dividend
confidence high
sentiment neutral
materiality 0.35
Cross Timbers Royalty Trust declares August cash distribution of $0.230619/unit; cumulative excess costs remain $2.0M
CROSS TIMBERS ROYALTY TRUST
- August cash distribution of $0.230619/unit; payable Sept 15, 2022 to holders of record Aug 31, 2022.
- Underlying oil sales: 13,000 Bbls at avg $108.03/Bbl; gas: 107,000 Mcf at $9.42/Mcf.
- Prior month: oil 15,000 Bbls at $93.55/Bbl; gas 108,000 Mcf at $7.84/Mcf.
- $95,000 excess costs recovered on Texas Working Interest properties; cumulative excess costs remain $2.0M including $605k accrued interest.