Mesa Royalty Trust (the “Trust”) (NYSEMTR) announced today the Trust income distribution for the month of January 2025. Unitholders of record on January 31, 2025 will receive distributions amounting to $0.000453223 per unit, payable on April 30, 2025. The Trust received $18,282, all of which came from the New Mexico portion of the Trust’s San Juan Basin properties operated by Hilcorp San Juan LP, an affiliate of Hilcorp Energy Company. No income was received in January 2025 from any other working interest owner. This month, after the Trust’s payment of administrative expenses, income from the distributable net profits was $845.

Mesa Royalty Trust (the “Trust”) (NYSE symbol-MTR) announced today the Trust income distribution for the month of December 2024. Unitholders of record on December 31, 2024 will receive distributions amounting to $0.022423076 per unit, payable on January 31, 2025. The Trust received $47,632, all of which came from the New Mexico portion of the Trust’s San Juan Basin properties operated by Hilcorp San Juan LP, an affiliate of Hilcorp Energy Company. No income was received in December 2024 from any other working interest owner. This month, after the Trust’s payment of administrative expenses, income from the distributable net profits was $41,787.

Mesa Royalty Trust (the “Trust”) (NYSEMTR) announced today the Trust income distribution for the month of November 2024. Unitholders of record on November 29, 2024 will receive distributions amounting to $0.003060770 per unit, payable on January 31, 2025. The Trust received $8,766.51 which came from the Colorado portion of the Trust’s San Juan Basin properties operated by SIMCOE LLC, an affiliate of IKAV Energy Inc and $13,423.06 which came from the New Mexico portion of the Trust’s San Juan Basin properties operated by Hilcorp San Juan LP, an affiliate of Hilcorp Energy Company. No income was received in November 2024 from any other working interest owner. This month, after the Trust’s payment of administrative expenses, income from the distributable net profits was $5,704.02.

Mesa Royalty Trust (the “Trust”) (NYSEMTR) announced today the Trust income distribution for the month of October 2024. Unitholders of record on October 31, 2024 will receive distributions amounting to $0.005692813 per unit, payable on January 31, 2025. The Trust received $26,349 which came from the Colorado portion of the Trust’s San Juan Basin properties operated by SIMCOE LLC, an affiliate of IKAV Energy Inc. No income was received in October 2024 from any other working interest owner. This month, after the Trust’s payment of administrative expenses, income from the distributable net profits was $10,609.

Mesa Royalty Trust (the “Trust”) (NYSEMTR) announced today the Trust income distribution for the month of September 2024. Unitholders of record on September 30, 2024 will receive distributions amounting to $0.003733319 per unit, payable on October 31, 2024. The Trust received $10,846, all of which came from the New Mexico portion of the Trust’s San Juan Basin properties operated by Hilcorp San Juan LP, an affiliate of Hilcorp Energy Company. No income was received in September 2024 from any other working interest owner. This month, after the Trust’s payment of administrative expenses, income from the distributable net profits was $6,957.

Mesa Royalty Trust (the “Trust”) (NYSEMTR) announced today that there will be no distribution paid for the month of August 2024 to holders of record on August 30, 2024, 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.

Mesa Royalty Trust (the “Trust”) (NYSEMTR) announced today the Trust income distribution for the month of July 2024. Unitholders of record on July 31, 2024 will receive distributions amounting to $0.001801384 per unit, payable on October 31, 2024. The Trust received $36,618, all of which came from the New Mexico portion of the Trust’s San Juan Basin properties operated by Hilcorp San Juan LP, an affiliate of Hilcorp Energy Company. No income was received in July 2024 from any other working interest owner. This month, after the Trust’s payment of administrative expenses, income from the distributable net profits was $3,357.

Mesa Royalty Trust (the “Trust”) (NYSEMTR) announced today the Trust income distribution for the month of June 2024. Unitholders of record on June 28, 2024 will receive distributions amounting to $0.038766492 per unit, payable on July 31, 2024. The Trust received $85,246, all of which came from the New Mexico portion of the Trust’s San Juan Basin properties operated by Hilcorp San Juan LP, an affiliate of Hilcorp Energy Company. No income was received in June 2024 from any other working interest owner. This month, after the Trust’s withholding for cash reserves and the payment of administrative expenses, income from the distributable net profits was $72,245.

Mesa Royalty Trust (the “Trust”) (NYSEMTR) announced today the Trust income distribution for the month of May 2024. Unitholders of record on May 31, 2024 will receive distributions amounting to $0.054572375 per unit, payable on July 31, 2024. The Trust received $130,266, all of which came from the New Mexico portion of the Trust’s San Juan Basin properties operated by Hilcorp San Juan LP, an affiliate of Hilcorp Energy Company. No income was received in May 2024 from any other working interest owner. This month, after the Trust’s withholding for cash reserves and the payment of administrative expenses, income from the distributable net profits was $101,701.

Mesa Royalty Trust (the “Trust”) (NYSEMTR) announced today the Trust income distribution for the month of April 2024. Unitholders of record on April 30, 2024 will receive distributions amounting to $0.019208416 per unit, payable on July 31, 2024. The Trust received $89,860, all of which came from the New Mexico portion of the Trust’s San Juan Basin properties operated by Hilcorp San Juan LP, an affiliate of Hilcorp Energy Company. No income was received in April 2024 from any other working interest owner. This month, after the Trust’s withholding for cash reserves and the payment of administrative expenses, income from the distributable net profits was $35,797.

The first quarter of 2024 continued following the template set during 2023 for dividend paying stocks in the U.S. stock market.

Mesa Royalty Trust (the “Trust”) (NYSEMTR) announced today the Trust income distribution for the month of March 2024. Unitholders of record on March 29, 2024 will receive distributions amounting to $0.027776761 per unit, payable on April 30, 2024. The Trust received $91,035, all of which came from the New Mexico portion of the Trust’s San Juan Basin properties operated by Hilcorp San Juan LP, an affiliate of Hilcorp Energy Company. No income was received in March 2024 from any other working interest owner. This month, after the Trust’s withholding for cash reserves and the payment of administrative expenses, income from the distributable net profits was $51,764.

Over the past year, stock market dividends have consistently featured two major themes when their year-over-year changes are measured.

Mesa Royalty Trust (the “Trust”) (NYSEMTR) announced today the Trust income distribution for the month of February 2024. Unitholders of record on February 29, 2024 will receive distributions amounting to $0.008739141 per unit, payable on April 30, 2024. The Trust received $27,216, all of which came from the New Mexico portion of the Trust’s San Juan Basin properties operated by Hilcorp San Juan LP, an affiliate of Hilcorp Energy Company. No income was received in February 2024 from any other working interest owner. This month, after the Trust’s withholding for cash reserves and the payment of administrative expenses, income from the distributable net profits was $16,286.

Mesa Royalty Trust (the “Trust”) (NYSEMTR) announced today the Trust income distribution for the month of January 2024. Unitholders of record on January 31, 2024 will receive distributions amounting to $0.025185860 per unit, payable on April 30, 2024. The Trust received $65,406, all of which came from the New Mexico portion of the Trust’s San Juan Basin properties operated by Hilcorp San Juan LP, an affiliate of Hilcorp Energy Company. No income was received in January 2024 from any other working interest owner. This month, after the Trust’s payment of administrative expenses, income from the distributable net profits was $46,936.

Mesa Royalty Trust (the “Trust”) (NYSEMTR) announced today the Trust income distribution for the month of December 2023. Unitholders of record on December 29, 2023 will receive distributions amounting to $0.030835621 per unit, payable on January 31, 2024. The Trust received $99,199, all of which came from the New Mexico portion of the Trust’s San Juan Basin properties operated by Hilcorp San Juan LP, an affiliate of Hilcorp Energy Company. No income was received in December 2023 from any other working interest owner. This month, after the Trust’s withholding for cash reserves and the payment of administrative expenses, income from the distributable net profits was $57,465.

Mesa Royalty Trust (the “Trust”) (NYSEMTR) announced today the Trust income distribution for the month of November 2023. Unitholders of record on November 30, 2023 will receive distributions amounting to $0.067409199 per unit, payable on January 31, 2024. The Trust received $150,917, all of which came from the New Mexico portion of the Trust’s San Juan Basin properties operated by Hilcorp San Juan LP, an affiliate of Hilcorp Energy Company. No income was received in November 2023 from any other working interest owner. This month, after the Trust’s withholding for cash reserves and the payment of administrative expenses, income from the distributable net profits was $125,623.

At first glance, October 2023's data for dividend changes looks like an improvement from September 2023. Month-over-month, the number of declared dividend increases rose and the number of dividend decreases fell, which is a positive development.

Mesa Royalty Trust (the “Trust”) (NYSEMTR) announced today the Trust income distribution for the month of October 2023. Unitholders of record on October 31, 2023 will receive distributions amounting to $0.017092459 per unit, payable on January 31, 2024. The Trust received $47,447, all of which came from the New Mexico portion of the Trust’s San Juan Basin properties operated by Hilcorp San Juan LP, an affiliate of Hilcorp Energy Company. No income was received in October 2023 from any other working interest owner. This month, after the Trust’s payment of administrative expenses, income from the distributable net profits was $31,853.

Mesa Royalty Trust (the “Trust”) (NYSEMTR) announced today the Trust income distribution for the month of September 2023. Unitholders of record on September 29, 2023 will receive distributions amounting to $0.042863848 per unit, payable on October 31, 2023. The Trust received $119,751, all of which came from the New Mexico portion of the Trust’s San Juan Basin properties operated by Hilcorp San Juan LP, an affiliate of Hilcorp Energy Company. No income was received in September 2023 from any other working interest owner. This month, after the Trust’s withholding for cash reserves and the payment of administrative expenses, income from the distributable net profits was $79,881.

Mesa Royalty Trust (the “Trust”) (NYSEMTR) announced today the Trust income distribution for the month of August 2023. Unitholders of record on August 31, 2023 will receive distributions amounting to $0.040989891 per unit, payable on October 31, 2023. The Trust received $96,253, all of which came from the New Mexico portion of the Trust’s San Juan Basin properties operated by Hilcorp San Juan LP, an affiliate of Hilcorp Energy Company. No income was received in August 2023 from any other working interest owner. This month, after the Trust’s withholding for cash reserves and the payment of administrative expenses, income from the distributable net profits was $76,388.

July 2023's dividends started off the third quarter of 2023 the way June 2023's dividends ended the second quarter. Unimpressively.

Stocks are higher this afternoon, with the Dow Jones Industrial Average on track to keep its longest win streak since 2017 running.

Mesa Royalty Trust (the “Trust”) (NYSEMTR) announced today the Trust income distribution for the month of July 2023. Unitholders of record on July 31, 2023 will receive distributions amounting to $0.057965309 per unit, payable on October 31, 2023. The Trust received $141,470, all of which came from the New Mexico portion of the Trust’s San Juan Basin properties operated by Hilcorp San Juan LP, an affiliate of Hilcorp Energy Company. No income was received in July 2023 from any other working interest owner. This month, after the Trust’s withholding for cash reserves and the payment of administrative expenses, income from the distributable net profits was $108,024.