The distribution is in line with recent trends; traders should monitor future commodity prices and Hilcorp's operations for potential changes in income, but no immediate trading opportunity is indicated.
Price Chart
Executive Summary
Mesa Royalty Trust announced a monthly distribution of $0.040259155 per unit for April 2026, based on $96,591 in royalty income from its New Mexico properties, with $75,027 available for distribution after expenses. This is a routine monthly update consistent with prior periods.
Key Financial Metrics
Key Facts
- Monthly distribution set at $0.040259155 per unit for April 2026
- Total royalty income received: $96,591, all from New Mexico San Juan Basin properties operated by Hilcorp
- Distributable income after expenses: $75,027
- No income received from other working interest owners
- Distributions expected to remain materially reduced until cash reserves reach $2.0 million
Financial Impact
Monthly distribution of $0.040259155 per unit, consistent with prior months
Risk Factors
- Distributions may be reduced or halted due to accumulated excess production costs
- Heavy reliance on a single operator (Hilcorp) and region (New Mexico) creates concentration risk
- No diversification of income sources; future distributions depend on volatile commodity prices
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001104659-26-044935 |
| Document: tm2612042d1_ex99-1.htm | 0001104659-26-044935 |
| Document: 0001104659-26-044935-index-headers.html | 0001104659-26-044935 |
| Document: 0001104659-26-044935-index.html | 0001104659-26-044935 |
| Document: 0001104659-26-044935.txt | 0001104659-26-044935 |
| 8-K Data (Synthetic) | 0001104659-26-044935 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 20, 2026 6d ago | 8-K | $1.95 | awaiting T+20 | — | $1.95 (−0.26%) |
Aug 21, 2026 9w ago | 8-K | $2.60 $2.43 | ▲ +6.54% | ▲ +7.85% | $1.95 (+25.00%) |
Jun 18, 2026 18w ago | 8-K | $3.17 $3.11 | ▲ +1.89% | ▲ +1.75% | $1.95 (+38.49%) |
May 18, 2026 23w ago | 8-K | $4.09 $3.36 | ▲ +17.85% | ▲ +18.83% | $1.95 (+52.32%) |
Apr 17, 2026 27w ago | 8-K | $4.82 $4.05 | ▼ −15.97% | ▼ −20.18% | $1.95 (−59.54%) |
US Market Status
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