dividend
confidence high
sentiment neutral
materiality 0.30
Cross Timbers Royalty Trust declares August distribution of $0.055175/unit
CROSS TIMBERS ROYALTY TRUST
- Cash distribution of $0.055175 per unit, payable Sept 16, 2024 to holders of record Aug 30, 2024.
- Underlying sales: 13,000 Bbls oil at $76.84/Bbl, 67,000 Mcf gas at $3.33/Mcf, down from 186,000 Mcf gas at $4.03/Mcf prior month.
- Excess costs of $26,000 recovered on Texas Working Interest; cumulative excess costs $3,697,000 including $1,008,000 accrued interest.
- No proceeds from Texas Working Interest net profits interests in this distribution due to excess costs.