Mesa Royalty Trust Announces December 2025 Income Distribution of $0.018551844 per Unit

Mesa Royalty Trust filed an 8-K on December 19, 2025, announcing its royalty income and distribution for December 2025. The Trust will distribute $0.018551844 per unit to unitholders of record on December 31, 2025, payable on January 30, 2026. The Trust received $35,596 in income, entirely from the New Mexico portion of its San Juan Basin properties operated by Hilcorp San Juan LP. After administrative expenses, distributable net profits were $34,573. The filing notes that distributions are expected to fluctuate monthly based on production proceeds, oil and gas prices, and administrative expenses. Importantly, the Trust indicated that distributions to unitholders are expected to be materially reduced until the Trust increases its cash reserves to $2.0 million to provide added liquidity. The filing also contains forward-looking statements and cautionary notes about risks affecting future distributions.