dividend
confidence high
sentiment negative
materiality 0.35
Cross Timbers Royalty Trust declares June distribution of $0.030174 per unit
CROSS TIMBERS ROYALTY TRUST
- Cash distribution of $0.030174 per unit, payable July 15, 2024 to unitholders of record June 28, 2024.
- Current month underlying oil sales 12,000 Bbls at $84.42/Bbl vs prior month 17,000 Bbls at $76.32/Bbl.
- Current month underlying gas sales 10,000 Mcf at $8.14/Mcf vs prior month 70,000 Mcf at $4.64/Mcf (includes volume correction).
- Excess costs on Texas Working Interest increased by $21,000; cumulative excess costs $3.53M including accrued interest.
- Excess costs on Oklahoma Working Interest increased by $48,000; cumulative excess costs $202,000 including accrued interest.