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0.00893271461716937 0.00893271461716937 0.0162180974477957 0.013921113689095 0.0116009280742459 0.0416009280742458 0.0416009280742458 0.0416009280742458
Stock impact report

Mesa Royalty Trust Announces There Will Be No Distribution for April 2021

Mesa Royalty Trust (MTR) 
US:NYSE Investor Relations: mtr.investorhq.businesswire.com
Company Research Source: Business Wire
HOUSTON--(BUSINESS WIRE)--Mesa Royalty Trust (the “Trust”) (NYSE: MTR) announced today that there will be no distribution paid for the month of April 2021 to holders of record as of the close of business on April 30, 2021, as costs, charges and expenses attributable to the Trust’s royalty properties, and applicable reserves, 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.The Trust was formed to own an overriding royalty interest of the net proceeds attributable to the specified interest in certain producing oil and gas properties located in the Hugoton field of Kansas and the San Juan Basin fields of New Mexico and Colorado. As described in the Trust's filings, the amount of the monthly distributions is expected to fluctuate from month to month, depending on the proceeds, if any, received by the Trust as a result of production, oil and natural gas prices and the amount Show less Read more
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