---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-308309"
form_type: "8-K"
ticker: "CRT"
cik: "0000881787"
company_name: "CROSS TIMBERS ROYALTY TRUST"
filed_at: "2022-12-19T23:59:59+00:00"
generated_at: "2026-06-21T02:59:15.832034+00:00"
event_type: "dividend"
sentiment: "negative"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-22-308309
- form_type: 8-K
- ticker: CRT
- cik: 0000881787
- company_name: CROSS TIMBERS ROYALTY TRUST
- filed_at: 2022-12-19T23:59:59+00:00
- event_type: dividend
- sentiment: negative
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/881787/000119312522308309/0001193125-22-308309-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/881787/000119312522308309/d437589d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-308309
- JSON: https://secwatch.observer/filing/0001193125-22-308309.json
- Plain text: https://secwatch.observer/filing/0001193125-22-308309.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.