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MESA ROYALTY TRUST/TXBullish
Mesa Royalty Trust (MTR) announced that there will be no distribution for October 2026 as operating costs for its royalty properties exceeded revenues. Furthermore, distributions are expected to be materially reduced until the Trust increases its cash reserves to $2.0 million to ensure added liquidity.…more
MESA ROYALTY TRUST/TX
Mesa Royalty Trust (MTR) announced that there will be no distribution for September 2026 as operating costs for its royalty properties exceeded revenues. The Trust also noted that distributions are expected to be materially reduced until it builds its cash reserves to $2.0 million to ensure added liquidity.…more
MESA ROYALTY TRUST/TX
Mesa Royalty Trust (MTR) announced that there will be no distribution for August 2026, as costs and expenses associated with its royalty properties exceeded revenues from oil and gas sales. Furthermore, the Trust stated that distributions to unitholders are expected to be materially reduced until it builds its cash reserves to $2.0 million.…more
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