dividend
confidence high
sentiment neutral
materiality 0.30
Cross Timbers Royalty Trust declares $0.109923/unit monthly distribution payable Nov 14, 2023
CROSS TIMBERS ROYALTY TRUST
- Monthly distribution of $0.109923 per unit, payable Nov 14, 2023 to holders of record Oct 31, 2023.
- Underlying oil sales: 14,000 Bbls at avg $75.47/bbl (vs 12,000 Bbls at $72.38 prior month).
- Underlying gas sales: 105,000 Mcf at avg $3.97/Mcf (vs 108,000 Mcf at $4.01 prior month).
- Excess costs on Texas Working Interest increased by $79,000; cumulative excess costs total $2.51M including $780K interest.