Cross Timbers Royalty Trust Announces September Cash Distribution Details

Cross Timbers Royalty Trust Announces September Cash Distribution

On September 18, 2026, Argent Trust Company, acting as the Trustee for the Cross Timbers Royalty Trust (publicly traded as NYSE: CRT), declared a cash distribution for its unit holders. The amount set for distribution is $0.064277 per unit. This payment is slated to reach unitholders by October 15, 2026, for those on record by September 30, 2026.

The financial health and output of the trust are critical for unitholders considering their investments in oil and gas. For September, the underlying oil and gas sales reflect a notable transaction volume,
with 10,000 barrels of oil and 48,000 Mcf of gas reported for the current month. Comparatively, the previous month's distribution recorded slightly higher volumes at 11,000 barrels of oil and 50,000 Mcf of gas, with prices at $78.27 per barrel and $4.69 per Mcf respectively.

The average selling price in September was $76.19 per barrel for oil and $4.67 per Mcf for gas. Such fluctuations in average pricing are common and can be attributed to market variances in the raw materials’ sector, alongside broader economic factors.

A notable factor this month was the reported increase in excess costs by $277,000, as indicated by XTO Energy, which manages properties associated with the Texas Working Interest net profits interests. Even with this rise, it is essential to note that it did not affect net proceeds from subsequent conveyances. However, the cumulative excess costs underlying Texas remains high, accumulating to approximately $6,332,000, inclusive of around $1,762,000 in accrued interest.

For the Oklahoma Working Interest, XTO Energy communicated a recovery of excess costs amounting to $67,000. Despite this recovery, the properties associated with Oklahoma did not yield any proceeds in this month's distribution, leading to remaining cumulative excess costs at about $488,000, containing accrued interest of $37,000.

Investors and unitholders are encouraged to stay informed about these developments, as they can directly influence investment strategies and future distributions. Further details, including annual tax information and historical distribution amounts, are accessible through the official website of Cross Timbers Royalty Trust at www.crt-crosstimbers.com.

The trust maintains a commitment to keeping its unitholders informed and involved, enhancing transparency within its operations, and ensuring that all stakeholders are well-prepared for upcoming financial movements and decisions pertaining to their investments. As we move closer to the distribution date in October, continued market analysis and updates from the trustee will play a vital role in further dealings and trust management strategies going forward.

In summary, the recent cash distribution announcement serves as a significant reminder of the intricate dynamics within the energy market and the opportunities that lie therein for stakeholders engaged with the Cross Timbers Royalty Trust.