dividend
confidence high
sentiment neutral
materiality 0.35
Cross Timbers Royalty Trust declares monthly distribution of $0.193559 per unit
CROSS TIMBERS ROYALTY TRUST
- Distribution of $0.193559/unit payable Aug 14, 2023 to holders of record July 31, 2023.
- Underlying oil sales 23,000 Bbls at avg $78.43/Bbl; gas sales 97,000 Mcf at avg $4.35/Mcf.
- Excess costs on Texas Working Interest increased by $89,000; cumulative $2,333,000 including accrued interest.
- Oklahoma Working Interest excess costs of $107,000 fully recovered in the period.