StockNews.AI
CRT
StockNews.AI
29 days

CROSS TIMBERS ROYALTY TRUST DECLARES JULY CASH DISTRIBUTION

1. CRT declared a cash distribution of $0.030376 per unit for August 2025. 2. Sales volumes decreased for both oil and gas in the recent distribution. 3. Oil sold at $60.88 per barrel, slightly down from last month. 4. Cumulative excess costs total $4.824 million for Texas properties. 5. $39,000 of excess costs recovered from Oklahoma properties, but no current proceeds.

5m saved
Insight
Article

FAQ

Why Neutral?

While distributions provide immediate cash flow, declining sales volumes indicate shrinking profits. Historical patterns show that consistent distributions can stabilize prices, but dips in sales may exert downward pressure.

How important is it?

Despite a lower distribution due to decreased sales, the event remains crucial for unitholders. Previous distributions have influenced price stability, hence a moderate impact on CRT's stock is expected.

Why Short Term?

The impact mainly revolves around immediate distribution announcements, affecting short-term trader sentiment. Longer-term perspectives will depend on commodity price trends and net profit changes.

Related Companies

XTOCVXSLB
, /PRNewswire/ -- Argent Trust Company, as Trustee of the Cross Timbers Royalty Trust (the "Trust") (NYSE: CRT), today declared a cash distribution to the holders of its units of beneficial interest of $0.030376 per unit, payable on August 14, 2025, to unitholders of record on July 31, 2025. The following table shows underlying oil and gas sales and average prices attributable to the current month and prior month distributions. Underlying Sales Volumes (a)  Average Price Oil (Bbls) Gas (Mcf) Oil (per Bbl) Gas (per Mcf) Current Month Distribution 9,000 47,000 $60.88 $4.84 Prior Month Distribution 11,000 66,000 $62.83 $4.89 (a) Sales volumes are recorded in the month the Trust receives the related net profits income. Because of this, sales volumes may fluctuate from month to month based on the timing of cash receipts. Excess CostsXTO Energy has advised the Trustee that excess costs increased by $9,000 on properties underlying the Texas Working Interest net profits interests. However, these excess costs did not reduce net proceeds from the remaining conveyances. Underlying cumulative excess costs remaining on the Texas Working Interest net profits interests total $4,824,000, including accrued interest of $1,311,000. XTO Energy has advised the Trustee that $39,000 of excess costs were recovered on properties underlying the Oklahoma Working Interest net profits interests. However, after the partial recovery, there were no remaining proceeds from the properties underlying the Oklahoma Working Interest net profits interests to be included in this month's distribution. Underlying cumulative excess costs remaining on the Oklahoma Working Interest net profits interests total $33,000, including accrued interest of $443. For more information on the Trust, including the annual tax information, distribution amounts, and historical press releases, please visit our website at www.crt-crosstimbers.com. SOURCE Cross Timbers Royalty Trust WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

Related News