(c) under
the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
| Title
of each class |
Trading
Symbol(s) |
Name
of each exchange on which registered |
| Units
of Beneficial Interest |
MTR |
New
York Stock Exchange |
Indicate by check mark whether the registrant is an emerging growth
company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities
Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging
growth company ¨
If an emerging
growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any
new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
Item 2.02 Results of Operations and Financial Condition.
On April 17, 2026 Mesa Royalty Trust issued a
press release announcing Mesa Royalty Trust’s royalty income and income distribution for the month of April 2026. A copy of the
press release is furnished as Exhibit 99.1 hereto and is incorporated herein by reference.
Pursuant
to General Instruction B.2 of Form 8-K and Securities and Exchange Commission Release No. 33-8176, the press release attached
as Exhibit 99.1 is not “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended,
is not subject to the liabilities of that section and is not deemed incorporated by reference in any filing under the Securities Act
of 1933, as amended, but is instead furnished for purposes of that instruction.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
| Exhibit |
|
Description |
| |
|
|
| 99.1 |
|
Mesa Royalty Trust Press
Release dated April 17, 2026. |
SIGNATURES
Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| |
Mesa Royalty Trust |
| |
By: |
The Bank of New York Mellon Trust
Company, N.A., as |
| |
|
Trustee |
| |
|
|
| Date: April 17, 2026 |
By: |
/s/ Elaina Rodgers |
| |
|
Elaina Rodgers |
| |
|
Vice President |
Exhibit 99.1
Mesa-Royalty-Trust
Mesa Royalty Trust Announces Trust
Income for April 2026
MESA ROYALTY TRUST
The Bank of New York Mellon Trust
Company, N.A., Trustee
NEWS RELEASE
FOR IMMEDIATE RELEASE
HOUSTON, TEXAS — April 17,
2026 — Mesa Royalty Trust (the “Trust”) (NYSE symbol-MTR) announced today the Trust income distribution for the month
of April 2026. Unitholders of record on April 30, 2026 will receive distributions amounting to $0.040259155 per unit, payable
on July 31, 2026. The Trust received $96,591, all of which came from the New Mexico portion of the Trust’s San Juan Basin
properties operated by Hilcorp San Juan LP, an affiliate of Hilcorp Energy Company. No income was received in April 2026 from any
other working interest owner. This month, after payment of administrative expenses, income from the distributable net profits was $75,027.
The Trust was formed to own an overriding
royalty interest of the net proceeds attributable to certain producing oil and gas properties located in the Hugoton field of Kansas
and the San Juan Basin fields of New Mexico and Colorado. As described in the Trust's public filings, the amount of the monthly distributions
is expected to fluctuate from month to month, depending on the proceeds, if any, received by the Trust as a result of production, oil
and natural gas prices and the amount of the Trust’s administrative expenses, among other factors. In addition, as further described
in the Trust’s most recent filing on Form 10-K, distributions to unitholders are expected to be materially reduced, until
the Trust increases its cash reserves to a total of $2.0 million in order to provide added liquidity.
Proceeds reported by the working interest
owners for any month are not generally representative of net proceeds that will be received by the Trust in future periods. As further
described in the Trust’s Form 10-K and Form 10-Q filings, production and development costs for the royalty interest have
resulted in substantial accumulated excess production costs, which will decrease Trust distributions, and in some periods may result
in no Trust distributions. The amount of proceeds, if any, received or expected to be received by the Trust (and its ability to pay distributions
to unitholders) has been and will continue to be directly affected, among other things, by volatility in the industry and revenues and
expenses reported to the Trust by working interest owners. Any additional expenses and adjustments, among other things, will reduce proceeds
to the Trust, which will reduce the amount of cash available for distribution to unitholders and in certain periods could result in no
distributions to unitholders.
This press release contains forward-looking
statements. No assurances can be given that the expectations contained in this press release will prove to be correct. The working
interest owners alone control historical operating data, and handle receipt and payment of funds relating to the royalty properties and
payments to the Trust for the related royalty. The Trustee cannot assure that errors or adjustments or expenses accrued by the working
interest owners, whether historical or future, will not affect future royalty income and distributions by the Trust. Other important
factors that could cause these statements to differ materially include delays in actual results of drilling operations, risks inherent
in drilling and production of oil and gas properties, declines in commodity pricing, prices received by working interest owners and other
risks described in the Trust’s Form 10-K for the year ended December 31, 2025. Statements made in this press release
are qualified by the cautionary statements made in such risk factors. The Trust does not intend, and assumes no obligations, to
update any of the statements included in this press release. Each unitholder should consult its own tax advisor with respect to its particular
circumstances.
| Contact: |
Mesa Royalty Trust |
| |
The Bank of New York Mellon Trust Company, N.A.,
as Trustee |
| |
Elaina Rodgers |
| |
713-483-6020 |
http://mtr.q4web.com/home/default.aspx
601 Travis Street,
Floor 16, Houston, TX 77002
