Cross Timbers Royalty Trust Declares October Cash Distribution
DALLAS, Oct. 19, 2021 /PRNewswire/ -- Simmons Bank, as Trustee of the Cross Timbers Royalty Trust (NYSE:CRT), today declared a cash distribution to the holders of its units of beneficial interest of
Underlying Sales | ||||||||||
Volumes (a) | Average Price | |||||||||
Oil (Bbls) | Gas (Mcf) | Oil (per Bbl) | Gas (per Mcf) | |||||||
Current Month Distribution | (62,000) | 8,000 | ||||||||
Prior Month Distribution | 14,000 | 134,000 | ||||||||
(a) Sales volumes are recorded in the month the Trust receives the related net profits income. |
Current Month Distribution
XTO Energy has advised the Trustee that out of period adjustments in the Texas Working Interest and Texas Royalty Interest net profits interests had a significant impact on the oil and gas sales volumes and average prices reported in the October 2021 distribution.
Excess Costs
XTO Energy has advised the Trustee that excess costs increased by
For more information on the Trust, please visit our web site at www.crt-crosstimbers.com.
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SOURCE Cross Timbers Royalty Trust