Dividends & Buybacks ·
Mesa Royalty Trust announced on September 18, 2026, that no distribution will be paid for the month of September 2026
MTRMesa Royalty Trust
Mesa Royalty Trust announced on September 18, 2026, that no distribution will be paid for the month of September 2026. This decision follows costs, charges, and expenses attributable to the Trust’s royalty properties exceeding revenue from oil, natural gas, and other hydrocarbon sales. The Trust aims to increase cash reserves to $2.0 million to provide added liquidity, a move expected to materially reduce distributions until achieved. Substantial accumulated excess production costs have previously decreased distributions and may result in no distributions in certain periods due to commodity price volatility and operating expenses reported by working interest owners. Mesa Royalty Trust operates as an energy royalty trust owning overriding royalty interests in producing oil and gas properties located in the Hugoton field of Kansas and the San Juan Basin fields of New Mexico and Colorado.