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CROSS TIMBERS ROYALTY TRUST DECLARES MARCH CASH DISTRIBUTION

1. CRT declared a cash distribution of $0.156725 per unit. 2. Distribution payable on April 14, 2025, for record holders on March 31, 2025. 3. Oil sales increased to 19,000 Bbls with prices at $73.40 per Bbl. 4. Natural gas sales grew to 97,000 Mcf, priced at $5.05 per Mcf. 5. Excess costs rose by $82,000 but did not reduce net proceeds.

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Why Bullish?

The increase in distributions and oil prices reflects positively on CRT's profitability. Historical increases in distributions have often led to stock price rises.

How important is it?

The substantial cash distribution increase can attract investor interest, enhancing stock appeal.

Why Short Term?

The impact of the distribution announcement on CRT’s price is expected to be immediate, similar to past cases where dividend declarations influenced stock prices quickly.

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XTOOXYMRO
Resources Blog Journalists Client Login Send a Release News Products Contact , /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 $0.156725 per unit, payable on April 14, 2025, to unitholders of record on March 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 19,000 97,000 $73.40 $5.05 Prior Month Distribution 12,000 90,000 $68.15 $3.51 (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 $82,000 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 $4,403,000, including accrued interest of $1,195,000. 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 Also from this source

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