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CROSS TIMBERS ROYALTY TRUST DECLARES MARCH CASH DISTRIBUTION

PRNewswire 21-Mar-2025 8:02 AM

DALLAS, March 21, 2025 /PRNewswire/ -- Argent Trust Company, as Trustee of the Cross Timbers Royalty Trust (the "Trust") (NYSE: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 (Bbls)		Gas (Mcf)	Oil (per Bbl)		Gas (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.

View original content:https://www.prnewswire.com/news-releases/cross-timbers-royalty-trust-declares-march-cash-distribution-302405307.html

SOURCE Cross Timbers Royalty Trust