#United States #Dallas #Cross Timbers #Royalty Trust #Argent Trust

Cross Timbers Royalty Trust Declares Cash Distribution for July

On July 21, 2025, the Cross Timbers Royalty Trust, managed by Argent Trust Company, announced a cash distribution amounting to $0.030376 per unit of beneficial interest. This distribution is set to be paid out on August 14, 2025, to all unitholders recorded by July 31, 2025.

Distribution Details

The trust has witnessed fluctuations in sales volumes due to the timing of cash receipts. For the current month, sales were recorded at 9,000 barrels of oil and 47,000 thousand cubic feet (Mcf) of gas. The average prices for the month were $60.88 per barrel for oil and $4.84 per Mcf for gas. In comparison, the prior month saw higher volumes with 11,000 barrels of oil and 66,000 Mcf, priced at $62.83 per barrel of oil and $4.89 per Mcf.

This variance is indicative of the market's dynamics, where cash flows can sometimes see delays or variations based on operational and external factors.

Excess Costs Overview

XTO Energy, the operator of the trust's properties, reported an increase in excess costs amounting to $9,000 associated with the Texas Working Interest net profits interests. Even though this rise was noted, it did not affect the net proceeds from the other properties of the trust.

In terms of cumulative excess costs regarding the Texas Working Interest, the total stands at $4,824,000 including accrued interest of $1,311,000.

On the other hand, for the Oklahoma Working Interest, a recovery of $39,000 has been documented, though there were no remaining proceeds to be included in this month’s declaration. The cumulative excess costs for this region total $33,000, factoring in accrued interest of $443.

Summary

Through this announcement, the Cross Timbers Royalty Trust aims to keep its unitholders informed about the ongoing financial performance and distribution mechanisms. Stakeholders are encouraged to review monthly distributions and adjust their financial strategies accordingly. Additional information including the trust's annual tax documentation, detailed historical press releases, and distribution figures can be found on Cross Timbers Royalty Trust's website.

In the evolving landscape of energy and royalty trusts, transparency remains paramount. The Cross Timbers Royalty Trust’s consistent communication is essential for unitholders looking to navigate their investments proactively amidst fluctuating market conditions.

Future Prospects

As the oil and gas industry continues to face challenges and opportunities, monitoring profit interests will be critical for investors. With awareness of resource management costs and market pricing, unitholders can maintain a strategic outlook. The next scheduled distributions and subsequent updates will be crucial for planning and financial forecasting in the upcoming months.