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Mesa Royalty Trust Message Board

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  • DaveTny DaveTny Aug 25, 2010 6:32 PM Flag

    Need Clairification

    remember this is a commodity. The most likely sell their oil and gas about 2 months forward for the sake of sanity. So, if they sold in january at say 70 dollars a barrel basis, and today say in March it's 60 dollars basis. They are just delivering the January sales at 70 and that's what the dividends are paid against. I hope that makes sense. If the market turns around in oil, remember they are trailing and still have to deliver on that stuff they sold in March basis 60 even it the market is 75.

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