Mesa Royalty Trust (NYSE:MTR) Getting Positive Press Coverage, Report Finds


News coverage about BP Prudhoe Bay Royalty Trust (NYSE:BPT) has been trending positive this week, according to Accern. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Accern also gave news articles about the energy company an impact score of 0 out of 100, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the next few days.

San Juan Basin Royalty Trust (NYSE:SJT) was upgraded by investment analysts at TheStreet from a "c" rating to a "b-" rating in a research report issued to clients and investors on Wednesday, May 31st.

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Folger Hill Asset Management LP acquired a new position in shares of Ericsson during the fourth quarter worth about $3,306,000. On average, equities research analysts anticipate that Ericsson will post $0.30 earnings per share for the current year.

San Juan Basin Royalty Trust (SJT) opened at 6.95 on Wednesday. The firm has a market capitalization of $323.93 million, a P/E ratio of 15.98 and a beta of -0.46. The firm's 50-day moving average is $13.26 and its 200-day moving average is $12.65. Cross Timbers Royalty Trust has a 52 week low of $14.10 and a 52 week high of $20.59.

The company also recently disclosed a monthly dividend, which will be paid on Monday, July 31st. If you are viewing this piece on another site, it was copied illegally and republished in violation of US & global copyright law. Shareholders of record on Friday, June 30th will be paid a $0.039 dividend. This represents a $0.47 annualized dividend and a dividend yield of 6.73%. The ex-dividend date is Wednesday, June 28th. The correct version of this piece can be viewed at The net profits interests are the principal asset of the Trust. Mesa Royalty Trust's payout ratio is 113.46%. Its Royalty is carved from working, royalty and other oil and natural gas interests owned by Southland Royalty Company, the predecessor to Burlington Resources Oil & Gas Company LP (Burlington), in properties located in the San Juan Basin of northwestern New Mexico (Subject Interests).