dividend
confidence high
sentiment neutral
materiality 0.40
Cross Timbers Royalty Trust declares June cash distribution of $0.272187 per unit
CROSS TIMBERS ROYALTY TRUST
- Distribution of $0.272187/unit payable July 15, 2022 to holders of record June 30, 2022.
- Current month oil sales: 14,000 bbls at $87.02/bbl; gas sales: 284,000 Mcf at $6.59/Mcf.
- Prior month oil sales: 13,000 bbls at $101.14/bbl; gas sales: 115,000 Mcf at $7.36/Mcf.
- Gas volumes increased from prior month due to out-of-period revenues from non-operated New Mexico properties.
- Excess costs increased by $29,000; cumulative excess costs on Texas Working Interest total $2.2 million.