Mesa Royalty Trust (MTR)
Mesa Royalty Trust operates in the Oil & Gas Exploration & Production industry of the Energy sector, headquartered in Houston, TX, US. The stock last traded at $2.43, up 2.10% on the session, giving a market capitalisation of $4.5M. On trailing twelve-month figures it carries a trailing P/E of 13.05, a net margin of 68.7%. Its beta of 0.42 implies it has historically moved less than the broad market.
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.
Mesa Royalty Trust is most often compared with the following Energy names: