Press Release: CROSS TIMBERS ROYALTY TRUST DECLARES JUNE CASH DISTRIBUTION

Dow Jones
06/20

DALLAS, June 20, 2025 /PRNewswire/ -- Argent Trust Company, as Trustee of the Cross Timbers Royalty Trust (the "Trust") $(CRT)$, today declared a cash distribution to the holders of its units of beneficial interest of $0.035849 per unit, payable on July 15, 2025, to unitholders of record on June 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       Gas       Oil         Gas 
                          (Bbls)    (Mcf)    (per Bbl)   (per Mcf) 
                        ---------  -------  ----------  ---------- 
 
 Current Month 
  Distribution             11,000   66,000      $62.83       $4.89 
 
 Prior Month 
  Distribution             13,000   72,000      $67.18       $5.80 
 
 
 
 (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 $91,000 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 $4,786,000, including accrued interest of $1,281,000.

XTO Energy has advised the Trustee excess costs increased by $72,000 on properties underlying the Oklahoma 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 Oklahoma Working Interest net profits interests total $72,000.

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.

View original content:https://www.prnewswire.com/news-releases/cross-timbers-royalty-trust-declares-june-cash-distribution-302485543.html

SOURCE Cross Timbers Royalty Trust

 

(END) Dow Jones Newswires

June 20, 2025 08:00 ET (12:00 GMT)

应版权方要求,你需要登录查看该内容

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10