Mesa Royalty Trust Announces There Will Be No Distribution for October 2026
Business Wire•20/10/2026•16:56 ET
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Key Highlights
- ➤Mesa Royalty Trust (MTR) will pay no distribution for October 2026
- ➤Costs and expenses exceeded revenue from oil, gas and hydrocarbon sales
- ➤Distributions expected materially reduced until cash reserves reach $2.0 million
- ➤Accumulated excess production costs may further reduce or eliminate distributions
Mesa Royalty Trust Announces There Will Be No Distribution for October 2026
Mesa Royalty Trust (the “Trust”) (NYSE symbol-MTR) announced today that there will be no distribution paid for the month of October 2026, as costs, charges and expenses attributable to the Trust’s royalty properties exceeded the revenue received from the sale of oil, natural gas and other hydrocarbons produced from such properties, as reported by the working interest owners.
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