Mesa Royalty Trust (MTR)
Energy · NYQ
Fundamentals
Valuation and ratings
Mesa Royalty Trust trades at USD2.89, which is 33% above the USD1.95 our discounted cash flow model puts on the business. On that measure it screens as expensive, which is not the same as saying it will fall.
Our moat model scores it 59 out of 100, which is a moat, but not a deep one. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.
It changes hands at 12.6 times earnings. Be careful reading that in isolation: for a cyclical business a low P/E arrives at the top of the cycle, when profits are peaking and about to fall, which is exactly when the shares look cheapest and are not.
MTR dividend history
Dividends per share by year
| Year | Total per share | Payments |
|---|---|---|
| 2026 (year to date) | USD0.025 | 1 |
| 2000 | USD4.31 | 12 |
| 1999 | USD3.03 | 12 |
| 1998 | USD3.46 | 12 |
| 1997 | USD5.07 | 12 |
| 1996 | USD4.27 | 12 |
| 1995 | USD3.17 | 12 |
| 1994 | USD3.53 | 11 |
| 1993 | USD3.14 | 12 |
| 1992 | USD1.67 | 12 |
| 1991 | USD2.52 | 12 |
Split-adjusted amounts in the listing currency, grouped by the calendar year of the ex-dividend date, from the filed record. Growth and streak figures compare complete years only.
About Mesa Royalty Trust
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.
MTR passes 6 of our 30 screens today
Each screen prints the exact criteria it used, and the circumstances in which it is wrong.
Common questions
Is Mesa Royalty Trust (MTR) undervalued?
Against our discounted cash flow estimate of USD1.95, MTR at USD2.89 is 33% above fair value. That is one model's answer, not a recommendation, and most of a DCF's output sits in a terminal value nobody can forecast.
What is MTR's P/E ratio?
MTR trades at 12.6 times earnings. A low P/E is not automatically cheap: on a cyclical company it is usually a warning that earnings are at a peak.
Does Mesa Royalty Trust (MTR) pay a dividend?
Yes. Mesa Royalty Trust yields 8.54% at the current share price. It has paid USD0.025 per share over the trailing twelve months. It has paid a dividend in each of the last 15 complete calendar years. A dividend is declared by the board and can be cut at any time; a yield is a fact about the current price, not a promise.
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Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.