Cross Timbers Royalty Trust Reports Q1 Distributable Income of $1.78M, $0.297 EPS

Reuters
06-05
Cross Timbers Royalty Trust Reports Q1 Distributable Income of $1.78M, $0.297 EPS

Cross Timbers Royalty Trust reported its financial results for the first quarter of 2025. The trust declared a distributable income of $1.784 million, which was paid out in distributions over the months of February, March, and April 2025. This represents an increase from the $1.493 million distributed in the same period the previous year. The trust's corpus at the end of the period was $2.347 million, down from $2.621 million at the end of the first quarter of 2024. Gross income per unit for the first quarter totaled $0.379635, with deductions for severance taxes and administration expenses bringing the net to $0.297323 per unit of beneficial interest. The trust's assets included cash and short-term investments amounting to $1.937 million as of March 31, 2025, an increase from $1.369 million at the end of 2024. The increase in cash and short-term investments is attributed to the interest income of $12,006 received during the quarter. No specific outlook or guidance for future performance was provided in the report.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cross Timbers Royalty Trust published the original content used to generate this news brief on June 04, 2025, and is solely responsible for the information contained therein.

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