dividend
confidence high
sentiment neutral
materiality 0.30
Cross Timbers Royalty Trust declares February cash distribution of $0.114156 per unit
CROSS TIMBERS ROYALTY TRUST
- Distribution of $0.114156 per unit payable March 14, 2024 to holders of record February 29, 2024.
- Underlying sales volumes: 14,000 Bbls oil at $73.21/Bbl and 123,000 Mcf gas at $4.26/Mcf.
- Prior month volumes: 14,000 Bbls oil at $79.71/Bbl and 80,000 Mcf gas at $4.18/Mcf.
- Texas working interest excess costs increased by $172,000 (cumulative $3,360,000 including $860,000 interest).
- Oklahoma working interest excess costs increased by $17,000 (cumulative $17,000).