dividend
confidence high
sentiment neutral
materiality 0.35
Cross Timbers Royalty Trust declares Feb distribution of $0.045553/unit
CROSS TIMBERS ROYALTY TRUST
- Cash distribution of $0.045553 per unit, payable March 14, 2025 to holders of record Feb 28, 2025.
- Underlying oil sales: 12,000 Bbls at $68.15/Bbl; gas sales: 90,000 Mcf at $3.51/Mcf.
- Prior month distribution had higher volumes: 13,000 Bbls oil and 114,000 Mcf gas.
- Excess costs on Texas Working Interest increased by $9,000; cumulative excess costs $4,296,000 including accrued interest.