MTR

Mesa Royalty Trust

NYSE

Add Alert

MTR

Mesa Royalty Trust

NYSE

Add Alert

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Live Updating

Tricksare4kids Free

03/08/22 1:25 PM

Post #9

Looking a bit light on volume but this should hit soon and FLY

Passs

12/30/20 2:02 PM

Post #8

Grabbed $4.20s smile let’s run it

wooferwax

11/13/18 3:02 PM

Post #7

anyone still on this board?

sanbrunobaby Free

02/01/15 7:33 PM

Post #6

Re: #5: @sanbrunobaby - Time to accumulate MTR. Buying while others Sell.

Still great simple way to accumulate leverage to oil, get paid a royalty, until oil recovers.

sanbrunobaby Free

01/10/15 9:36 AM

Post #5

Re: #4: @sanbrunobaby - Here in California Oil Usage Continues- Best Time

Time to accumulate MTR. Buying while others Sell. Target $35 price again and get paid dividend to wait !

sanbrunobaby Free

12/27/14 12:49 PM

Post #4

Re: #3: @MrAsh - In 2009, Mesa produced 0.8 million MCF of

Here in California Oil Usage Continues- Best Time to Buy MTR !!!

MrAsh

04/18/11 12:54 AM

Post #3

Re: #2: @MrAsh - In 2009, Mesa produced 0.8 million MCF of

In 2009, Mesa produced 0.8 million MCF of natural gas and 56,000 barrels of oil. At that rate, the trust will be around another 8.5 years. However, as with all the other trusts, its reserves will grow when the price of gas rebounds.

Action to take: Buy Mesa Royalty Trust (NYSE: MTR) up to $46 per share and use a 25% trailing stop loss, adjusted for dividends.
All you have to do to start collecting your paychecks is to put in your bids for these stocks. Then just sit back and watch the checks start rolling in monthly. This is a fantastic way to collect income from safe energy supplies right here in the United States. You own the royalties, and the oil companies have to pay you… by law.
And that's the bottom line, don't take my word for it i'm not a broker

MrAsh

04/18/11 12:52 AM

Post #2

Re: #1: @MrAsh - Mesa Royalty Trust love money coming in, lawyer

MrAsh

04/18/11 12:51 AM

Post #1

Mesa Royalty Trust love money coming in, lawyer at the bank

Mesa Royalty Trust (MTR)

Followers	1	Posters	5
Posts (Today)	0	Posts (Total)	9
Created	04/18/11	Type	Free
Moderators

Royalty Stream No. 4: Mesa Royalty Trust (NYSE: MTR) Mesa Royalty Trust is actually the remnant of a legendary Texas oilman's company. He founded Mesa Petroleum in 1956. In Mesa Petroleum, Thomas Boone Pickens, (known as T. Boone) created the largest independent oil and gas company in the world. He achieved unparalleled success in 1962, when his team drilled 98 successful oil wells. The two-person company made more than $750,000 in profit that year (about $4.2 million in today's money). Today, the resulting trust has acreage in two excellent U.S. basins, the Hugoton in Kansas and the San Juan in Colorado and New Mexico. It also has two excellent operators in those basins. BP Amoco operates the 468 wells in the Hugoton fields. ConocoPhillips operates the 466 wells in the San Juan Basin. The trust holds 99,413 net acres in the Hugoton and 31,328 net acres in the San Juan. The interesting growth potential is actually in coal bed methane. Methane, the simplest form of natural gas, often fills coal seams. The Fruitland coal field in New Mexico is one of the largest sources of coalbed methane reserves in the United States. Mesa Trust owns 25,400 net acres with Fruitland potential. The operator of those acres drilled 50 Fruitland coalbed methane wells subject to royalty payments. In all, the trust owns 485,000 barrels of oil and 6.9 million mcf of natural gas proven reserves. Year Revenue Average Gas Price Dividends Per Share Dividend Yield 2007 $12 million $6.11 $6.55 9.6% 2008 $14 million $8.28 $7.38 8.5% 2009 $4 million $3.48 $2.06 13.6% 2010* $4 million $4.67 $3.31 7.5% *results through first six months 2010 The trust is 75% natural gas, 25% oil, has no debt, and pays a 6.2% annual dividend. Its market cap is small, just $87 million.