CROSS TIMBERS ROYALTY TRUST Files 8-K on Operations & Financials
Ticker: CRT · Form: 8-K · Filed: Jan 19, 2024 · CIK: 881787
| Field | Detail |
|---|---|
| Company | Cross Timbers Royalty Trust (CRT) |
| Form Type | 8-K |
| Filed Date | Jan 19, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: financial-condition, operations, 8-K, trust
TL;DR
**CRT filed a routine 8-K on its financials, nothing major, just standard disclosure.**
AI Summary
CROSS TIMBERS ROYALTY TRUST filed an 8-K on January 19, 2024, to report on its results of operations and financial condition. This filing indicates routine disclosure of financial performance, with Argent Trust Company serving as the Trustee. For investors, this matters because it provides transparency into the trust's ongoing financial health, which directly impacts potential distributions and the stock's valuation.
Why It Matters
This filing provides current financial information, which is crucial for investors to assess the trust's performance and make informed decisions about holding or buying its Units of Beneficial Interest (CRT).
Risk Assessment
Risk Level: low — This 8-K is a routine disclosure of financial condition and operations, indicating no immediate new risks or significant changes.
Analyst Insight
A smart investor would view this as a routine update, confirming ongoing transparency. No immediate action is suggested by this specific filing, but it prompts a deeper dive into the actual financial results once they are detailed.
Key Players & Entities
- CROSS TIMBERS ROYALTY TRUST (company) — the registrant filing the 8-K
- Argent Trust Company (company) — the Trustee for CROSS TIMBERS ROYALTY TRUST
- January 19, 2024 (date) — date of earliest event reported and filing date
- New York Stock Exchange (company) — exchange where Units of Beneficial Interest are registered
FAQ
What is the purpose of this 8-K filing by CROSS TIMBERS ROYALTY TRUST?
The purpose of this 8-K filing is to report on the 'Results of Operations and Financial Condition' and 'Financial Statements and Exhibits' as per the Item Information section of the filing, with the earliest event reported on January 19, 2024.
Who is the current Trustee for CROSS TIMBERS ROYALTY TRUST, and what is their address?
The current Trustee for CROSS TIMBERS ROYALTY TRUST is Argent Trust Company, located at 3838 Oak Lawn Ave, Suite 1720, Dallas, Texas 75219-4518.
On which stock exchange are the Units of Beneficial Interest for CROSS TIMBERS ROYALTY TRUST traded?
The Units of Beneficial Interest for CROSS TIMBERS ROYALTY TRUST (trading symbol CRT) are registered on the New York Stock Exchange, as stated under 'Securities registered pursuant to Section 12(b) of the Act'.
What is the Commission File Number for CROSS TIMBERS ROYALTY TRUST?
The Commission File Number for CROSS TIMBERS ROYALTY TRUST is 1-10982, as indicated in the filing.
Is CROSS TIMBERS ROYALTY TRUST considered an emerging growth company?
No, CROSS TIMBERS ROYALTY TRUST has indicated with an unchecked box that it is not an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.
Filing Stats: 479 words · 2 min read · ~2 pages · Grade level 11.8 · Accepted 2024-01-19 11:28:26
Filing Documents
- d714132d8k.htm (8-K) — 18KB
- d714132dex991.htm (EX-99.1) — 9KB
- 0001193125-24-011066.txt ( ) — 28KB
02. Results of Operations and Financial Condition
Item 2.02. Results of Operations and Financial Condition. On January 19, 2024, the Registrant issued a news release announcing its monthly cash distribution to unitholders of record on January 31, 2024. A copy of the news release is furnished as Exhibit 99.1. The information in this Current Report, including the news release attached hereto, is being furnished pursuant to Item 2.02 of Form 8-K and shall not be deemed filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to liabilities of that Section.
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits. Exhibit 99.1 News Release dated January 19, 2024 2
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. CROSS TIMBERS ROYALTY TRUST By: ARGENT TRUST COMPANY, TRUSTEE Date: January 19, 2024 By: /s/ NANCY WILLIS Nancy Willis Vice President EXXON MOBIL CORPORATION By: /s/ WENDI POWELL Wendi Powell Upstream Controller 3