secwatch.observer — SEC 8-K summary
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Issuer:     CROSS TIMBERS ROYALTY TRUST (CRT)
CIK:        0000881787
Form:       8-K
Filed at:   2024-07-19T23:59:59+00:00
Accession:  0000950170-24-084832
Event type: dividend
Sentiment:  neutral
Materiality: 0.40
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cross Timbers Royalty Trust declares $0.0961/unit monthly distribution for July 2024
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- Distribution of $0.096137 per unit payable August 14, 2024, to holders of record July 31, 2024.
- Underlying sales: 12,000 Bbls oil at $78.39/Bbl and 186,000 Mcf gas at $4.03/Mcf.
- Volume correction in prior month reduced reported gas sales to 22,000 Mcf; no effect on distribution.
- Excess costs on Texas Working Interest up $142k; cumulative excess $3.7M including $981k interest.
- Excess costs of $204k fully recovered on Oklahoma Working Interest net profits interests.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/881787/000095017024084832/0000950170-24-084832-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/881787/000095017024084832/crt_8-k_2407_distributio.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-084832

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