Monthly UpdateOct 20, 2026, 10:41 AM
Cross Timbers Royalty Trust Declares $0.277908 October Cash Distribution
AI Summary
Cross Timbers Royalty Trust announced its October cash distribution of $0.277908 per unit, payable on November 16, 2026. The filing details underlying oil and gas sales volumes and average prices for the current and prior months, showing significant increases in volumes and prices for the current distribution period. It also addresses excess costs related to certain properties, noting full recovery in Oklahoma and a remaining balance in Texas.
Key Highlights
- Cross Timbers Royalty Trust declared a cash distribution of $0.277908 per unit.
- Distribution payable on November 16, 2026, to unitholders of record on October 30, 2026.
- Underlying oil sales volume for current month distribution: 33,000 Bbls at $83.56/Bbl.
- Underlying gas sales volume for current month distribution: 89,000 Mcf at $4.86/Mcf.
- Underlying oil sales volume for prior month distribution: 10,000 Bbls at $76.19/Bbl.
- Underlying gas sales volume for prior month distribution: 48,000 Mcf at $4.67/Mcf.
- Excess costs of $491,000 fully recovered on Oklahoma Working Interest net profits interests.
- Cumulative excess costs remaining on Texas Working Interest net profits interests total $6,517,000.
Price Impact
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