CROSS TIMBERS ROYALTY TRUST DECLARES AUGUST CASH DISTRIBUTION

Rhea-AI Summary

Cross Timbers Royalty Trust (NYSE: CRT), with Argent Trust Company as Trustee, declared an August cash distribution of $0.067892 per unit, payable on September 15, 2026, to unitholders of record on August 31, 2026.

Underlying current-month oil and gas sales volumes were 11,000 Bbls of oil and 50,000 Mcf of gas at average prices of $78.27 per Bbl and $4.69 per Mcf, versus prior-month volumes of 6,000 Bbls of oil and 75,000 Mcf of gas at $109.21 per Bbl and $4.84 per Mcf.

XTO Energy advised that Texas Working Interest excess costs increased by $43, bringing underlying cumulative excess costs there to $6,021,000, including $1,727,000 of accrued interest. In Oklahoma Working Interest properties, $246,000 of excess costs were recovered, but no proceeds from those properties are included in this month’s distribution; cumulative Oklahoma excess costs total $552,000, including $34,000 of accrued interest.

Positive

• August 2026 cash distribution $0.067892 per unit
• Current-month oil sales volume 11,000 Bbls at $78.27 per Bbl
• Current-month gas sales volume 50,000 Mcf at $4.69 per Mcf
• Oklahoma excess costs recovered $246,000 this month

Negative

• Texas Working Interest cumulative excess costs $6,021,000 including $1,727,000 interest
• Oklahoma Working Interest cumulative excess costs $552,000 including $34,000 interest
• No Oklahoma Working Interest proceeds included in this month’s distribution

Market Context

Insider filings recorded Net Buying totaling 112506 units and zero sold over 90 days. That context a...

Analysis

Insider filings recorded Net Buying totaling 112506 units and zero sold over 90 days. That context adds support to the distribution disclosure, while cumulative excess costs remain a risk to monitor.

Key Figures

Cash Distribution: $0.067892 per unit Payment Date: September 15, 2026 Record Date: August 31, 2026 +5 more

8 metrics

Cash Distribution $0.067892 per unit August distribution

Payment Date September 15, 2026 Distribution payable date

Record Date August 31, 2026 Unitholder record date

Oil Volume 11,000 Bbls Current month distribution

Gas Volume 50,000 Mcf Current month distribution

Oil Price $78.27 per Bbl Current month distribution

Gas Price $4.69 per Mcf Current month distribution

Texas Excess Costs $6,021,000 Cumulative underlying costs, including accrued interest

Historical Context

5 past events · Latest: Jul 21 (Positive)

Pattern 5 events

Date	Event	Sentiment	24h Move	Catalyst
Jul 21	July cash distribution	Positive	+0.3%	Distribution increased to $0.061397 per unit and shares rose 0.31%
Jun 18	June cash distribution	Positive	-5.2%	Distribution increased to $0.044186 per unit while shares fell 5.2%
May 18	May cash distribution	Negative	-1.5%	Distribution was $0.029624 per unit and shares fell 1.49%
Apr 20	April cash distribution	Positive	+0.8%	Distribution was $0.069720 per unit and shares rose 0.76%
Mar 20	March cash distribution	Negative	-2.2%	Distribution was $0.000923 per unit and shares fell 2.21%

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Recent cash-distribution announcements produced mixed price responses, including four positive or negative moves aligned with distribution direction and one notable divergence.

Key Terms

units of beneficial interest, net profits interests, working interest, mcf

4 terms

units of beneficial interest financial

"cash distribution to the holders of its units of beneficial interest"

Units of beneficial interest are pieces of ownership in a trust, fund, or pooled investment that give the holder a right to a share of the assets and income without holding the underlying property directly. Think of them as slices of a pie that entitle you to future slices of profit or distributions; investors care because these units determine how returns, risks, voting rights, and tax treatment are allocated and how easily you can buy or sell your stake.

net profits interests financial

"properties underlying the Texas Working Interest net profits interests"

A net profits interest is a non‑operating claim on the earnings from a specific asset (commonly oil, gas, or mineral production) that pays its holder a percentage of the money left over after production revenues and agreed costs are deducted. Think of it like owning a share of the profits from a single project without running it; payouts can be attractive but fluctuate with output and expenses, so investors use NPIs to gain income exposure while avoiding operating responsibilities.

working interest financial

"properties underlying the Texas Working Interest net profits interests"

The working interest is the percentage ownership one party holds in an oil or gas lease that gives them the right to a share of production and also the obligation to pay a proportional share of exploration, development and operating costs. Think of it like owning a slice of a cake but also agreeing to pay part of the bill to bake it: a larger working interest means bigger potential revenue when wells produce, but also larger exposure to costs and liabilities if things go wrong.

mcf technical

"Gas(Mcf)"

Mcf stands for thousand cubic feet and is a standard unit used to measure natural gas volume. For investors, Mcf translates physical gas production or consumption into a metric that directly affects revenue and valuation—think of it as counting liters of fuel your car used, where higher Mcf usually means more product to sell or higher costs to buy, and changes can signal shifts in supply, demand, or profitability.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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DALLAS, Aug. 21, 2026 /PRNewswire/ -- Argent Trust Company, as Trustee of the Cross Timbers Royalty Trust (the "Trust") (NYSE: CRT), today declared a cash distribution to the holders of its units of beneficial interest of $0.067892 per unit, payable on September 15, 2026, to unitholders of record on August 31, 2026. 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 (Bbls)			Gas (Mcf)		Oil (per Bbl)			Gas (per Mcf)
Current Month Distribution		11,000			50,000		$78.27		$4.69
Prior Month Distribution			6,000		75,000		$109.21			$4.84

(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 $43 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 $6,021,000, including accrued interest of $1,727,000.

XTO Energy has advised the Trustee that $246,000 of excess costs were recovered on properties underlying the Oklahoma Working Interest net profits interests. However, after the partial recovery, there were no remaining proceeds from the properties underlying the Oklahoma Working Interest net profits interests to be included in this month's distribution. Underlying cumulative excess costs remaining on the Oklahoma Working Interest net profits interests total $552,000, including accrued interest of $34,000.

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-august-cash-distribution-302853911.html

SOURCE Cross Timbers Royalty Trust

FAQ

What cash distribution did Cross Timbers Royalty Trust (CRT) declare for August 2026?

Cross Timbers Royalty Trust declared an August 2026 cash distribution of $0.067892 per unit. According to the Trust, this distribution reflects net profits from underlying oil and gas properties, after accounting for excess costs on Texas and Oklahoma Working Interest net profits interests.

When will the August 2026 CRT distribution be paid and what is the record date?

The August 2026 CRT cash distribution will be paid on September 15, 2026 to unitholders of record on August 31, 2026. According to the Trust, investors must hold units on the record date to receive this payment.

What were the underlying oil and gas sales volumes and prices for the August 2026 CRT distribution?

For the current-month distribution, underlying sales were 11,000 Bbls of oil and 50,000 Mcf of gas. According to the Trust, average prices realized were $78.27 per Bbl for oil and $4.69 per Mcf for gas attributed to this distribution.

How did current-month CRT underlying sales compare with the prior month’s distribution figures?

Current-month underlying sales were 11,000 Bbls oil and 50,000 Mcf gas, versus 6,000 Bbls oil and 75,000 Mcf gas previously. According to the Trust, prior-month average prices were $109.21 per Bbl for oil and $4.84 per Mcf for gas.

What are the current excess costs on CRT’s Texas Working Interest net profits interests?

Texas Working Interest excess costs increased by $43, bringing cumulative underlying excess costs to $6,021,000. According to the Trust, this total includes $1,727,000 of accrued interest and did not reduce net proceeds from the remaining conveyances this month.

What happened with excess costs on CRT’s Oklahoma Working Interest properties for August 2026?

For Oklahoma Working Interest properties, $246,000 of excess costs were recovered this month. According to the Trust, despite this partial recovery, there were no remaining proceeds from these properties to include in the August 2026 distribution; cumulative excess costs total $552,000.

Where can CRT investors find more information about distributions and tax data?

Investors can find distribution details and annual tax information on the Trust’s website at www.crt-crosstimbers.com. According to Cross Timbers Royalty Trust, the site also hosts historical press releases and other reference materials for unitholders tracking CRT distributions.