dividend
confidence high
sentiment neutral
materiality 0.60
Cross Timbers Royalty Trust declares January cash distribution of $0.032918 per unit
CROSS TIMBERS ROYALTY TRUST
- Distribution of $0.032918 per unit payable February 13, 2026 to unitholders of record January 30, 2026.
- Underlying sales: 10,000 Bbls oil at $57.62/Bbl and 73,000 Mcf gas at $4.13/Mcf for current month.
- Prior month distribution benefited from out-of-period gas revenues at Hewitt Unit and New Mexico properties.
- Excess costs increased by $35,000 on Texas Working Interest (cumulative $5,526,000) and $666,000 on Oklahoma Working Interest (cumulative $666,000).
- Excess costs did not reduce net proceeds from remaining conveyances.