Cross Timbers Royalty Trust
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $64.9M
- Price
- $10.81
- % Change (Daily % change from the live per-ticker quote feed.)
- +2.95%
- Volume
- 22.9K
About
Cross Timbers Royalty Trust functions as an express trust within the United States, holding substantial stakes in various energy-related assets. The trust maintains a 90% net profits interest across a selection of producing and nonproducing royalty and overriding royalty properties located in Texas, Oklahoma, and New Mexico. Additionally, it secures a 75% net profits working interest in seven specific properties, four of which are situated in Texas and three in Oklahoma. This entity was established in 1991 and its corporate headquarters are based in Dallas, Texas.
Quick stats
Shares outstanding6.0M
Computed float6.0M
Float / shares100.0%
Key info
SectorEnergy
IndustryOil & Gas Exploration & Production
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0000881787
AI Summary
AI-generated1/9
minorneutraldividend
CROSS TIMBERS ROYALTY TRUST DECLARES AUGUST CASH DISTRIBUTION
Cross Timbers Royalty Trust declared a cash distribution of $0.067892 per unit, payable September 15 to unitholders of record on August 31.
Underlying sales for the current month included 11,000 barrels of oil at an average price of $78.27 per barrel and 50,000 Mcf of gas at $4.69 per Mcf, compared to 6,000 barrels and 75,000 Mcf respectively in the prior month.
The Trustee reported that while $246,000 of excess costs were recovered on Oklahoma properties, there were no remaining proceeds from those properties to be included in this month's distribution.