dividend
confidence high
sentiment neutral
materiality 0.40
Cross Timbers Royalty Trust declares July distribution of $0.191690/unit
CROSS TIMBERS ROYALTY TRUST
- Cash distribution of $0.191690 per unit declared, payable Aug 12, 2022 to holders of record July 29, 2022.
- Underlying sales: 15,000 Bbls oil at $93.55/bbl, 108,000 Mcf gas at $7.84/Mcf for current month.
- Prior month had higher gas volumes (284,000 Mcf) at $6.59/Mcf, partly due to out-of-period revenues.
- Cumulative excess costs on Texas Working Interest interests total $2.1M including $597K accrued interest.