CROSS TIMBERS ROYALTY TRUST DECLARES SEPTEMBER CASH DISTRIBUTION

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

DALLAS, Sept. 19, 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 $0.031753 per unit, payable on October 15, 2025, to unitholders of record on September 30, 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		14,000			111,000		$63.13		$3.17
Prior Month Distribution			10,000		49,000		$62.10			$3.62
(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 $129,000 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 $5,128,000, including accrued interest of $1,373,000.

XTO Energy has advised the Trustee that excess costs of $118,000, including accrued interest of $1,000, were fully recovered on properties underlying the Oklahoma Working Interest net profits interests.

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

FAQ

What is the CRT dividend distribution amount for September 2025?

Cross Timbers Royalty Trust declared a distribution of $0.031753 per unit, payable on October 15, 2025, to unitholders of record on September 30, 2025.

How did Cross Timbers Royalty Trust's oil and gas sales volumes change in the latest report?

Oil sales increased to 14,000 Bbls from 10,000 Bbls, while gas sales rose to 111,000 Mcf from 49,000 Mcf.

What are the current excess costs for CRT's Texas Working Interest properties?

The cumulative excess costs for Texas Working Interest properties total $5,128,000, including accrued interest of $1,373,000.

What happened with CRT's Oklahoma Working Interest excess costs?

Oklahoma Working Interest properties fully recovered excess costs of $118,000, including accrued interest of $1,000.

How have oil and gas prices changed for Cross Timbers Royalty Trust?

Oil prices increased to $63.13 per Bbl from $62.10, while gas prices decreased to $3.17 per Mcf from $3.62.