secwatch.observer — SEC 8-K summary
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Issuer:     CROSS TIMBERS ROYALTY TRUST (CRT)
CIK:        0000881787
Form:       8-K
Filed at:   2023-06-20T23:59:59+00:00
Accession:  0001193125-23-169947
Event type: dividend
Sentiment:  negative
Materiality: 0.50
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cross Timbers Royalty Trust declares June distribution of $0.07704/unit; oil volumes down 19% MoM
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- 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).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/881787/000119312523169947/0001193125-23-169947-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/881787/000119312523169947/d465132d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-169947

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