Cross Timbers Royalty TrustNYSE: CRT

Cross Timbers Royalty Trust declares october cash distribution

· Issued by Cross Timbers Royalty Trust via PR Newswire

Summary by 6ix AI

Argent Trust Company, as Trustee of Cross Timbers Royalty Trust, declared a cash distribution of $0.277908 per unit on October 20, 2026. It is payable on November 16, 2026, to unitholders of record on October 30, 2026.

Key details

  • Underlying sales for this distribution were 33,000 barrels of oil and 89,000 Mcf (thousand cubic feet) of gas, at average prices of $83.56 per barrel and $4.86 per Mcf. The prior month's were 10,000 barrels and 48,000 Mcf, at $76.19 and $4.67.
  • XTO Energy told the Trustee that sales volumes for May 2026 through July 2026 were received this month from Scout Energy Management LLC. Scout is the new operator of the Hewitt Unit, one of the properties underlying the Oklahoma Working Interest net profits interests.
  • XTO Energy told the Trustee that excess costs rose by $149,000 on properties underlying the Texas Working Interest net profits interests, but did not reduce net proceeds from the remaining conveyances. Cumulative excess costs remaining there total $6,517,000, including accrued interest of $1,797,000.
  • XTO Energy told the Trustee that excess costs of $491,000, including interest of $40,000, were fully recovered on properties underlying the Oklahoma Working Interest net profits interests.

6ix AI wrote this summary from the release below and checked it against the release.

DALLAS, Oct. 20, 2026 /PRNewswire/ -- Argent Trust Company, as Trustee of the Cross Timbers Royalty Trust (the "Trust") (NYSE: CRT), today declared a cash distribution to the holders of its units of beneficial interest of $0.277908 per unit, payable on November 16, 2026, to unitholders of record on October 30, 2026. The following table shows underlying oil and gas sales and average prices attributable to the current month and prior month distributions.



Underlying Sales





Volumes (a) 


Average Price



Oil

(Bbls)


Gas

(Mcf)


Oil

(per Bbl)


Gas

(per Mcf)


Current Month Distribution


33,000


89,000


$83.56


$4.86


Prior Month Distribution


10,000


48,000


$76.19


$4.67


(a) Sales volumes are recorded in the month the Trust receives the related net profits income. Because of this, sales volumes may fluctuate from month to month based on the timing of cash receipts.












Current Month Distribution

XTO Energy has advised the Trustee that sales volumes for May 2026 through July 2026 were received in the current month from Scout Energy Management LLC, the new operator of the Hewitt Unit, which is one of the properties underlying the Oklahoma Working Interest net profits interests.

Excess Costs

XTO Energy has advised the Trustee that excess costs increased by $149,000 on properties underlying the Texas Working Interest net profits interests. However, these excess costs did not reduce net proceeds from the remaining conveyances. Underlying cumulative excess costs remaining on the Texas Working Interest net profits interests total $6,517,000, including accrued interest of $1,797,000.

XTO Energy has advised the Trustee that excess costs of $491,000, including interest of $40,000, were fully recovered on properties underlying the Oklahoma Working Interest net profits interests.

For more information on the Trust, including the annual tax information, distribution amounts, and historical press releases, please visit our website at www.crt-crosstimbers.com.

SOURCE Cross Timbers Royalty Trust

View original source (PR Newswire)Cross Timbers Royalty Trust on 6ix

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