CROSS TIMBERS ROYALTY TRUST DECLARES MARCH CASH DISTRIBUTION

PR Newswire

DALLAS, March 21, 2025

DALLAS, March 21, 2025 /PRNewswire/ -- Argent Trust Company, as Trustee of the Cross Timbers Royalty Trust (the "Trust") $(CRT)$, today declared a cash distribution to the holders of its units of beneficial interest of $0.156725 per unit, payable on April 14, 2025, to unitholders of record on March 31, 2025. The following table shows underlying oil and gas sales and average prices attributable to the current month and prior month distributions.

 
                        Underlying Sales 
                           Volumes (a)          Average Price 
                       -------------------  ---------------------- 
                          Oil       Gas        Oil         Gas 
                         (Bbls)     (Mcf)    (per Bbl)   (per Mcf) 
                       ---------  --------  ----------  ---------- 
 
  Current Month 
   Distribution         19,000     97,000     $73.40      $5.05 
 
  Prior Month 
   Distribution         12,000     90,000     $68.15      $3.51 
 
(a)   Sales volumes are recorded in the month the Trust receives 
       the related net profits income. Because of this, sales 
       volumes may fluctuate from month to month based on the 
       timing of cash receipts. 
 
 

Excess Costs

XTO Energy has advised the Trustee that excess costs increased by $82,000 on properties underlying the Texas Working Interest net profits interests. However, these excess costs did not reduce net proceeds from the remaining conveyances. Underlying cumulative excess costs remaining on the Texas Working Interest net profits interests total $4,403,000, including accrued interest of $1,195,000.

For more information on the Trust, including the annual tax information, distribution amounts, and historical press releases, please visit our website at www.crt-crosstimbers.com.

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SOURCE Cross Timbers Royalty Trust

/CONTACT: Nancy WillisDirector of Royalty Trust Services, Argent Trust Company, Trustee, 855-588-7839

(END) Dow Jones Newswires

March 21, 2025 08:00 ET (12:00 GMT)