other material
confidence high
sentiment neutral
materiality 0.55
Cross Timbers Royalty Trust declares November distribution of $0.092742/unit
CROSS TIMBERS ROYALTY TRUST
- November distribution $0.092742/unit, payable Dec 13, 2024 to holders of record Nov 29, 2024.
- Underlying oil sales: 13,000 Bbls at $71.39/Bbl; gas sales: 86,000 Mcf at $3.54/Mcf.
- Prior-month oil avg $76.77/Bbl; gas avg $4.46/Mcf; sales volumes lag one month.
- Excess costs on Texas Working Interest interests increased by $133,000; cumulative $4,160,000 including accrued interest.
- Excess costs did not reduce net proceeds from remaining conveyances.