Cross Timbers Royalty Trust
Search documents
Cross Timbers Royalty Trust Has Become Reasonably Valued (Rating Upgrade)
Seeking Alpha· 2025-04-30 00:18
Core Insights - Cross Timbers Royalty Trust (NYSE: CRT) was predicted to potentially double in value within two years due to its low valuation and an anticipated recovery in oil prices [1] Group 1 - The author has a background in chemical engineering and holds a master's degree in Food Technology and Economics, indicating a strong analytical foundation for investment decisions [1] - The author emphasizes the importance of fundamental and technical analysis in investment strategies, particularly utilizing options for both investing and trading [1] - The author achieved financial independence at the age of 45, showcasing a successful application of investment principles [1] Group 2 - The author has published multiple books on investing and mathematics, reflecting a commitment to educating others on financial literacy and investment strategies [1] - The reference to Warren Buffett's principle highlights the author's focus on analyzing financial statements as a key component of investment decision-making [1]
CROSS TIMBERS ROYALTY TRUST DECLARES APRIL CASH DISTRIBUTION
Prnewswire· 2025-04-17 12:00
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]