Mesa Royalty Trust Announces No Distribution for June 2026

Mesa Royalty Trust has announced that there will be no distribution for June 2026. This is due to the costs, charges, and expenses associated with the Trust's royalty properties exceeding the revenue generated from the sale of oil, natural gas, and other hydrocarbons. The Trust, which holds royalty interests in oil and gas properties in Kansas, New Mexico, and Colorado, expects monthly distributions to fluctuate. Distributions are expected to be materially reduced until the Trust increases its cash reserves to $2.0 million for added liquidity. The Trust's ability to pay distributions is significantly affected by industry volatility, revenues, and expenses reported by working interest owners. Any additional expenses or adjustments will further reduce available cash for distributions, potentially resulting in no distributions in certain periods. The Trust does not intend to update forward-looking statements.