CROSS TIMBERS ROYALTY TRUST DECLARES SEPTEMBER CASH DISTRIBUTION
Cross Timbers Royalty Trust (NYSE:CRT) has declared a cash distribution of $0.031753 per unit for September, payable on October 15, 2025, to unitholders of record on September 30, 2025.
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Rhea-AI Summary
Cross Timbers Royalty Trust (NYSE:CRT) has declared a cash distribution of $0.031753 per unit for September, payable on October 15, 2025, to unitholders of record on September 30, 2025.
The Trust reported increased underlying sales volumes, with oil sales rising to 14,000 Bbls from 10,000 Bbls and gas sales increasing to 111,000 Mcf from 49,000 Mcf. Average prices were $63.13 per Bbl for oil and $3.17 per Mcf for gas.
Excess costs on Texas Working Interest properties increased by $129,000, with cumulative excess costs totaling $5,128,000. Meanwhile, Oklahoma Working Interest properties recovered excess costs of $118,000.
Positive
- Oil sales volume increased by 40% to 14,000 Bbls
- Gas sales volume increased by 126% to 111,000 Mcf
- Oil price improved to $63.13 per Bbl from $62.10
- Oklahoma Working Interest properties recovered $118,000 in excess costs
Negative
- Texas Working Interest excess costs increased by $129,000
- Cumulative excess costs on Texas properties remain high at $5,128,000
- Gas price decreased to $3.17 per Mcf from $3.62
- Monthly distribution remains relatively low at $0.031753 per unit
Details
News Market Reaction – CRT
On Sep 19, the day this news came out, CRT closed 1.92% below the previous close.
Data tracked by StockTitan Argus for the Sep 19 session.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Underlying Sales | ||||||||||
Volumes (a) | Average Price | |||||||||
Oil (Bbls) | Gas (Mcf) | Oil (per Bbl) | Gas (per Mcf) | |||||||
Current Month Distribution | 14,000 | 111,000 | ||||||||
Prior Month Distribution | 10,000 | 49,000 | ||||||||
(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
XTO Energy has advised the Trustee that excess costs of
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-september-cash-distribution-302560719.html
SOURCE Cross Timbers Royalty Trust
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