Cross Timbers Royalty Trust Announces April Cash Distribution for Investors

Cross Timbers Royalty Trust Declares April Cash Distribution



The Cross Timbers Royalty Trust, administered by Argent Trust Company, has recently announced its cash distribution to unit holders for April 2026. The declared cash amount is $0.069720 for each unit of beneficial interest. This distribution is set to be payable on May 14, 2026, to all unitholders who hold record by April 30, 2026.

In detailing this distribution announcement, the Trust provided information on its underlying oil and gas sales, along with the average prices for that month. Below is the summary of sales volumes and average prices:

Type Current Month Volume Previous Month Volume Average Price (Current) Average Price (Previous)
------------------------
Oil (Bbls) 17,000 10,000 $58.93 $56.83
Gas (Mcf) 121,000 39,000 $4.83 $4.30

The total sales volumes are recognized in the month when the Trust actually receives cash income, which can lead to fluctuations from one month to the next based on cash receipt timing.

Significantly, the Trust has notified its unitholders of the increase in excess costs associated with both the Texas and Oklahoma Working Interest net profits interests. Specifically, XTO Energy has reported an increase in costs by $69,000 for Texas properties, bringing the cumulative total excess costs to $5,863,000, including interest.

For the Oklahoma Working Interest properties, excess costs surged by $116,000, with total cumulative excess costs now at $1,019,000, which includes accrued interest. Importantly, these excess costs have not diminished the net proceeds from the remaining conveyances of the royalty interests.

Investors seeking more detailed information about the Trust’s operations, including historical performance, tax implications, and prior distribution amounts, are encouraged to visit the official website at www.crt-crosstimbers.com.

This cash distribution reflects the Trust’s commitment to maintaining transparent communication with its investors while also adapting to market conditions and operational changes. The fluctuations in oil and gas markets influence the underlying sales and, thereby, the distributions to unit holders.

Understanding such distributions is essential for investors looking to assess their returns and make informed decisions based on performance metrics.

In conclusion, the April 2026 cash distribution from Cross Timbers Royalty Trust underscores an ongoing dedication to shareholder value amidst a dynamic energy market, providing investors with a regular income stream based on the performance of the underlying assets.

Topics Financial Services & Investing)

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