Cross Timbers Royalty Trust Reports <a href="https://laohu8.com/S/QTWO">Q2</a> 2025 Distributable Income of $892,548, or $0.148758 Per Unit, Reflecting Administrative Expense Increase from Prior Year
Cross Timbers Royalty Trust has released its financial results for the second quarter of 2025. The trust reported distributable income of $892,548, equating to $0.148758 per unit of beneficial interest. This reflects a decrease from the second quarter of 2024, where distributable income was $1,345,758 or $0.224293 per unit. Net profits income for the quarter was $1.294 million, down from $1.565 million in the same period last year. Total gross income for the quarter amounted to $0.247087 per unit, with notable deductions including severance taxes of $0.031459 per unit and administration expenses of $0.043867 per unit. The administration expense for the quarter increased by $28,914 from the prior year, primarily due to the timing of receipt and payment of Trust expenses and terms of professional services. The trust corpus at the beginning of the period was $2.347 million, decreasing from $2.621 million at the start of the same period last year. Additionally, the trust's assets included cash and short-term investments totaling $1.361 million as of June 30, 2025.
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