Distribution Announcement - Argent Trust Company declared a cash distribution of $0.032110 per unit for the Cross Timbers Royalty Trust, payable on May 14, 2025, to unitholders of record on April 30, 2025 [1] Underlying Sales Data - Current month sales volumes included 12,000 barrels of oil and 78,000 Mcf of gas, with average prices of $69.99 per barrel and $5.86 per Mcf - Prior month sales volumes were 19,000 barrels of oil and 97,000 Mcf of gas, with average prices of $73.40 per barrel and $5.05 per Mcf [2] Excess Costs - XTO Energy reported an increase in excess costs by $136,000 related to properties underlying the Texas Working Interest net profits interests, with cumulative excess costs totaling $4,567,000, including accrued interest of $1,223,000 [3] Cash Reserves - The Trustee withheld $50,000 from this month's distribution to bolster the cash reserve account, with plans to continue this withholding until the reserve reaches $1,500,000 [4]
CROSS TIMBERS ROYALTY TRUST DECLARES APRIL CASH DISTRIBUTION