dividend
confidence high
sentiment neutral
materiality 0.40
Cross Timbers Royalty Trust declares October distribution of $0.149149/unit
CROSS TIMBERS ROYALTY TRUST
- Distribution of $0.149149 per unit payable Nov 15, 2022 to unitholders of record Oct 31, 2022.
- Current month underlying sales: oil 12,000 Bbls at $95.77/Bbl, gas 92,000 Mcf at $10.40/Mcf.
- Excess costs on Texas Working Interest recovered $74k; remaining $1.9M including $624k accrued interest.
- Excess costs on Oklahoma Working Interest rose $370k from Hewitt Unit drilling, leaving $0.4M cumulative.