dividend
confidence high
sentiment neutral
materiality 0.35
Cross Timbers Royalty Trust declares $0.124242/unit September cash distribution
CROSS TIMBERS ROYALTY TRUST
- Cash distribution of $0.124242 per unit, payable September 15, 2023 to holders of record August 31, 2023.
- Underlying oil sales: 17,000 Bbls at $71.01/Bbl; gas sales: 130,000 Mcf at $4.33/Mcf.
- Prior month underlying sales: 23,000 Bbls at $78.43/Bbl; 97,000 Mcf at $4.35/Mcf.
- Excess costs on Texas Working Interest net profits interests increased by $7,000, cumulative excess costs $2.356M including accrued interest $746,000.