DividendJul 21, 2026, 11:52 AM
Cross Timbers Royalty Trust Declares $0.061397 Monthly Distribution
AI Summary
Cross Timbers Royalty Trust declared a monthly cash distribution of $0.061397 per unit. This distribution is payable on August 14, 2026, to unitholders of record as of July 31, 2026. The announcement also detailed underlying oil and gas sales volumes and prices for the current month, noting 6,000 Bbls of oil at $109.21/Bbl and 75,000 Mcf of gas at $4.84/Mcf. Additionally, the Trust reported $54,000 in recovered excess costs on Oklahoma Working Interest properties, while cumulative excess costs on Texas Working Interest remain at $5,987,000.
Key Highlights
- Declared a cash distribution of $0.061397 per unit.
- Payable on August 14, 2026, to unitholders of record on July 31, 2026.
- Current month oil sales volume was 6,000 Bbls at an average price of $109.21 per Bbl.
- Current month gas sales volume was 75,000 Mcf at an average price of $4.84 per Mcf.
- Underlying cumulative excess costs on Texas Working Interest total $5,987,000.
- Excess costs of $54,000 were recovered on Oklahoma Working Interest properties.
Price Impact
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