CROSS TIMBERS ROYALTY TRUST DECLARES JULY CASH DISTRIBUTION

Core Viewpoint - Argent Trust Company, as Trustee of the Cross Timbers Royalty Trust, announced a cash distribution of $0.096137 per unit, payable on August 14, 2024, to unitholders of record on July 31, 2024 [1] Distribution Details - The current month distribution includes underlying sales volumes of 12,000 barrels of oil and 186,000 Mcf of gas, with average prices of$78.39 per barrel and $4.03 per Mcf [5] - The prior month distribution had the same oil sales volume of 12,000 barrels but lower gas sales volume of 10,000 Mcf, with average prices of$84.42 per barrel and $8.14 per Mcf [5] - A volume correction for the prior month indicates that underlying gas sales volumes would have been 22,000 Mcf, with an average gas price of$3.57 per Mcf, but this did not affect cash distributions [5] Excess Costs - XTO Energy reported an increase in excess costs of $142,000 on properties underlying the Texas Working Interest net profits interests, with cumulative excess costs totaling$3,696,000, including accrued interest of $981,000 [3] - For the Oklahoma Working Interest net profits interests, excess costs of$204,000, including accrued interest of $11,000, were fully recovered [8]