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Mesa Royalty Trust logo

Mesa Royalty Trust

MTR

NYSEEnergyOil & Gas Exploration & Production

Open in GoAI

Previous close

$2.72

+$0.04 · +1.49%

Aug 21, 3:59 PM ET

MTR company overview

Historical prices · Market data may be delayed.

Company profile

Company website

Mesa Royalty Trust holds net overriding royalty interests, representing financial stakes, in numerous oil and natural gas production sites situated across the United States. Its key assets are found within Kansas's Hugoton field and the expansive San Juan Basin, an area spanning northwestern New Mexico and southwestern Colorado. Established in 1979, the trust operates from its headquarters in Houston, Texas.

Industry
Oil & Gas Exploration & Production
Sector
Energy
Headquarters
US
CEO
Elaina Conley-Rodgers
Listed since
Oct 15, 1979
Employees
0

Market position

Day range

Current $2.72

52-week range

Current $2.72

Open
$2.74
Previous close
$2.68
Volume
8.35K
0.97× average
Average volume
8.65K
Average daily volume
Market cap
5.07M USD
Beta
0.45
Market reference 1
50-day average
$3.0646
-11.24% below average
200-day average
$4.2298
-35.69% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
5.98M USD
P/E (TTM)
14.43×
P/B (TTM)
0×
P/S (TTM)
9.16×
EV / EBITDA
10.76×
Earnings yield
6.35%
Free cash flow yield
0.00%
Dividend yield
6.51%

Profitability & efficiency

Gross margin
79.66%
Operating margin
66.04%
Net margin
66.04%
Return on equity
16.16%
Return on assets
15.55%
Return on invested capital
16.16%

Financial health

Debt / equity
0×
Current ratio
16.72×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends104%89%73%58%Gross margin, FY2021: 100.00%Gross margin, FY2022: 100.00%Gross margin, FY2023: 93.24%Gross margin, FY2024: 79.19%Gross margin, FY2025: 79.69%Operating margin, FY2021: 83.34%Operating margin, FY2022: 95.69%Operating margin, FY2023: 83.75%Operating margin, FY2024: 64.02%Operating margin, FY2025: 74.83%Net margin, FY2021: 83.34%Net margin, FY2022: 89.39%Net margin, FY2023: 84.18%Net margin, FY2024: 62.06%Net margin, FY2025: 74.83%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 100.00%. Gross margin FY2022 100.00%. Gross margin FY2023 93.24%. Gross margin FY2024 79.19%. Gross margin FY2025 79.69%. Operating margin FY2021 83.34%. Operating margin FY2022 95.69%. Operating margin FY2023 83.75%. Operating margin FY2024 64.02%. Operating margin FY2025 74.83%. Net margin FY2021 83.34%. Net margin FY2022 89.39%. Net margin FY2023 84.18%. Net margin FY2024 62.06%. Net margin FY2025 74.83%.

Income trends

Revenue

682.74K USD-8.48%

Operating income

510.91K USD+6.97%

Net income

510.91K USD+10.36%
Income trends across reported periods4.49M USD3.02M USD1.56M USD97.31K USDRevenue, FY2021: 908.16K USDRevenue, FY2022: 4.12M USDRevenue, FY2023: 3.39M USDRevenue, FY2024: 746.02K USDRevenue, FY2025: 682.74K USDOperating income, FY2021: 756.84K USDOperating income, FY2022: 3.94M USDOperating income, FY2023: 2.84M USDOperating income, FY2024: 477.62K USDOperating income, FY2025: 510.91K USDNet income, FY2021: 756.84K USDNet income, FY2022: 3.68M USDNet income, FY2023: 2.86M USDNet income, FY2024: 462.96K USDNet income, FY2025: 510.91K USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 908.16K USD. Revenue FY2022 4.12M USD. Revenue FY2023 3.39M USD. Revenue FY2024 746.02K USD. Revenue FY2025 682.74K USD. Operating income FY2021 756.84K USD. Operating income FY2022 3.94M USD. Operating income FY2023 2.84M USD. Operating income FY2024 477.62K USD. Operating income FY2025 510.91K USD. Net income FY2021 756.84K USD. Net income FY2022 3.68M USD. Net income FY2023 2.86M USD. Net income FY2024 462.96K USD. Net income FY2025 510.91K USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue682.74K USD746.02K USD3.39M USD4.12M USD908.16K USD
Cost of goods sold138.68K USD155.26K USD214.77K USD——
Gross profit544.06K USD590.76K USD3.16M USD4.12M USD908.16K USD
Selling, general, and administrative682.74M USD196.4K USD186.84K USD197.48K USD172.74K USD
Operating expenses171.83K USD113.14K USD322.07K USD456.98K USD18.23K USD
Interest income81.33K USD96.86K USD99.06K USD19.83K USD117 USD
Depreciation and amortization44.56K USD52.85K USD82.6K USD78.62K USD41.82K USD
Operating income510.91K USD477.62K USD2.84M USD3.94M USD756.84K USD
Net income510.91K USD462.96K USD2.86M USD3.68M USD756.84K USD

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
0.07

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates0.150.110.070.03Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Q4 2024, reported Nov 14, 2024: actual 0.03, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 31, 2025: actual 0.03, estimate —, surprise —, Comparison unavailable. Q2 2025, reported May 15, 2025: actual 0.04, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 14, 2025: actual 0.11, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Nov 13, 2025: actual 0.05, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Mar 30, 2026: actual 0.04, estimate —, surprise —, Comparison unavailable. Q2 2026, reported May 15, 2026: actual 0.078, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Aug 14, 2026: actual 0.07, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly Revenue actual values compared with estimates233.41K173.73K114.05K54.37KQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Q4 2024, reported Nov 14, 2024: actual 63.97K USD, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 31, 2025: actual 115.81K USD, estimate —, surprise —, Comparison unavailable. Q2 2025, reported May 15, 2025: actual 110.96K USD, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 14, 2025: actual 220.86K USD, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Nov 13, 2025: actual 150.15K USD, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Mar 30, 2026: actual 69.64K USD, estimate —, surprise —, Comparison unavailable. Q2 2026, reported May 15, 2026: actual 160.6K USD, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Aug 14, 2026: actual 172.78K USD, estimate —, surprise —, Comparison unavailable.

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

$0.2328

2025 complete year-74.4% since 2019

2026 partial: $0.072

* Partial calendar year in the available dividend history.

Corporate action history

Dividend

Ex-dividend May 29, 2026

$0.0245

Monthly

Record May 29, 2026 · Payment Jul 31, 2026

Dividend

Ex-dividend Apr 30, 2026

$0.0403

Monthly

Record Apr 30, 2026 · Payment Jul 31, 2026

Dividend

Ex-dividend Mar 31, 2026

$0.0057

Irregular

Record Mar 31, 2026 · Payment Apr 30, 2026

Dividend

Ex-dividend Jan 30, 2026

$0.0015

Monthly

Record Jan 30, 2026 · Payment Apr 30, 2026

Dividend

Ex-dividend Dec 31, 2025

$0.0186

Monthly

Record Dec 31, 2025 · Payment Jan 30, 2026

Dividend

Ex-dividend Nov 28, 2025

$0.0296

Monthly

Record Nov 28, 2025 · Payment Jan 30, 2026

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