Cross Timbers - CRT STOCK NEWS

Simmons Bank, as Trustee of the Cross Timbers Royalty Trust (NYSE: CRT), announced a cash distribution of $0.037301 per unit, payable on April 14, 2021. Unitholders of record by March 31, 2021 will be eligible for this payment. Current month distributions include sales of 11,000 Bbls of oil and 91,000 Mcf of gas, with average prices of $49.16 per Bbl for oil and $4.57 per Mcf for gas. Previous month sales were 12,000 Bbls and 175,000 Mcf with lower average prices. There are outstanding cumulative excess costs amounting to $2.7 million in Texas and $0.3 million in Oklahoma.

On February 16, 2021, Simmons Bank, as Trustee of Cross Timbers Royalty Trust (CRT), announced a cash distribution of $0.086656 per unit, payable on March 12, 2021, to unitholders of record as of February 26, 2021. The current month's reported volumes include 12,000 Bbls of oil and 175,000 Mcf of gas, with average prices of $43.96 per Bbl and $3.79 per Mcf. Cumulative excess costs total $2.7 million for Texas and $0.3 million for Oklahoma, impacting future distributions.

Cross Timbers Royalty Trust (CRT) has declared a cash distribution of $0.049268 per unit for January 2021, payable on February 12, 2021, to unitholders of record on January 29, 2021. The current month's distribution reflects 12,000 barrels of oil and 173,000 Mcf of gas sold at average prices of $39.28 per barrel and $3.57 per Mcf. Notably, excess costs increased by $13,000 in Texas and $40,000 in Oklahoma, but did not affect net proceeds. Cumulative excess costs total $2.7 million for Texas and $0.2 million for Oklahoma.

On December 18, 2020, Simmons Bank, as Trustee of the Cross Timbers Royalty Trust (CRT), announced a cash distribution of $0.062137 per unit, payable on January 15, 2021, to unitholders of record by December 31, 2020. The report highlights underlying oil sales of 14,000 Bbls and gas sales of 88,000 Mcf for the current month, with average prices of $38.91 per barrel and $1.63 per Mcf. Additionally, excess costs increased by $22,000 for Texas properties, totaling $2.7 million in cumulative excess costs.

Cross Timbers Royalty Trust (CRT) has declared a cash distribution of $0.051832 per unit for November 2020, payable on December 14, 2020. Unitholders of record by November 30, 2020 are eligible. The distribution follows reported underlying sales of 16,000 barrels of oil and 96,000 Mcf of gas for the current month, with oil averaging $39.93 per Bbl and gas $2.40 per Mcf. Increases in excess costs of $15,000 and $6,000 were reported for Texas and Oklahoma properties, respectively, bringing cumulative excess costs to $2.7 million and $0.2 million.

Simmons Bank, as Trustee of the Cross Timbers Royalty Trust (NYSE: CRT), announced a cash distribution of $0.076490 per unit, payable on November 16, 2020, to unitholders of record as of October 30, 2020. The current month saw oil sales of 20,000 Bbls and gas sales of 110,000 Mcf, with average prices at $40.32 per Bbl and $2.74 per Mcf. However, excess costs increased by $72,000 for Texas interests, totaling $2.7 million in cumulative excess costs. In contrast, Oklahoma interests had $92,000 in recovered costs, leaving $0.2 million cumulative excess costs.

Simmons Bank, Trustee of the Cross Timbers Royalty Trust (NYSE:CRT), announced a cash distribution of $0.032047 per unit to unitholders of record as of September 30, 2020. This distribution will be paid on October 15, 2020. Current month underlying oil sales reached 15,000 barrels and gas sales totaled 113,000 Mcf, with average prices of $37.97 per barrel and $1.65 per Mcf. In comparison, prior month sales were 16,000 barrels and 99,000 Mcf. Noticeably, cumulative excess costs remain at $2.6 million for Texas and $0.3 million for Oklahoma interests.

Simmons Bank, as Trustee of the Cross Timbers Royalty Trust (CRT), announced a cash distribution of $0.037954 per unit, payable on September 15, 2020, to unitholders of record by August 31, 2020. Current month sales included 16,000 Bbls of oil at an average price of $31.34 and 99,000 Mcf of gas at $2.83. Prior month sales were 11,000 Bbls of oil at $16.29 and 113,000 Mcf of gas at $2.67. Excess costs increased by $78,000 for Texas and $9,000 for Oklahoma, totaling $2.6 million and $0.3 million respectively.

Simmons Bank, as Trustee of the Cross Timbers Royalty Trust (CRT), announced a cash distribution of $0.042667 per unit for June, payable on July 14, 2020. Unitholders of record by June 30, 2020 will receive this distribution. The press release detailed underlying sales volumes, with current month oil sales at 18,000 Bbls and gas at 86,000 Mcf, translating to average prices of $23.63 per Bbl for oil and $2.38 per Mcf for gas. It was noted that excess costs increased but did not affect net proceeds from conveyances.