secwatch.observer — SEC 8-K summary
======================================

Issuer:     CROSS TIMBERS ROYALTY TRUST (CRT)
CIK:        0000881787
Form:       8-K
Filed at:   2024-05-20T23:59:59+00:00
Accession:  0000950170-24-062303
Event type: dividend
Sentiment:  neutral
Materiality: 0.25
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cross Timbers Royalty Trust declares May distribution of $0.058252/unit
-----------------------------------------------------------------------

- Distribution of $0.058252 per unit payable June 14, 2024 to holders of record May 31, 2024.
- Current month underlying sales: 17,000 Bbls oil at $76.32/Bbl and 70,000 Mcf gas at $4.64/Mcf.
- Prior month distribution had 14,000 Bbls oil and 255,000 Mcf gas; out-of-period gas revenues boosted prior month.
- Excess costs recovered: $46,000 on Texas WI (none remaining for distribution) and $366,000 on Oklahoma WI.
- Cumulative excess costs: $3,484,000 (Texas WI) including $931,000 interest; $153,000 (Oklahoma WI) including $9,000 interest.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/881787/000095017024062303/0000950170-24-062303-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/881787/000095017024062303/crt_8-k_2405_distributio.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-062303

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer