CROSS TIMBERS ROYALTY TRUST DECLARES FEBRUARY CASH DISTRIBUTION

Cross Timbers Royalty Trust (NYSE: CRT) declared a cash distribution of $0.050060 per unit, payable March 13, 2026, to unitholders of record on February 27, 2026.

Rhea-AI Summary

Cross Timbers Royalty Trust (NYSE: CRT) declared a cash distribution of $0.050060 per unit, payable March 13, 2026, to unitholders of record on February 27, 2026. The release discloses underlying oil/gas sales volumes and average prices and notes increases in excess costs on Texas and Oklahoma working interest properties.

Positive

• Cash distribution of $0.050060 per unit declared
• Payable on March 13, 2026; record date Feb 27, 2026
• Current oil price $55.35 per barrel reported

Negative

• Oil volumes declined from 10,000 to 9,000 barrels month-to-month
• Texas excess costs cumulative $5,637,000 including $1,532,000 interest
• Oklahoma excess costs cumulative $931,000 including $4,000 interest
• Recent excess-cost increases: $80,000 (Texas) and $262,000 (Oklahoma)

Argus Feb 17 session

-1.04% close to close Open Argus

Details

News Market Reaction – CRT

In the Feb 17 session, CRT declined 1.04%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement details a February cash distribution of $0.050060 per unit alongside updated under...

Analysis

This announcement details a February cash distribution of $0.050060 per unit alongside updated underlying oil and gas volumes and realized prices. It also reports further increases in cumulative excess costs on Texas and Oklahoma working interest net profits interests, now totaling several million dollars. Compared with recent distribution releases, the pattern of steady payouts but rising excess costs continues. Investors may watch future volumes, commodity pricing, and expense trends as key drivers for distributable income.

Key Figures

February distribution: $0.050060 per unit Current oil volume: 9,000 Bbls Current gas volume: 73,000 Mcf +5 more

February distribution

$0.050060 per unit

Declared payable March 13, 2026

Current oil volume

9,000 Bbls

Underlying sales for current month distribution

Current gas volume

73,000 Mcf

Underlying sales for current month distribution

Current oil price

$55.35 per Bbl

Average realized price for current month distribution

Current gas price

$4.36 per Mcf

Average realized price for current month distribution

Texas excess cost increase

$80,000

Increase on Texas Working Interest net profits interests

Texas cumulative excess costs

$5,637,000

Including $1,532,000 accrued interest

Oklahoma cumulative excess costs

$931,000

Including $4,000 accrued interest

Historical Context

5 past events · Latest: Jan 20

5 events

1. Jan 20

   Monthly distribution

   24h Move

   +4.6%

   January cash distribution with updated oil and gas sales data and excess costs.

2. Dec 19

   Monthly distribution

   24h Move

   +9.1%

   December cash distribution supported by higher gas volumes and pricing details.

3. Nov 17

   Monthly distribution

   24h Move

   -0.6%

   November distribution with stable volumes but ongoing excess cost increases.

4. Oct 21

   Monthly distribution

   24h Move

   +0.7%

   October distribution and disclosure of cumulative Texas and Oklahoma excess costs.

5. Sep 19

   Monthly distribution

   24h Move

   -1.9%

   September distribution with higher sales volumes but rising Texas excess costs.

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

Key Terms

units of beneficial interest, net profits income, net profits interests, accrued interest, +2 more

6 terms

units of beneficial interest financial

"declared a 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 income financial

"Sales volumes are recorded in the month the Trust receives the related net profits income"

Net profits income is the amount a company keeps after subtracting all operating costs, interest, taxes and one-time charges from its total sales — essentially the business’s “take-home” money. For investors it signals whether a company is truly making money after paying its bills, and drives important decisions like dividend capacity, reinvestment potential and valuation; think of it as a household’s paycheck left after paying all monthly expenses.

net profits interests financial

"on 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.

accrued interest financial

"cumulative excess costs remaining ... total $5,637,000, including accrued interest of $1,532,000"

Accrued interest is the amount of interest that has built up on a loan, bond, or similar investment since the last payment date but has not yet been paid. For investors this matters because when you buy or sell a fixed‑income security between payment dates you compensate the other party for that earned interest—think of it like buying a house mid‑month and reimbursing the seller for days of heating already used—so it affects the actual cash you pay, the yield you receive, and short‑term returns.

Bbls technical

"Oil (Bbls) | | Gas (Mcf) | | Oil (per Bbl)"

bbls stands for barrels, a standard unit used to measure crude oil and other petroleum products (one oil barrel = 42 US gallons or about 159 liters). Investors watch bbls because production volumes, inventory levels and sales are expressed in barrels, and changes in those numbers directly affect revenue, commodity supply and pricing; think of bbls like cartons for milk that tell you how much product a company has or sells.

Mcf technical

"Oil (Bbls) | | Gas (Mcf) | | Oil (per Bbl) | | Gas (per 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, Feb. 17, 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 $0.050060 per unit, payable on March 13, 2026, to unitholders of record on February 27, 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		9,000			73,000		$55.35		$4.36
Prior Month Distribution			10,000		73,000		$57.62			$4.13
(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 $80,000 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 $5,637,000, including accrued interest of $1,532,000.

XTO Energy has advised the Trustee that excess costs increased by $262,000 on properties underlying the Oklahoma 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 Oklahoma Working Interest net profits interests total $931,000, including accrued interest of $4,000.

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-february-cash-distribution-302687648.html

SOURCE Cross Timbers Royalty Trust

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What distribution did Cross Timbers Royalty Trust (CRT) declare on February 17, 2026?

The Trust declared a cash distribution of $0.050060 per unit to unitholders. According to Cross Timbers Royalty Trust, the distribution is payable March 13, 2026 to holders of record on February 27, 2026.

When will CRT unitholders receive the declared February 2026 cash distribution?

Unitholders will be paid on March 13, 2026 for the February distribution. According to Cross Timbers Royalty Trust, the applicable record date to receive payment is February 27, 2026.

What oil and gas volumes and prices did CRT report for the current month distribution?

The Trust reported 9,000 barrels of oil and 73,000 Mcf gas with oil at $55.35 per barrel. According to Cross Timbers Royalty Trust, gas averaged $4.36 per Mcf for the current month distribution.

How did CRT’s current month oil volumes and prices compare to the prior month?

Oil volumes fell to 9,000 barrels from 10,000 barrels; oil price moved to $55.35. According to Cross Timbers Royalty Trust, prior month oil averaged $57.62 per barrel while gas volumes held at 73,000 Mcf.

What excess-cost changes did Cross Timbers Royalty Trust disclose for Texas and Oklahoma interests?

XTO reported excess-cost increases of $80,000 (Texas) and $262,000 (Oklahoma) on working interest properties. According to Cross Timbers Royalty Trust, cumulative excess costs total $5,637,000 (Texas) and $931,000 (Oklahoma), including accrued interest.