Cross Timbers Royalty Trust filings document monthly distribution-related results and trust disclosures for its units of beneficial interest. Recent Form 8-K reports furnish Item 2.02 announcements and Exhibit 99.1 releases issued by Argent Trust Company as trustee.
The filings describe cash distributions, record and payment mechanics, oil and gas sales volumes, average commodity prices, and the timing of net profits income received by the trust. They also record excess-cost information for Texas and Oklahoma working interest net profits interests, reserve-fund matters, and the trust's public-company reporting framework.
Cross Timbers Royalty Trust reported sharply lower results for the quarter ended March 31, 2026. Net profits income fell to $774,181 from $2,053,394 a year earlier, mainly due to lower oil and gas production, weaker oil prices, higher overhead and production costs, partially offset by excess-cost recoveries.
Distributable income declined to $503,406, or $0.083901 per unit, versus $1,783,938, or $0.297323 per unit, for first quarter 2025. Underlying oil sales volumes dropped 37% and gas volumes 38%, while average oil prices fell 20%. Production expense rose 52%, and underlying cumulative excess costs on Texas and Oklahoma working interest conveyances reached about $6.7 million ($5.0 million net to the Trust), including $1.6 million of accrued interest.
SoftVest, LP, a ten percent owner of Cross Timbers Royalty Trust, bought 8,542 Units of Beneficial Interest in an open-market transaction at a weighted average price of $10.61, with trade prices between $10.45 and $10.65. After this purchase, SoftVest indirectly holds 799,647 units, with SoftVest GP I, LLC and Eric L. Oliver deemed beneficial owners through their roles.
CROSS TIMBERS ROYALTY TRUST insider entity SoftVest, LP reported two open-market purchases of Units of Beneficial Interest. On April 17, 2026, SoftVest, LP bought 28,861 units at a weighted average price of $10.44 per unit. On April 20, 2026, it bought an additional 4,032 units at a weighted average price of $10.38 per unit, bringing its indirect holdings to 791,105 units.
The prices reflect multiple trades within stated ranges; one set between $10.26–$10.50 and another between $10.35–$10.40. SoftVest GP I, LLC is the general partner of SoftVest, LP, and Eric L. Oliver is the managing member of SoftVest GP I, LLC; they may be deemed to beneficially own these securities through SoftVest, LP, although Mr. Oliver disclaims beneficial ownership except to the extent of his pecuniary interest.
Cross Timbers Royalty Trust declared an April cash distribution of $0.069720 per unit, payable on May 14, 2026 to unitholders of record on April 30, 2026. This payout reflects higher underlying oil and gas sales and improved realized prices versus the prior month.
Underlying volumes for the current distribution were 17,000 Bbls of oil and 121,000 Mcf of gas, at average prices of $58.93 per Bbl and $4.83 per Mcf. The release also notes increased excess costs on Texas and Oklahoma working interest net profits interests, with cumulative excess costs of $5,863,000 for Texas and $1,019,000 for Oklahoma, which did not reduce net proceeds from remaining conveyances.
Cross Timbers Royalty Trust insider filings show that investment entity SoftVest, LP made open-market purchases of Units of Beneficial Interest over two days. SoftVest, LP bought 21,678 units at a weighted average price of $10.42 and 3,747 units at a weighted average price of $10.48, in multiple trades within stated price ranges. After these transactions, indirect holdings reported as held by SoftVest, LP totaled 758,212 units. SoftVest GP I, LLC is the general partner of SoftVest, LP, and Eric L. Oliver is the managing member of SoftVest GP I, LLC; they may be deemed to beneficially own these securities, although Mr. Oliver disclaims beneficial ownership beyond his pecuniary interest.
Cross Timbers Royalty Trust insider filings show an affiliated entity increasing its position. On behalf of SoftVest, LP, 6,844 Units of Beneficial Interest were bought in an open-market purchase at a weighted average price of $10.42 per unit. Following this transaction, SoftVest, LP indirectly holds 732,787 units. SoftVest GP I, LLC is the general partner of SoftVest, LP, and Eric L. Oliver is the managing member of SoftVest GP I, LLC; Mr. Oliver disclaims beneficial ownership except to the extent of his pecuniary interest.
SoftVest, LP, a major holder of Cross Timbers Royalty Trust, reported open‑market purchases of trust units. On two consecutive days, SoftVest, LP bought a total of 14,618 Units of Beneficial Interest at weighted average prices around $10.40–$10.49 per unit.
After these transactions, holdings reported for this indirect position increased to 725,943 units. The units are held directly by SoftVest, LP; SoftVest GP I, LLC is its general partner and Eric L. Oliver is the managing member of SoftVest GP I, LLC. Mr. Oliver may be deemed a beneficial owner but disclaims beneficial ownership beyond his pecuniary interest.
CROSS TIMBERS ROYALTY TRUST reported insider-related open-market purchases of its Units of Beneficial Interest by SoftVest, LP, an entity associated with ten percent owner Eric L. Oliver. SoftVest, LP bought a total of 581 units at prices between $10.50 and $10.60 per unit.
After these transactions, SoftVest, LP holds 711,325 units indirectly. According to the filing, SoftVest GP I, LLC is the general partner of SoftVest, LP and Mr. Oliver is the managing member, and he may be deemed to beneficially own these securities to the extent of his pecuniary interest.
SoftVest, LP, a ten percent owner of CROSS TIMBERS ROYALTY TRUST, reported open-market purchases of a total of 12,893 Units of Beneficial Interest at a weighted average price of $10.50 per unit on March 31 and April 1. Following these transactions, SoftVest, LP indirectly holds 710,744 units. The price reflects multiple trades within a range of $10.46 to $10.50. SoftVest GP I, LLC is the general partner of SoftVest, LP, and Eric L. Oliver is the managing member of SoftVest GP I, LLC; they may be deemed beneficial owners through their interests in SoftVest, LP.
SoftVest, LP, an entity associated with Eric L. Oliver, purchased 68,467 Units of Beneficial Interest of CROSS TIMBERS ROYALTY TRUST in an open-market transaction. The weighted average purchase price was $10.24 per unit, with individual trades ranging from $9.99 to $10.51. Following this indirect purchase, SoftVest, LP holds 697,851 units attributed to it, with Mr. Oliver deemed a beneficial owner only to the extent of his pecuniary interest.