Dividends & Buybacks ·
Cross Timbers Royalty Trust declares $0.064277 per unit monthly cash distribution
CRTCross Timbers Royalty Trust
Cross Timbers Royalty Trust declared a monthly cash distribution of $0.064277 per unit to unitholders of record on September 30, 2026, with payment scheduled for October 15, 2026. The distribution is based on underlying sales volumes of 10,000 barrels of oil and 48,000 thousand cubic feet of gas at average prices of $76.19 per barrel and $4.67 per Mcf, respectively. Excess costs increased by $277,000 on Texas properties but did not reduce net proceeds, while Oklahoma properties yielded no distribution due to remaining excess costs exceeding available proceeds. The company operates in the oil and gas royalty trust industry.