🔒
Price chart and 15 days of daily prices
Candlestick chart with moving averages, Bollinger bands and MACD.
Register free to view.
Security Profile
- Security Type
- U.S. Royalty Trust
- CUSIP
- 590660106
- Market Cap
- Micro Cap
- IPO
- 11/1/1979
Business: Mesa Royalty Trust was created when Mesa Petroleum Co. conveyed to the Trust an overriding royalty interest (the Royalty) equal to 90% of the net proceeds in certain oil and gas properties located in the Hugoton field of Kansas, the San Juan Basin field of New Mexico and Colorado, and the Yellow Creek field of Wyoming. The Bank of New York Mellon Trust Company, N.A. is the Trustee of the Trust. The principal property interest conveyed to the Trust accounts for approximately 40% of the Trust’s reserves and was carved out of Pioneer’s (PNR) working interest in 104,437 net producing acres in the Hugoton field.
Notes: April 20, 2021 -- 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.
Company Contact
- TST
- Mike Ulrich
- Headquarters
- Bank of New York Mellon Trust Company, Trustee, 601 Travis St., Houston, TX 77002
- Phone
- 713-483-6020
- Investor Relations
- Elaina Conley-Rodgers · 713-483-6020