Detail akcie Mesa Royalty Tr online

Business Summary: Mesa Royalty Trust (the Trust) owns an overriding royalty interest (the Royalty), through a series of conveyances, assignments, and acquisitions. The Trust owns Royalty owns equal to approximately 11.44% of 90% of the Net Proceeds to the specified interest in certain producing oil and gas properties located in the: Hugoton field of Kansas (the Hugoton Royalty Properties); San Juan Basin field of New Mexico (the San Juan Basin-New Mexico Properties), and San Juan Basin field of Colorado (the San Juan Basin-Colorado Properties, and together with the San Juan Basin-New Mexico Properties, the San Juan Basin Royalty Properties, and together with the Hugoton Royalty Properties, the Royalty Properties). The natural gas produced from the San Juan Basin - Colorado Royalty Properties is sold on the spot market, and some of the natural gas produced from the San Juan Basin - Colorado Properties is sold pursuant to fixed price contracts.
Financial Summary: BRIEF: For the fiscal year ended 31 December 2023, Mesa Royalty Trust revenues decreased 20% to $3.3M. Net income decreased 22% to $2.9M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Net income also reflects Other Non Operating I/E increase of 35% to $350K (expense). Dividend per share decreased from $1.91 to $1.49.