---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-169947"
form_type: "8-K"
ticker: "CRT"
cik: "0000881787"
company_name: "CROSS TIMBERS ROYALTY TRUST"
filed_at: "2023-06-20T23:59:59+00:00"
generated_at: "2026-06-13T22:07:43.614946+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 June distribution of $0.07704/unit; oil volumes down 19% MoM

## Summary
- Distribution of $0.07704/unit payable July 17, 2023 to holders of record June 30, 2023.
- Current month sales: oil 13,000 Bbls at $74.36/Bbl, gas 78,000 Mcf at $6.15/Mcf; prior month: 16,000 Bbls at $72.67/Bbl, 88,000 Mcf at $11.96/Mcf.
- Texas working interest excess costs increased $214,000; cumulative excess costs total $2,229,000 (including $715,000 interest).
- Oklahoma working interest: $139,000 of excess costs recovered; remaining cumulative $106,000 (including $31,000 interest).

## SEC filing metadata
- accession: 0001193125-23-169947
- form_type: 8-K
- ticker: CRT
- cik: 0000881787
- company_name: CROSS TIMBERS ROYALTY TRUST
- filed_at: 2023-06-20T23:59:59+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/881787/000119312523169947/0001193125-23-169947-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/881787/000119312523169947/d465132d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-169947
- JSON: https://secwatch.observer/filing/0001193125-23-169947.json
- Plain text: https://secwatch.observer/filing/0001193125-23-169947.txt

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