MTR
Mesa Royalty Trust4.6288
-0.0662-1.41%
Dec 16, 3:38:27 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
No earnings call transcript available
Key Stats
Market Cap
8.63MP/E (TTM)
20.13Basic EPS (TTM)
0.23Dividend Yield
0.04%Recent Filings
10-K
FY2025 results
Mesa Royalty Trust's FY2025 royalty income fell to $602K from $649K in 2024, driven by Hilcorp's San Juan Basin—New Mexico properties that supplied all proceeds amid Hugoton and Colorado deficits. Net production volumes dropped to 172,715 Mcf natural gas (down 34% y/y derived), 12,487 Bbls NGLs (up 3%), and 383 Bbls oil/condensate (up 29%), with Hilcorp gas prices rising to $2.04/Mcf yet operating costs climbing to $3.68/Mcf. Excess production costs swelled to $939K, curbing distributions to $0.23/unit from $0.21. Trustee hiked the contingent reserve toward $2M. Q4 momentum stalled as Colorado true-ups wiped payouts. Volatility in natural gas prices threatens quarterly flows.
8-K
Tiny March distribution announced
Mesa Royalty Trust announced March 2026 income from San Juan Basin properties, receiving $33,481 total but distributing just $0.005730260 per unit after expenses, netting $10,679 in distributable profits. All proceeds came from Hilcorp-operated New Mexico assets. Distributions slashed. Reserves buildup to $2.0 million will further curb payouts.
8-K
No February distribution
Mesa Royalty Trust announced no February 2026 distribution to unitholders of record on February 27, as Trust expenses exceeded oil and gas royalties from Hugoton and San Juan Basin properties. Distributions stay curtailed until cash reserves hit $2.0 million for liquidity. Excess production costs persist. No payout this month.
8-K
Tiny January distribution announced
Mesa Royalty Trust announced January 2026 income from San Juan Basin properties, receiving $18,206 total and $2,830 distributable net profits after expenses. Unitholders of record January 30 get $0.001518618 per unit, payable April 30. Distributions stay low while building $2.0 million reserves. Excess costs curb payouts.
8-K
December distribution: $0.0186/unit
Mesa Royalty Trust announced December 2025 income from San Juan Basin properties, receiving $35,596 solely from Hilcorp-operated New Mexico assets. After expenses, distributable net profits hit $34,573, yielding $0.018551844 per unit for unitholders of record December 31, payable January 30, 2026. Distributions remain low. Excess production costs curb payouts.
CRT
Cross Timbers Royalty Trust
7.66-0.40
GULTU
Gulf Coast Ultra Deep Royalty T
0.03-0.00
HGTXU
Hugoton Royalty Trust
0.30-0.01
MARPS
Marine Petroleum Trust
4.25-0.11
MVO
MV Oil Trust
1.26-0.03
NRT
North European Oil Royality Tru
6.26-0.06
PBT
Permian Basin Royalty Trust
16.53-0.71
PRT
PermRock Royalty Trust
3.84-0.03
SBR
Sabine Royalty Trust
67.30-2.00
SJT
San Juan Basin Royalty Trust
5.49-0.13