Cross Timbers Royalty Trust
09/19/2025 | Press release | Archived content
Business/Financial Results (Form 8-K)
[NEWS RELEASE LETTERHEAD OF CROSS TIMBERS ROYALTY TRUST APPEARS HERE]
CROSS TIMBERS ROYALTY TRUST
DECLARES SEPTEMBER CASH DISTRIBUTION
Dallas, Texas, September 19, 2025 - Argent Trust Company, as Trustee of the Cross Timbers Royalty Trust (the "Trust") (NYSE: CRT), today declared a cash distribution to the holders of its units of beneficial interest of $0.031753 per unit, payable on October 15, 2025, to unitholders of record on September 30, 2025. The following table shows underlying oil and gas sales and average prices attributable to the current month and prior month distributions.
|
Underlying Sales |
||||||||
|
Volumes (a) |
Average Price |
|||||||
|
Oil (Bbls) |
Gas (Mcf) |
Oil (per Bbl) |
Gas (per Mcf) |
|||||
|
Current Month Distribution |
14,000 |
111,000 |
$63.13 |
$3.17 |
||||
|
Prior Month Distribution |
10,000 |
49,000 |
$62.10 |
$3.62 |
||||
|
(a)
Sales volumes are recorded in the month the Trust receives the related net profits income. Because of this, sales volumes may fluctuate from month to month based on the timing of cash receipts.
|
||||||||
Excess Costs
XTO Energy has advised the Trustee that excess costs increased by $129,000 on properties underlying the Texas Working Interest net profits interests. However, these excess costs did not reduce net proceeds from the remaining conveyances. Underlying cumulative excess costs remaining on the Texas Working Interest net profits interests total $5,128,000, including accrued interest of $1,373,000.
XTO Energy has advised the Trustee that excess costs of $118,000, including accrued interest of $1,000, were fully recovered on properties underlying the Oklahoma Working Interest net profits interests.
For more information on the Trust, including the annual tax information, distribution amounts, and historical press releases, please visit our website at www.crt-crosstimbers.com.
* * *
|
Contact: |
Nancy Willis Director of Royalty Trust Services Argent Trust Company, Trustee 855-588-7839 |
Cross Timbers Royalty Trust published this content on September 19, 2025, and is solely responsible for the information contained herein. Distributed via SEC EDGAR on September 23, 2025 at 15:04 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]