Mesa Royalty Trust
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $4.9M
- Price
- $2.65
- % Change (Daily % change from the live per-ticker quote feed.)
- -1.01%
- Volume
- 5.7K
About
Mesa Royalty Trust holds net overriding royalty interests, representing financial stakes, in numerous oil and natural gas production sites situated across the United States. Its key assets are found within Kansas's Hugoton field and the expansive San Juan Basin, an area spanning northwestern New Mexico and southwestern Colorado. Established in 1979, the trust operates from its headquarters in Houston, Texas.
Quick stats
Shares outstanding1.9M
Computed float1.9M
Float / shares100.0%
Key info
SectorEnergy
IndustryOil & Gas Exploration & Production
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0000313364
AI Summary
AI-generated1/7
majorbearishdividend
Mesa Royalty Trust Announces There Will Be No Distribution for July 2026
Mesa Royalty Trust announced there will be no distribution for July 2026 because costs and expenses exceeded revenue from hydrocarbon sales reported by working interest owners.
The Trust stated that distributions to unitholders are expected to be materially reduced until cash reserves increase to a total of $2.0 million to provide added liquidity.
Future payments will continue to be affected by volatility in the industry, commodity prices, and production costs, with no assurance that distributions will resume at prior levels.
Red flags
- no distribution for July 2026 due to costs exceeding revenue
- distributions expected to be materially reduced until cash reserves reach $2.0 million