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 (CRT) announced a September cash distribution of $0.064277 per unit, payable on October 15, 2026 to unitholders of record on September 30, 2026. The distribution reflects underlying current-month sales of 10,000 Bbls of oil at $76.19 per Bbl and 48,000 Mcf of gas at $4.67 per Mcf.
XTO Energy advised the trustee that excess costs increased by $277,000 on Texas Working Interest net profits interests, leaving underlying cumulative excess costs of $6,332,000, including $1,762,000 of accrued interest. For Oklahoma Working Interest net profits interests, $67,000 of excess costs were recovered, with underlying cumulative excess costs of $488,000, including $37,000 of accrued interest.
CROSS TIMBERS ROYALTY TRUST (CRT) reports that an entity associated with a ten percent owner purchased additional Units of Beneficial Interest on September 11, 2026.
SoftVest, LP purchased 16,360 units in open-market or private transactions at a weighted average price of $11.46 per unit, with individual trade prices ranging from $11.33 to $11.50. After these purchases, SoftVest, LP indirectly holds 1,005,873 units of the trust. SoftVest GP I, LLC is the general partner of SoftVest, LP and Eric L. Oliver is the managing member of SoftVest GP I, LLC, so each may be deemed to beneficially own the units held by SoftVest, LP, although Mr. Oliver disclaims beneficial ownership except to the extent of his pecuniary interest. No Rule 10b5-1 trading plan is reported for these transactions.
CROSS TIMBERS ROYALTY TRUST (CRT) had units of beneficial interest purchased on September 8 and September 9, 2026, in open-market or private transactions reported on Form 4. An entity associated with reporting persons, SoftVest, LP, bought 6,142 units at $10.94 and 7,134 units at $11.29, both at weighted average prices over disclosed intraday ranges. The units are held indirectly by SoftVest, LP; SoftVest GP I, LLC is its general partner, and Eric L. Oliver is the managing member of SoftVest GP I, LLC, who disclaims beneficial ownership beyond his pecuniary interest. No Rule 10b5-1 trading plan is reported.
CROSS TIMBERS ROYALTY TRUST (CRT) insider entities associated with Eric L. Oliver reported open-market purchases of Units of Beneficial Interest. On September 3, 2026, SoftVest, LP bought 790 units at a weighted average price of $10.67 per unit, and on September 4, 2026 it bought 5,473 units at a weighted average price of $10.90 per unit, in multiple trades within disclosed price ranges. The units are held indirectly by SoftVest, LP; SoftVest GP I, LLC is its general partner and Mr. Oliver is the managing member of SoftVest GP I, LLC, and Mr. Oliver disclaims beneficial ownership beyond his pecuniary interest. No Rule 10b5-1 trading plan is reported.
CROSS TIMBERS ROYALTY TRUST (CRT) reported that an entity associated with 10% owner Eric L. Oliver, SoftVest, LP, purchased a total of 6,236 Units of Beneficial Interest in open-market transactions on September 1–2, 2026, at weighted average prices of $10.51 and $10.63 per unit. The units are held indirectly by SoftVest, LP; SoftVest GP I, LLC and Mr. Oliver may be deemed beneficial owners, and Mr. Oliver disclaims beneficial ownership except to the extent of his pecuniary interest.
Cross Timbers Royalty Trust (CRT), with Argent Trust Company as trustee, declared a monthly cash distribution of $0.067892 per unit, payable on September 15, 2026 to unitholders of record on August 31, 2026.
For the current distribution period, underlying sales were 11,000 Bbls of oil at an average price of $78.27 per Bbl and 50,000 Mcf of gas at $4.69 per Mcf, compared with 6,000 Bbls of oil and 75,000 Mcf of gas in the prior month. XTO Energy advised that excess costs on Texas Working Interest net profits interests increased by $43, bringing underlying cumulative excess costs there to $6,021,000, including $1,727,000 of accrued interest, without reducing net proceeds from remaining conveyances. In Oklahoma, $246,000 of excess costs were recovered on Working Interest net profits interests, but there were no remaining proceeds from those properties for this month’s distribution; underlying cumulative excess costs there total $552,000, including $34,000 of accrued interest.
CROSS TIMBERS ROYALTY TRUST insider reporting group associated with Eric L. Oliver, SoftVest, LP, and SoftVest GP I, LLC reported two open-market purchases of Units of Beneficial Interest. On 2026-08-13, SoftVest, LP indirectly acquired 3,087 units at a weighted average price of $10.12 per unit, from individual trades between $10.00 and $10.20. On 2026-08-14, SoftVest, LP indirectly acquired 9,609 units at a weighted average price of $10.44 per unit, from individual trades between $10.35 and $10.50. In total, the reporting group disclosed 12,696 units of net purchases, all held indirectly through SoftVest, LP, with Mr. Oliver disclaiming beneficial ownership beyond his pecuniary interest.
Cross Timbers Royalty Trust reported open‑market purchases of a total of 26,082 Units of Beneficial Interest linked to entities associated with Eric L. Oliver. SoftVest, LP acquired 13,132 units on August 11, 2026 at a weighted average price of $9.95 and 12,950 units on August 12, 2026 at a weighted average price of $10.08, in multiple trades within narrow price ranges. The units are held directly by SoftVest, LP; SoftVest GP I, LLC is its general partner and Mr. Oliver is the managing member, and each may be deemed to beneficially own these securities, with Mr. Oliver disclaiming beneficial ownership beyond his pecuniary interest.
Cross Timbers Royalty Trust reported weaker results for the three and six months ended June 30, 2026. Net profits income was $1,088,155 for the quarter, down 16% from second quarter 2025, and $1,862,336 for the first six months, a 44% decrease from the prior-year period, driven mainly by lower oil and gas production, higher overhead and production expenses, and lower natural gas prices, partly offset by favorable excess costs activity.
Quarterly distributable income was $861,180, or $0.143530 per unit, versus $892,548, or $0.148758 per unit, a year earlier. For the first half of 2026, distributable income was $1,364,586, or $0.227431 per unit, compared with $2,676,486, or $0.446081 per unit, in 2025. Underlying oil volumes declined 19% and gas volumes 26% for the six‑month period, reflecting timing of receipts and natural declines.
Cumulative excess costs on the Texas and Oklahoma working interest conveyances totaled $6.8 million underlying, or $5.1 million net to the Trust, including $1.7 million of accrued interest. The Trust held $1.76 million in cash and short-term investments, an expense reserve of $1.5 million, and net profits interests with a carrying value of $2.09 million as of June 30, 2026. The Trustee recorded no impairment of the net profits interests and concluded disclosure controls and procedures were effective.
Cross Timbers Royalty Trust, with Argent Trust Company as trustee, declared a July 2026 cash distribution of $0.061397 per unit, payable on August 14, 2026 to unitholders of record on July 31, 2026.
The distribution reflects underlying current-month sales of 6,000 Bbls of oil and 75,000 Mcf of gas at average prices of $109.21 per Bbl and $4.84 per Mcf, compared with higher oil volumes but lower prices in the prior month. XTO Energy reported that excess costs on Texas Working Interest net profits interests increased by $2,000, bringing underlying cumulative excess costs there to $5,987,000, including $1,693,000 of accrued interest. On Oklahoma working interests, $54,000 of excess costs were recovered, leaving underlying cumulative excess costs of $794,000, including $30,000 of accrued interest, and no proceeds from those properties in this month’s distribution.