DividendMay 18, 2026, 12:02 PM
Cross Timbers Royalty Trust Declares $0.029624 Monthly Cash Distribution
AI Summary
Cross Timbers Royalty Trust declared a monthly cash distribution of $0.029624 per unit, payable on June 12, 2026, to unitholders of record on May 29, 2026. This distribution reflects underlying oil sales of 10,000 Bbls at an average price of $77.14 per Bbl and gas sales of 47,000 Mcf at $4.98 per Mcf for the current month. The Trust also reported partial recovery of excess costs on its Texas and Oklahoma Working Interest net profits interests, though no proceeds from these properties were included in this month's distribution.
Key Highlights
- Declared $0.029624 per unit cash distribution, payable June 12, 2026.
- Current month oil sales: 10,000 Bbls at $77.14 per Bbl.
- Current month gas sales: 47,000 Mcf at $4.98 per Mcf.
- Prior month oil sales: 17,000 Bbls at $58.93 per Bbl.
- Prior month gas sales: 121,000 Mcf at $4.83 per Mcf.
- Recovered $3,000 excess costs on Texas Working Interest; $5,893,000 remaining.
- Recovered $52,000 excess costs on Oklahoma Working Interest; $972,000 remaining.
Price Impact
More from CRT