Mesa Royalty Trust Announces Trust Income for December 2025

Core Viewpoint - Mesa Royalty Trust announced a distribution of $0.018551844 per unit for December 2025, with total income received being $35,596, solely from its New Mexico properties [1] Group 1: Distribution Details - Unitholders of record on December 31, 2025, will receive distributions payable on January 30, 2026 [1] - The Trust's income for December 2025, after administrative expenses, amounted to $34,573 [1] Group 2: Trust Operations - The Trust owns an overriding royalty interest in oil and gas properties in Kansas and New Mexico, with monthly distributions expected to fluctuate based on production and market conditions [2] - Distributions are anticipated to be materially reduced until cash reserves reach $2.0 million for added liquidity [2] Group 3: Financial Considerations - Future proceeds reported by working interest owners may not reflect net proceeds for the Trust, with accumulated excess production costs potentially decreasing distributions [3] - Volatility in the industry and expenses reported by working interest owners will directly affect the Trust's ability to pay distributions [3]