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Mesa Royalty Trust Q3 2023 Earnings Report

Mesa Royalty Trust logo
$6.05 -0.06 (-0.98%)
(As of 12/24/2024 04:45 PM ET)

Mesa Royalty Trust EPS Results

Actual EPS
$0.15
Consensus EPS
N/A
Beat/Miss
N/A
One Year Ago EPS
N/A

Mesa Royalty Trust Revenue Results

Actual Revenue
$0.36 million
Expected Revenue
N/A
Beat/Miss
N/A
YoY Revenue Growth
N/A

Mesa Royalty Trust Announcement Details

Quarter
Q3 2023
Time
N/A

Conference Call Resources

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Mesa Royalty Trust Earnings Headlines

Why I'm telling friends to avoid gold stocks
Back in November, gold made a tiny move of 1.6%. But according to my backtesting by using a special type of gold trade, I would have seen a 141% gain in just a week. It happened again in March. Gold nudged up 1.2%. This time? A 104% overnight gain. And in June? A 1% gold move turned into a 74% gain in two weeks. Granted, there would have been smaller wins and those that did not work out, but you see, there's a reason I'm telling all my friends to hold off from buying gold or regular gold stocks right now. There's a more lucrative way to play the gold market as we enter a new breakout period. It's all about catching what I call "Acceleration Cycles."
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About Mesa Royalty Trust

Mesa Royalty Trust (NYSE:MTR) owns overriding royalty interests in various oil and gas producing properties in the United States. It holds interests in properties located in the Hugoton field of Kansas; and the San Juan Basin field of Northwestern New Mexico and Southwestern Colorado. The company was founded in 1979 and is based in Houston, Texas.

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