Cross Timbers Royalty Trust Marks October with Cash Distribution of $0.075205 Per Unit
Cross Timbers Royalty Trust Declares October Cash Distribution
On October 21, 2025, Cross Timbers Royalty Trust, managed by Argent Trust Company, made a significant announcement regarding its financial allocations for the month of October. The Trust declared a cash distribution of $0.075205 per unit, which is a crucial incentive for its unitholders who have shown continued support.
This cash distribution is scheduled to be paid out on November 17, 2025, to unitholders who are officially recorded by the cut-off date of October 31, 2025. This timely distribution is highly anticipated by investors who rely on periodic returns as part of their financial strategy.
Underlying Oil and Gas Sales Performance
To understand the context behind this declaration, it is essential to look at the underlying sales performance of oil and gas within the trust's portfolio. For October, the Trust reported sales volumes as follows: 12,000 barrels of oil and 80,000 thousand cubic feet of gas. The average prices reflected a positive trend, with oil priced at $67.13 per barrel and gas at $4.79 per thousand cubic feet. This upward movement compared favorably to the previous month, where 14,000 barrels of oil and 111,000 thousand cubic feet of gas were sold at lower prices of $63.13 and $3.17, respectively.
These fluctuations in sales volumes are referred to as a natural characteristic of the industry; they often reflect the timing of cash receipts that the Trust receives regarding net profits income, and thus, can vary significantly from month to month.
Excess Costs Implications
An important note in the financial landscape is the announcement regarding excess costs associated with gas and oil properties. They have increased by $72,000 on properties related to Texas Working Interests, while Oklahoma Working Interests saw a marginal increase of $6,000. Despite these rising costs, the overall net proceeds from the properties remained unaffected, signaling prudent management of resources within the Trust. Currently, the cumulative excess costs total $5,232,000 for Texas and $6,000 for Oklahoma, which may influence future distributions.
The financial intricacies show that while costs increase, the trust has strategically aligned its operations to ensure that distributions can still occur without major disruptions.
Upcoming Opportunities
As unitholders await the upcoming distributions, they are encouraged to stay informed regarding changes in operational performance, and the fluctuating market prices of oil and gas, which can significantly alter the landscape of potential returns. Investors are also invited to visit the Trust’s official website for in-depth information regarding tax guidelines related to these distributions and to review historical press releases which provide clarity over the Trust’s financial management practices.
Maintaining transparency is crucial as it reflects the Trust’s dedication to their unitholders and the financial health of their activities in a competitive market.
In summary, the announcement made by Cross Timbers Royalty Trust for the October cash distribution underscores its commitment toward providing regular returns to its investors, all while navigating a landscape marked by fluctuating sales volumes and rising operational costs.