Mesa Royalty Trust to skip September 2026 distribution
MTR said there will be no September 2026 distribution because costs and expenses exceeded revenues from its royalty properties. The trust is building cash reserves to $2.0M, expected to materially reduce distributions until that level is reached.
Mesa Royalty Trust said there will be no September 2026 distribution after costs and expenses exceeded revenues from its royalty properties. 0M, which is expected to materially reduce distributions until that level is reached.