Cross Timbers - CRT STOCK NEWS

Cross Timbers Royalty Trust (CRT) announced a cash distribution of $0.125725 per unit for January 2022, payable on February 14, 2022, to unitholders of record on January 31, 2022. Current oil sales volumes reached 85,000 Bbls at an average price of $55.83 per barrel, while gas sales were 94,000 Mcf at $7.35 per Mcf. In contrast, the prior month saw oil sales of 12,000 Bbls at $73.31 per barrel and gas at 109,000 Mcf at $6.50 per Mcf. Notably, there are $2.6 million in cumulative excess costs remaining from the Texas Working Interest net profits interests.

Simmons Bank, as Trustee of the Cross Timbers Royalty Trust (NYSE:CRT), announced a cash distribution of $0.137129 per unit, payable on January 14, 2022, to unitholders recorded by December 31, 2021. The December distribution reflects oil sales of 12,000 Bbls and gas sales of 109,000 Mcf, with average prices of $73.31 per Bbl for oil and $6.50 per Mcf for gas. Prior adjustments by XTO Energy impacted gas volumes significantly. Additionally, $6.3 million in cumulative excess costs remain unrecovered from Texas Working Interest properties.

On November 19, 2021, Simmons Bank, Trustee of the Cross Timbers Royalty Trust (CRT), declared a cash distribution of $0.073000 per unit, scheduled for December 14, 2021, to unitholders of record by November 30, 2021. The current month's distribution reflects a notable fluctuation in oil and gas sales volumes, with adjustments affecting reported figures due to timing issues from XTO Energy. Excess costs tied to properties under the Texas Working Interest have increased, totaling approximately $6.3 million cumulatively after the latest distribution.

Simmons Bank, as Trustee of the Cross Timbers Royalty Trust (CRT), announced a cash distribution of $0.067003 per unit, payable on November 15, 2021, to unitholders of record as of October 29, 2021. The current month distribution reflects 62,000 Bbls of oil and 8,000 Mcf of gas, with average prices at $47.84 per Bbl for oil and $26.98 per Mcf for gas. Noteworthy is the increase in excess costs by $3,599,000 due to adjustments affecting the Texas Working Interest. The cumulative excess costs now total $6.3 million.

Cross Timbers Royalty Trust (NYSE: CRT) has declared a cash distribution of $0.162571 per unit for September 2021, with an ex-dividend date of September 30, 2021 and payment set for October 15, 2021. Current month distributions showed underlying sales of 14,000 Bbls of oil and 134,000 Mcf of gas. Average prices increased to $68.14 per Bbl for oil and $6.53 per Mcf for gas. However, $56,000 in excess costs were recovered, leaving cumulative excess costs of $2.7 million after the latest distribution.

Cross Timbers Royalty Trust (CRT) announced a cash distribution of $0.097254 per unit, payable on September 15, 2021, to unitholders of record as of August 31, 2021. The current month distribution is based on underlying sales of 15,000 barrels of oil and 77,000 Mcf of gas, with average prices of $62.74 per barrel and $5.00 per Mcf. Comparatively, the prior month distribution included 18,000 barrels of oil and 108,000 Mcf of gas at $57.35 and $4.55 respectively. Notably, $30,000 in excess costs were recovered, but cumulative excess costs remain at $2.7 million.

Simmons Bank, as Trustee of Cross Timbers Royalty Trust (CRT), announced a cash distribution of $0.123792 per unit, payable on August 13, 2021, to unitholders of record on July 30, 2021. The current month distribution includes sales of 18,000 Bbls of oil and 108,000 Mcf of gas, with average prices of $57.35 per Bbl and $4.55 per Mcf. Notably, $53,000 in excess costs were recovered, although there remains a cumulative excess of $2.8 million on Texas Working Interest. More information can be found at www.crt-crosstimbers.com.

Simmons Bank, Trustee of the Cross Timbers Royalty Trust (CRT), announced a cash distribution of $0.104054 per unit, payable on July 15, 2021. This distribution is for unitholders of record as of June 30, 2021. The current month saw oil sales of 13,000 Bbls and gas sales of 47,000 Mcf, with average prices of $78.77 per Bbl for oil and $7.15 per Mcf for gas. Meanwhile, XTO Energy reported an increase in excess costs by $77,000, though these did not affect net proceeds, which remain at $2.8 million.

Simmons Bank, Trustee of the Cross Timbers Royalty Trust (NYSE:CRT), announced a cash distribution of $0.077704 per unit, payable on June 14, 2021. Unitholders of record on May 28, 2021 will receive this payout. Current month underlying sales included 13,000 barrels of oil and 67,000 Mcf of gas, with average prices of $57.03 per barrel and $5.46 per Mcf. In contrast, prior month sales were 23,000 barrels and 104,000 Mcf, showing a decline. Additionally, $31,000 of excess costs were recovered, leaving cumulative excess costs of $2.7 million.