dividend
confidence high
sentiment neutral
materiality 0.25
Cross Timbers Royalty Trust declares April distribution of $0.24467/unit
CROSS TIMBERS ROYALTY TRUST
- Distribution of $0.24467 per unit payable May 12, 2023 to holders of record April 28, 2023.
- Current month underlying sales: 14,000 Bbls oil at $75.27/Bbl, 98,000 Mcf gas at $16.37/Mcf.
- Prior month sales: 19,000 Bbls at $81.55/Bbl, 93,000 Mcf at $10.25/Mcf.
- Excess costs on Texas working interest increased by $139,000; cumulative $1,998,000 including $688,000 interest.
- Oklahoma working interest excess costs partially recovered $108,000; cumulative $508,000 including $26,000 interest.