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Upturn AI Summary - About
Mesa Royalty Trust(MTR)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for MTR
09/25/2026: MTR (1-star) is currently NOT-A-BUY. Pass it for now.
Mesa Royalty Trust is a passive grantor trust that provides unitholders with direct, variable income from oil and natural gas production in the San Juan and Hugoton basins. Its primary strength lies in its simple structure, which passes through net proceeds without operational overhead, making it a fit for income-focused investors comfortable with high volatility. The investment story is defined by the steady depletion of its mature asset base. Key risks include the high sensitivity to volatile commodity prices and the long-term decline in production volumes. Investors should monitor energy market trends, operator reports, and changes in environmental regulations, as these factors directly dictate the trust's future distribution capacity.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Weak fit | The trust is a depleting asset with limited growth potential, making it unsuitable for growth-oriented strategies. |
| Momentum investor | Mixed fit | Momentum may be found during energy price spikes, but this is highly conditional on commodity market cycles. |
| Value investor | Mixed fit | Valuation is difficult due to the finite nature of the underlying assets and unpredictable commodity price volatility. |
| Dividend investor | Strong fit | The trust is designed exclusively to pass through income, making it a focus for income-seeking investors. |
| Low-risk investor | Weak fit | High volatility in commodity prices and the inherent depletion risk make this unsuitable for conservative investors. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | High | Revenues are directly tied to volatile market prices for oil and natural gas. |
| Valuation risk | Medium / high | Estimating the remaining net present value of a depleting asset is inherently complex. |
| Competition risk (Commodity market) | Medium | The trust competes for capital against other energy yield vehicles and assets. |
| Business quality | Medium | It is a passive interest with no operational control over its assets. |
| Dividend income | High | Distributions are highly variable and unpredictable over the long term. |
| Execution risk | Medium | The trust depends on the efficiency of third-party operators to maximize output. |
Price Behavior
Steep Decline
The stock price has dropped sharply with strong downward pressure.
Moderately Choppy
The stock has experienced noticeable price swings while retaining some directional structure.
Analysis of Past Performance
Type Stock | Historic Profit -63.1% | Avg. Invested days 19 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  1.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 09/25/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 4.53M USD | Price to earnings Ratio 12.15 | 1Y Target Price - |
Price to earnings Ratio 12.15 | 1Y Target Price - | ||
Volume (30-day avg) 12.2K shares | Beta 0.42 | 52 Weeks Range 2.17 - 5.74 | Updated Date 09/27/2026 |
52 Weeks Range 2.17 - 5.74 | Updated Date 09/27/2026 | ||
Dividends yield (FY) 7.44% | Basic EPS (TTM) 0.2 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Oil and Gas Royalties | Royalty interests in the San Juan and Hugoton basins. | You get a share of the profits from the oil and gas produced by these specific properties. |
| Geography | New Mexico, Colorado, and Kansas. | The income is geographically concentrated in these specific U.S. energy production basins. |
Valuation
Trailing PE 12.15 | Forward PE 19.68 | Enterprise Value 2.46M | Price to Sales(TTM) 8.19 |
Enterprise Value 2.46M | Price to Sales(TTM) 8.19 | ||
Enterprise Value to Revenue 5.16 | Enterprise Value to EBITDA 8.52 | Shares Outstanding 1.86M | Shares Floating 1.86M |
Shares Outstanding 1.86M | Shares Floating 1.86M | ||
Percent Insiders - | Percent Institutions 30.98 |
Upturn AI Summary
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
About Mesa Royalty Trust
Exchange NYSE | Headquarters Houston, TX, United States | ||
IPO Launch date 1987-12-30 | CEO - | ||
Sector Energy | Industry Oil & Gas E&P | Full time employees - | |
Full time employees - | |||
Mesa Royalty Trust owns overriding royalty interests in various oil and gas producing properties in the United States. It holds interests in oil and gas properties located in the Hugoton field of Kansas; and the San Juan Basin field of northwestern New Mexico and southwestern Colorado. Mesa Royalty Trust was founded in 1979 and is based in Houston, Texas.
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