dividend
confidence high
sentiment neutral
materiality 0.50
Cross Timbers Royalty Trust declares Sept distribution $0.10223/unit with litigation deduction
CROSS TIMBERS ROYALTY TRUST
- Distribution of $0.102230 per unit payable Oct 15, record Sep 30, 2024.
- Underlying sales: 16,000 Bbl oil at $77.46/Bbl, 138,000 Mcf gas at $3.29/Mcf.
- Distribution includes $24,128 net deduction for Chieftain class-action settlement production costs.
- Excess costs on Texas Working Interest increased $124,000; cumulative $3.847M including $1.034M interest.