Latest news with #Form10-Q
Business Wire
2 days ago
- Business
- Business Wire
Mesa Royalty Trust Announces Trust Income for July 2025
HOUSTON--(BUSINESS WIRE)--Mesa Royalty Trust (the 'Trust') (NYSE: MTR) announced today the Trust income distribution for the month of July 2025. Unitholders of record on July 31, 2025 will receive distributions amounting to $0.027480528 per unit, payable on October 31, 2025. The Trust received $80,962, all of which came from the New Mexico portion of the Trust's San Juan Basin properties operated by Hilcorp San Juan LP, an affiliate of Hilcorp Energy Company. No income was received in July 2025 from any other working interest owner. This month, after the Trust's payment of administrative expenses, income from the distributable net profits was $51,212. The Trust was formed to own an overriding royalty interest of the net proceeds attributable to certain producing oil and gas properties located in the Hugoton field of Kansas and the San Juan Basin fields of New Mexico and Colorado. As described in the Trust's public filings, the amount of the monthly distributions is expected to fluctuate from month to month, depending on the proceeds, if any, received by the Trust as a result of production, oil and natural gas prices and the amount of the Trust's administrative expenses, among other factors. In addition, as further described in the Trust's most recent filing on Form 10-Q, distributions to unitholders are expected to be materially reduced, until the Trust increases its cash reserves to a total of $2.0 million in order to provide added liquidity. Proceeds reported by the working interest owners for any month are not generally representative of net proceeds that will be received by the Trust in future periods. As further described in the Trust's Form 10-K and Form 10-Q filings, production and development costs for the royalty interest have resulted in substantial accumulated excess production costs, which will decrease Trust distributions, and in some periods may result in no Trust distributions. The amount of proceeds, if any, received or expected to be received by the Trust (and its ability to pay distributions to unitholders) has been and will continue to be directly affected, among other things, by volatility in the industry and revenues and expenses reported to the Trust by working interest owners. Any additional expenses and adjustments, among other things, will reduce proceeds to the Trust, which will reduce the amount of cash available for distribution to unitholders and in certain periods could result in no distributions to unitholders. This press release contains forward-looking statements. No assurances can be given that the expectations contained in this press release will prove to be correct. The working interest owners alone control historical operating data, and handle receipt and payment of funds relating to the royalty properties and payments to the Trust for the related royalty. The Trustee cannot assure that errors or adjustments or expenses accrued by the working interest owners, whether historical or future, will not affect future royalty income and distributions by the Trust. Other important factors that could cause these statements to differ materially include delays in actual results of drilling operations, risks inherent in drilling and production of oil and gas properties, declines in commodity pricing, prices received by working interest owners and other risks described in the Trust's Form 10-K for the year ended December 31, 2024. Statements made in this press release are qualified by the cautionary statements made in such risk factors. The Trust does not intend, and assumes no obligations, to update any of the statements included in this press release. Each unitholder should consult its own tax advisor with respect to its particular circumstances.
Yahoo
2 days ago
- Business
- Yahoo
Nasdaq statement on the preliminary proxy filed by Invesco QQQ Trust and the proposals contained within it
NEW YORK, July 18, 2025 (GLOBE NEWSWIRE) -- Today, Nasdaq issued the following statement on the preliminary proxy filed by Invesco QQQ Trust and the proposals contained within it. Nasdaq is aware of the preliminary proxy that was filed by Invesco QQQ Trust and the proposals contained within it. Invesco and Nasdaq were engaged in dialogue as Invesco explored bringing these proposals to shareholders. The proposed change to the Trust structure does not alter the terms of Nasdaq's licensing arrangements with Invesco nor the administration of the Nasdaq-100® Index. If the proposals are approved, Invesco will pay the associated license fee out of its unitary management fee, as compared to the current state where the license fee is paid by QQQ directly. We remain committed to our strategic partnership with Invesco and delivering the trusted benchmark on which investors rely. About Nasdaq Nasdaq (Nasdaq: NDAQ) is a leading global technology company serving corporate clients, investment managers, banks, brokers, and exchange operators as they navigate and interact with the global capital markets and the broader financial system. We aspire to deliver world-leading platforms that improve the liquidity, transparency, and integrity of the global economy. Our diverse offering of data, analytics, software, exchange capabilities, and client-centric services enables clients to optimize and execute their business vision with confidence. To learn more about the company, technology solutions, and career opportunities, visit us on LinkedIn, on X @Nasdaq, or at CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS Information set forth in this communication contains forward-looking statements that involve a number of risks and uncertainties. Nasdaq cautions readers that any forward-looking information is not a guarantee of future performance and that actual results could differ materially from those contained in the forward-looking information. Such forward-looking statements include, but are not limited to, statements regarding our future financial results and our partnerships, agreements, products and services. Further information on these and other factors are detailed in Nasdaq's filings with the U.S. Securities and Exchange Commission, including its annual reports on Form 10-K and quarterly reports on Form 10-Q, which are available on Nasdaq's investor relations website at and the SEC's website at Nasdaq undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise -NDAQF- Media Contacts: Maximilian Leitenberger, Nasdaq, Investor Relations Contact: Ato Garrett, while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Business Wire
4 days ago
- Business
- Business Wire
Sturm, Ruger & Company, Inc. to Report Second Quarter 2025 Financial Results on Wednesday, July 30
SOUTHPORT, Conn.--(BUSINESS WIRE)--Sturm, Ruger & Company, Inc. (NYSE-RGR) will announce its financial results for the second quarter 2025 and file its Quarterly Report on Form 10-Q on Wednesday, July 30, 2025, after the close of the stock market. On Thursday, July 31, 2025, Sturm, Ruger will host a webcast at 9:00 a.m. ET to discuss the second quarter operating results. Interested parties can listen to the webcast via this link or by visiting Those who wish to ask questions during the webcast will need to pre-register prior to the meeting. About Sturm, Ruger Sturm, Ruger & Co., Inc. is one of the nation's leading manufacturers of rugged, reliable firearms for the commercial sporting market. With products made in America, Ruger offers consumers almost 800 variations of more than 40 product lines, across both the Ruger and Marlin brands. For over 75 years, Ruger has been a model of corporate and community responsibility. Our motto, 'Arms Makers for Responsible Citizens ®,' echoes our commitment to these principles as we work hard to deliver quality and innovative firearms. The Company may, from time to time, make forward-looking statements and projections concerning future expectations. Such statements are based on current expectations and are subject to certain qualifying risks and uncertainties, such as market demand, sales levels of firearms, anticipated castings sales and earnings, the need for external financing for operations or capital expenditures, the results of pending litigation against the Company, the impact of future firearms control and environmental legislation, and accounting estimates, any one or more of which could cause actual results to differ materially from those projected. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date made. The Company undertakes no obligation to publish revised forward-looking statements to reflect events or circumstances after the date such forward-looking statements are made or to reflect the occurrence of subsequent unanticipated events.
Hindustan Times
4 days ago
- Business
- Hindustan Times
কুম্ভ রাশির আজকের দিন কেমন যাবে? জানুন ১৫ জুলাইয়ের রাশিফল
04/16/2025 - 05:05 PM SOUTHPORT, Conn. --(BUSINESS WIRE)-- Sturm, Ruger & Company, Inc. (NYSE-RGR) will announce its financial results for the first quarter 2025 and file its Quarterly Report on Form 10-Q on Wednesday, April 30, 2025, after the close of the stock market. On Thursday, May 1, 2025, Sturm, Ruger will host a webcast at 9:00 a.m. ET to discuss the first quarter operating results. Interested parties can listen to the webcast via this link or by visiting Those who wish to ask questions during the webcast will need to pre-register prior to the meeting. About Sturm, Ruger Sturm, Ruger & Co., Inc. is one of the nation's leading manufacturers of rugged, reliable firearms for the commercial sporting market. With products made in America, Ruger offers consumers almost 800 variations of more than 40 product lines, across both the Ruger and Marlin brands. For over 75 years, Ruger has been a model of corporate and community responsibility. Our motto, 'Arms Makers for Responsible Citizens®,' echoes our commitment to these principles as we work hard to deliver quality and innovative firearms. The Company may, from time to time, make forward-looking statements and projections concerning future expectations. Such statements are based on current expectations and are subject to certain qualifying risks and uncertainties, such as market demand, sales levels of firearms, anticipated castings sales and earnings, the need for external financing for operations or capital expenditures, the results of pending litigation against the Company, the impact of future firearms control and environmental legislation, and accounting estimates, any one or more of which could cause actual results to differ materially from those projected. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date made. The Company undertakes no obligation to publish revised forward-looking statements to reflect events or circumstances after the date such forward-looking statements are made or to reflect the occurrence of subsequent unanticipated events. View source version on Sturm, Ruger & Company, Inc. One Lacey Place Southport, CT 06890 203-259-7843 Source: Sturm, Ruger & Company, Inc.
Business Insider
4 days ago
- Business
- Business Insider
TechTarget regains compliance with Nasdaq listing rules
TechTarget announces that it has received confirmation from Nasdaq that it has regained compliance with Nasdaq Listing Rule 5250 regarding adherence to filing requirements following the filing of its Form 10-Q for the reporting period for the three months ended March 31. Consistent with its previous statement on July 1, and the filing of its Q1 Report on July 14 the Company has now completed all due filings to date. It plans and expects to make all future filings within regulatory timeframes, including continuing to target release of its second quarter financial results on or before August 14. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
