Cross Timbers Royalty Trust declares Dec. cash distribution of $0.150335/unit; excess costs persist

CROSS TIMBERS ROYALTY TRUST

Cash distribution $0.150335/unit payable Jan 17, 2023 to holders of record Dec 30, 2022.
Underlying sales: 14,000 Bbls oil & 101,000 Mcf gas; avg oil $84.61/bbl, gas $10.44/Mcf.
XTO recovered $214k excess costs on Texas properties but no proceeds; cumulative excess $1.8M.
Argent Trust Company to succeed Simmons Bank as trustee effective Dec 30, 2022 (court order).
Prior month distribution: 12,000 Bbls oil & 93,000 Mcf gas; avg oil $85.47, gas $10.74.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.