MESA ROYALTY TRUST/TX (MTR) Form 8-K — Oct 20, 2026
Mesa Royalty Trust (NYSE: MTR) announced there will be no distribution paid for October 2026, as costs, charges and expenses attributable to the trust's royalty properties exceeded revenue from oil, natural gas and hydrocarbon sales. 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. Substantial accumulated excess production costs are expected to reduce, and in some periods eliminate, distributions.
Key figures
- Target cash reserve
- $2.0 million
- October 2026 distribution
- 0
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