secwatch.observer — SEC 8-K summary
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Issuer:     CROSS TIMBERS ROYALTY TRUST (CRT)
CIK:        0000881787
Form:       8-K
Filed at:   2024-01-19T23:59:59+00:00
Accession:  0001193125-24-011066
Event type: dividend
Sentiment:  neutral
Materiality: 0.30
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/881787/000119312524011066/0001193125-24-011066-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/881787/000119312524011066/d714132d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-011066

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer