Welcome to our dedicated page for Cross Timbers news (Ticker: CRT), a resource for investors and traders seeking the latest updates and insights on Cross Timbers stock.
Cross Timbers Royalty Trust (CRT) provides investors with production-based income through oil and gas interests across Texas, Oklahoma, and New Mexico. This page serves as the definitive source for CRT news and regulatory disclosures.
Access real-time updates on royalty distributions, production reports, and operational developments. Our curated news collection includes earnings announcements, working interest updates, and net profits interest calculations - all essential for evaluating this energy trust's performance.
Key coverage areas include quarterly distribution details, hydrocarbon production trends from underlying properties, and cost recovery updates from partnered operators. Bookmark this page for streamlined tracking of CRT's financial position within the evolving energy markets.
For stakeholders monitoring oil price impacts on royalty trusts or analyzing Southwest production data, this resource offers centralized access to CRT's official communications. Check regularly for unfiltered updates directly affecting unit holder distributions.
On April 18, 2023, Argent Trust Company announced a cash distribution of $0.244670 per unit for holders of Cross Timbers Royalty Trust (NYSE:CRT). This payment is scheduled for May 12, 2023, to unitholders recorded as of April 28, 2023. The report detailed underlying sales, revealing current month oil sales of 14,000 Bbls and gas sales of 98,000 Mcf. The average price per barrel of oil was $75.27, while gas was $16.37. In comparison, the prior month recorded 19,000 Bbls of oil and 93,000 Mcf of gas with higher average prices of $81.55 for oil and $10.25 for gas. Despite an increase in excess costs by $139,000, these did not impact the net proceeds from the remaining conveyances significantly.
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