Welcome to our dedicated page for Cross Timbers SEC filings (Ticker: CRT), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
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) reported net profits income of $1,293,766 for the quarter ended June 30, 2025, a 17% decline from Q2 2024, driving distributable income of $892,548 or $0.148758 per unit versus $0.224293 a year earlier. For the six months net profits income was $3,347,160 (down 2%) and distributable income was $2,676,486 or $0.446081 per unit.
Key drivers were lower oil production and prices (oil volumes down 18% and average oil price down 14% to $66.79/Bbl) and higher production expense (up 24% for the quarter). Gas prices rose 37% to $5.54/Mcf but gas volumes fell 35% for the quarter. The Trust holds $1,361,234 in cash and short-term investments, net NPIs of $2,290,044, a funded expense reserve of $1,150,000, and cumulative underlying excess costs of approximately $4.9 million ($3.6 million net to the Trust). No impairment was recorded and the Trustee concluded disclosure controls are effective.
Cross Timbers Royalty Trust (NYSE: CRT) filed an 8-K on 20 June 2025 to disclose that it has issued a news release (Exhibit 99.1) announcing its monthly cash distribution to unitholders of record on 30 June 2025. The filing is furnished under Item 2.02 (Results of Operations and Financial Condition) and does not include the dollar amount or per-unit rate; those details are contained only in the attached news release. No other operational or financial metrics, guidance revisions, or strategic actions are discussed. The disclosure confirms the Trust’s ongoing practice of regular cash distributions and indicates record and payment timing without providing further quantitative information.