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CRT Cross Timbers Royalty Trust

12.45
-0.63 (-4.82%)
After Hours
Last Updated: 21:22:07
Delayed by 15 minutes
Name Symbol Market Type
Cross Timbers Royalty Trust NYSE:CRT NYSE Trust
  Price Change % Change Price High Price Low Price Open Price Traded Last Trade
  -0.63 -4.82% 12.45 13.10 12.4633 13.08 59,044 21:22:07

CROSS TIMBERS ROYALTY TRUST DECLARES JANUARY CASH DISTRIBUTION

19/01/2024 2:15pm

PR Newswire (US)


Cross Timbers Royalty (NYSE:CRT)
Historical Stock Chart


From Dec 2023 to Jun 2024

Click Here for more Cross Timbers Royalty Charts.

DALLAS, Jan. 19, 2024 /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 $0.115323 per unit, payable on February 14, 2024, to unitholders of record on January 31, 2024. 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


14,000


80,000


$79.71


$4.18


Prior Month Distribution


19,000


118,000


$84.61


$5.24


(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 Costs
XTO Energy has advised the Trustee excess costs increased by $52,000 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 $3,165,000, including accrued interest of $837,000.

For more information on the Trust, please visit our website at www.crt-crosstimbers.com.

Cision View original content:https://www.prnewswire.com/news-releases/cross-timbers-royalty-trust-declares-january-cash-distribution-302039192.html

SOURCE Cross Timbers Royalty Trust

Copyright 2024 PR Newswire

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