dividend
confidence high
sentiment neutral
materiality 0.25
Cross Timbers Royalty Trust declares March distribution of $0.01939/unit
CROSS TIMBERS ROYALTY TRUST
- Cash distribution of $0.019390 per unit, payable April 12, 2024 to unitholders of record March 28, 2024.
- Underlying oil sales: 15,000 Bbls at $73.26/Bbl; gas: 50,000 Mcf at $5.94/Mcf.
- Texas working-interest excess costs recovered $8,000; cumulative excess costs $3.375M including accrued interest.
- Oklahoma working-interest excess costs increased by $707,000 due to drilling costs from Hewitt Unit wells.