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
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