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Stock impact report

Mesa Royalty Trust Announces Trust Income for April 2020

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 the Trust income distribution for the month of April 2020. Unitholders of record on April 30, 2020 will receive distributions amounting to $0.017575066 per unit, payable on July 31, 2020.The Trust received $0 of Royalty income from the Hugoton properties, primarily as a result of steep recent declines in pricing, as reported by the working interest owner, Scout Energy Group V, LP. The Trust received $22,268 of Royalty income from the Colorado portion of the San Juan Basin properties. Royalty income received from the New Mexico portion of the San Juan Basin properties totaled $54,033, which included a reduction of $3,698 attributable to the reconciliation of estimated against actual revenue and expense amounts for the January 2018 accounting month.As previously reported on the Trust’s Form 10-K for the year ended December 31, 2019, Hilcorp San Juan LP (“Hilcorp”), the working interest owner in the New Show less Read more
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