Distribution Announcement - Argent Trust Company declared a cash distribution of $0.095045 per unit for the Cross Timbers Royalty Trust, payable on February 14, 2025, to unitholders of record on January 31, 2025 [1] Underlying Sales Data - Current month sales volumes included 13,000 barrels of oil and 114,000 Mcf of gas, with average prices of $68.38 per barrel for oil and $3.78 per Mcf for gas [2] - Prior month sales volumes were the same for oil at 13,000 barrels but lower for gas at 68,000 Mcf, with average prices of $69.15 per barrel for oil and $3.26 per Mcf for gas [2] Excess Costs Information - XTO Energy reported recovery of $24,000 in excess costs related to properties underlying the Texas Working Interest net profits interests, but no remaining proceeds were available for this month's distribution [3] - Cumulative excess costs on the Texas Working Interest net profits interests total $4,260,000, which includes accrued interest of $1,143,000 [3]
CROSS TIMBERS ROYALTY TRUST DECLARES JANUARY CASH DISTRIBUTION