Press Release: CROSS TIMBERS ROYALTY TRUST DECLARES JUNE CASH DISTRIBUTION

Dow Jones
Jun 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)

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