CROSS TIMBERS ROYALTY TRUST DECLARES JULY CASH DISTRIBUTION

Rhea-AI Summary

Cross Timbers Royalty Trust (NYSE: CRT), through Argent Trust Company as Trustee, declared a July cash distribution of $0.061397 per unit, payable on August 14, 2026 to unitholders of record on July 31, 2026.

Underlying current-month sales volumes were 6,000 Bbls of oil and 75,000 Mcf of gas at average prices of $109.21 per Bbl and $4.84 per Mcf, versus 9,000 Bbls and 27,000 Mcf at $88.05 and $4.30 for the prior distribution. XTO Energy reported a $2,000 increase in excess costs on Texas Working Interest net profits interests, bringing underlying cumulative excess costs there to $5,987,000, including $1,693,000 of accrued interest.

XTO Energy also reported $54,000 of excess costs recovered on Oklahoma Working Interest net profits interests, but no remaining proceeds from those properties were available for this month's distribution, with underlying cumulative excess costs of $794,000, including $30,000 of accrued interest.

Positive

• Declared July cash distribution of $0.061397 per unit payable August 14, 2026
• Current-month oil average price $109.21 per Bbl versus prior $88.05
• Current-month gas average price $4.84 per Mcf versus prior $4.30
• Recovered $54,000 of excess costs on Oklahoma Working Interest properties

Negative

• Texas Working Interest excess costs increased $2,000; cumulative now $5,987,000
• Oklahoma Working Interest properties generated no net proceeds for this month's distribution
• Oklahoma Working Interest cumulative excess costs remain $794,000, including interest

News Market Reaction – CRT

+0.31%

+0.31% Session close to close

In the Jul 21 session, CRT gained 0.31%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

CRT’s payout announcement sits alongside recent insider records showing Net Buying. The platform als...

Analysis

CRT’s payout announcement sits alongside recent insider records showing Net Buying. The platform also records low short positioning, adding a sourced risk context; future distribution disclosures can clarify whether the historical response pattern persists.

Key Figures

Cash distribution: $0.061397 per unit Oil sales volume: 6,000 Bbls Gas sales volume: 75,000 Mcf +5 more

8 metrics

Cash distribution $0.061397 per unit July 2026 distribution

Oil sales volume 6,000 Bbls Current month distribution

Gas sales volume 75,000 Mcf Current month distribution

Average oil price $109.21 per Bbl Current month distribution

Average gas price $4.84 per Mcf Current month distribution

Texas excess-cost increase $2,000 Properties underlying Texas Working Interest net profits interests

Texas cumulative excess costs $5,987,000 Including accrued interest of $1,693,000

Oklahoma cumulative excess costs $794,000 Including accrued interest of $30,000

Historical Context

5 past events · Latest: Jun 18 (Positive)

Pattern 5 events

Date	Event	Sentiment	24h Move	Catalyst
Jun 18	June cash distribution	Positive	-5.2%	Declared $0.044186 distribution amid Texas cost increase and no Oklahoma proceeds
May 18	May cash distribution	Positive	-1.5%	Declared $0.029624 distribution with no proceeds from working-interest properties
Apr 20	April cash distribution	Positive	+0.8%	Declared $0.069720 distribution as underlying oil and gas volumes increased
Mar 20	March cash distribution	Positive	-2.2%	Declared $0.000923 distribution with rising Texas excess costs and no Oklahoma proceeds
Feb 17	February cash distribution	Positive	-1.0%	Declared $0.050060 distribution while reporting increases in working-interest excess costs

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

Pattern Detected

Four of the five prior cash-distribution announcements had negative 24-hour price reactions, while one had a positive reaction.

Key Terms

units of beneficial interest, net profits interests, excess costs, mcf

4 terms

units of beneficial interest financial

"holders of its units of beneficial interest of $0.061397 per unit"

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.

excess costs financial

"XTO Energy has advised the Trustee that excess costs increased by $2,000"

Excess costs are expenses a company incurs that are above its normal or expected operating costs—unexpected charges, one-time losses, or spending beyond budget, like a household suddenly paying for major repairs. They matter to investors because they can temporarily or permanently reduce profits and cash flow, and frequent or large excess costs may signal operational problems or higher risk, helping investors decide whether a profit hit is a short-term anomaly or a lasting issue.

mcf technical

"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, July 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 $0.061397 per unit, payable on August 14, 2026, to unitholders of record on July 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		6,000			75,000		$109.21		$4.84
Prior Month Distribution			9,000		27,000		$88.05			$4.30
(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 $2,000 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 $5,987,000, including accrued interest of $1,693,000.

XTO Energy has advised the Trustee that $54,000 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 $794,000, including accrued interest of $30,000.

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-july-cash-distribution-302829298.html

SOURCE Cross Timbers Royalty Trust

FAQ

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

Cross Timbers Royalty Trust declared a July 2026 cash distribution of $0.061397 per unit. According to the Trust, this distribution will be paid on August 14, 2026 to unitholders of record on July 31, 2026, based on underlying June production.

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

The July 2026 CRT cash distribution will be paid on August 14, 2026 to unitholders of record on July 31, 2026. According to Cross Timbers Royalty Trust, only holders on the record date qualify for this specific monthly payment.

What were the underlying oil and gas sales volumes for the current CRT distribution?

For the current distribution, underlying sales were 6,000 Bbls of oil and 75,000 Mcf of gas. According to Cross Timbers Royalty Trust, volumes are recorded when related net profits income is received, so reported volumes can fluctuate month to month due to timing of cash receipts.

How did oil and gas prices change for Cross Timbers Royalty Trust’s July 2026 distribution?

For the July 2026 distribution, oil averaged $109.21 per Bbl and gas $4.84 per Mcf. According to the Trust, prior distribution prices were $88.05 per Bbl for oil and $4.30 per Mcf for gas, reflecting higher realized commodity prices.

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

Excess costs on the Texas Working Interest net profits interests increased by $2,000, reaching $5,987,000 including $1,693,000 of accrued interest. According to Cross Timbers Royalty Trust, these excess costs did not reduce net proceeds from the remaining conveyances for this month’s distribution.

How did excess costs affect proceeds from CRT’s Oklahoma Working Interest properties for July 2026?

For July 2026, $54,000 of excess costs were recovered on Oklahoma Working Interest properties, but no proceeds remained for distribution. According to Cross Timbers Royalty Trust, cumulative excess costs there are $794,000, including $30,000 of accrued interest after this partial recovery.

Where can investors find more information on Cross Timbers Royalty Trust (NYSE: CRT) distributions and tax data?

Investors can find distribution details, annual tax information, and historical releases on the Trust’s website at www.crt-crosstimbers.com. According to Cross Timbers Royalty Trust, this site provides ongoing information useful for unitholders monitoring monthly cash distributions and related underlying sales data.