Cross Timbers Royalty Trust declares $0.1153/unit monthly distribution; oil sales down 26% MoM

CROSS TIMBERS ROYALTY TRUST

Cash distribution of $0.115323 per unit, payable Feb 14, 2024 to holders of record Jan 31, 2024.
Current month oil sales volumes 14,000 Bbls (prior 19,000, -26%); gas 80,000 Mcf (prior 118,000, -32%).
Avg oil price $79.71/Bbl vs $84.61 prior; avg gas price $4.18/Mcf vs $5.24 prior.
Excess costs increased by $52,000; cumulative excess costs $3,165,000 including $837,000 accrued interest.

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