CROSS TIMBERS ROYALTY TRUST DECLARES OCTOBER CASH DISTRIBUTION

Rhea-AI Summary

Cross Timbers Royalty Trust (NYSE: CRT) declared a cash distribution of $0.075205 per unit, payable on November 17, 2025 to holders of record on October 31, 2025. The Trust reported underlying sales volumes and average prices used to calculate recent distributions.

Key monthly metrics: oil volumes for the current distribution were 12,000 Bbl with an average price of $67.13/Bbl (prior: 14,000 Bbl at $63.13), and gas volumes were 80,000 Mcf with an average price of $4.79/Mcf (prior: 111,000 Mcf at $3.17). The Trustee disclosed cumulative excess costs of $5,232,000 on Texas working interest interests (including $1,405,000 accrued interest) and $6,000 on Oklahoma working interest interests.

Positive

• Declared cash distribution of $0.075205 per unit
• Oil price increased to $67.13/Bbl from $63.13 prior month
• Gas price increased to $4.79/Mcf from $3.17 prior month

Negative

• Oil sales volume declined to 12,000 Bbl from 14,000 Bbl prior month
• Gas sales volume declined to 80,000 Mcf from 111,000 Mcf prior month
• Cumulative excess costs on Texas working interests total $5,232,000 including $1,405,000 accrued interest

DALLAS, Oct. 21, 2025 /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 $0.075205 per unit, payable on November 17, 2025, to unitholders of record on October 31, 2025. 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		12,000			80,000		$67.13		$4.79
Prior Month Distribution			14,000		111,000		$63.13			$3.17

(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 $72,000 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 $5,232,000, including accrued interest of $1,405,000.

XTO Energy has advised the Trustee that excess costs increased by $6,000 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 $6,000.

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-october-cash-distribution-302589976.html

SOURCE Cross Timbers Royalty Trust

FAQ

What distribution did Cross Timbers Royalty Trust (CRT) declare on October 21, 2025?

The Trust declared a cash distribution of $0.075205 per unit payable on November 17, 2025 to unitholders of record on October 31, 2025.

How did oil and gas prices affect the CRT October distribution calculation?

Reported average prices were $67.13 per Bbl for oil and $4.79 per Mcf for gas for the current distribution period.

Did Cross Timbers (CRT) report any changes in sales volumes for October 2025?

Yes. Oil sales volumes fell to 12,000 Bbl from 14,000 Bbl and gas volumes fell to 80,000 Mcf from 111,000 Mcf compared with the prior month.

What excess cost liabilities did CRT disclose on October 21, 2025?

The Trustee reported cumulative excess costs of $5,232,000 on Texas working interests (including $1,405,000 accrued interest) and $6,000 on Oklahoma working interests.

When will CRT unitholders receive the declared November 2025 distribution?

The distribution is payable on November 17, 2025 to holders of record as of October 31, 2025.