On March 20, 2026, Cross Timbers Royalty Trust (NYSE: CRT) announced a cash distribution of $0.000923 per unit to its unitholders of record on March 31, 2026. This distribution is payable on April 14, 2026. The announcement was made by Argent Trust Company, the trustee of the Trust, and reflects the Trust's ongoing commitment to provide returns to its investors. The release included details on the underlying oil and gas sales and average prices for the current and prior month distributions. The Trust reported a total of 10,000 barrels of oil sold and 39,000 Mcf of gas sold for the current month, with average prices of $56.83 per barrel for oil and $4.30 per Mcf for gas. The prior month distribution was slightly lower, with 9,000 barrels of oil and 73,000 Mcf of gas sold at average prices of $55.35 per barrel and $4.36 per Mcf, respectively. The Trust also noted an increase in excess costs related to properties underlying the Texas Working Interest net profits interests, totaling $95,000, but these costs did not affect the net proceeds from the remaining conveyances. The cumulative excess costs on the Texas Working Interest net profits interests now total $5,762,000, including accrued interest. For the Oklahoma Working Interest net profits interests, $39,000 of excess costs were recovered, but no remaining proceeds were available for this month's distribution. The cumulative excess costs for Oklahoma now stand at $897,000, including accrued interest. Investors can find more information about the Trust, including historical press releases and annual tax information, on their official website.
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