dividend
confidence high
sentiment neutral
materiality 0.40
Cross Timbers Royalty Trust declares May distribution of $0.080799/unit
CROSS TIMBERS ROYALTY TRUST
- Distribution of $0.080799/unit payable June 13, 2025 to holders of record May 30, 2025.
- Underlying sales: oil 13,000 Bbls at $67.18/Bbl, gas 72,000 Mcf at $5.80/Mcf.
- Prior month: $0.080799? distribution; oil 12,000 Bbls at $69.99/Bbl, gas 78,000 Mcf at $5.86/Mcf.
- Excess costs on Texas Working Interest properties rose $70,000; cumulative $4,665,000 including $1,251,000 interest.
- Trustee withheld $50,000 to build cash reserve toward $1,500,000 target.