secwatch.observer — SEC 8-K summary
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Issuer:     CROSS TIMBERS ROYALTY TRUST (CRT)
CIK:        0000881787
Form:       8-K
Filed at:   2024-10-21T23:59:59+00:00
Accession:  0000950170-24-115904
Event type: dividend
Sentiment:  negative
Materiality: 0.40
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cross Timbers Royalty Trust declares $0.064592/unit October distribution; oil and gas volumes drop sharply
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- Distribution of $0.064592/unit payable Nov 15, 2024 to holders of record Oct 31, 2024.
- Current month sales: 12,000 Bbls oil at $76.77/Bbl, 82,000 Mcf gas at $4.46/Mcf vs prior month 16,000 Bbls at $77.46/Bbl, 138,000 Mcf at $3.29/Mcf.
- September distribution included a $24,128 deduction for Chieftain litigation settlement production cost.
- Excess costs on Texas Working Interest increased $125k; cumulative excess costs total $4M including $1.061M accrued interest.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/881787/000095017024115904/0000950170-24-115904-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/881787/000095017024115904/crt_8-k_2410_distributio.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-115904

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