Cross Timbers Royalty Trust Announces Q4 2024 Distribution
Ticker: CRT · Form: 8-K · Filed: Dec 20, 2024 · CIK: 881787
| Field | Detail |
|---|---|
| Company | Cross Timbers Royalty Trust (CRT) |
| Form Type | 8-K |
| Filed Date | Dec 20, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: distribution, royalty-trust, oil-and-gas
TL;DR
CRT dropping $0.147639/unit on Jan 29. Get paid.
AI Summary
Cross Timbers Royalty Trust announced its fourth quarter 2024 distribution on December 20, 2024. The trust will distribute $0.147639 per unit on January 29, 2025, to unitholders of record as of December 31, 2024. This distribution is derived from the net profits attributable to the Trust's overriding royalty interest in certain oil and gas properties.
Why It Matters
This filing provides unitholders with the specific distribution amount for the fourth quarter, impacting their expected income from the trust.
Risk Assessment
Risk Level: low — This is a routine distribution announcement, not indicating significant operational or financial changes.
Key Numbers
- $0.147639 — Per Unit Distribution (Fourth quarter 2024 distribution amount)
Key Players & Entities
- Cross Timbers Royalty Trust (company) — Registrant
- Argent Trust Company (company) — Trustee
- $0.147639 (dollar_amount) — Per unit distribution
- December 20, 2024 (date) — Date of Report
- January 29, 2025 (date) — Distribution Payment Date
- December 31, 2024 (date) — Record Date
FAQ
What is the specific amount of the distribution per unit for the fourth quarter of 2024?
The distribution per unit for the fourth quarter of 2024 is $0.147639.
When will the distribution be paid to unitholders?
The distribution will be paid on January 29, 2025.
Who is the trustee for Cross Timbers Royalty Trust?
Argent Trust Company is the trustee for Cross Timbers Royalty Trust.
What is the record date for this distribution?
The record date for this distribution is December 31, 2024.
What is the primary business of Cross Timbers Royalty Trust?
The trust's business involves net profits attributable to its overriding royalty interest in certain oil and gas properties.
Filing Stats: 477 words · 2 min read · ~2 pages · Grade level 12.6 · Accepted 2024-12-20 15:10:29
Filing Documents
- crt_8-k_2412_distributio.htm (8-K) — 44KB
- crt-ex99_1.htm (EX-99.1) — 31KB
- 0000950170-24-139016.txt ( ) — 77KB
02 Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition. On December 20, 2024, the Registrant issued a news release announcing its monthly cash distribution to unitholders of record on December 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 December 20, 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: December 20, 2024 By: /s/ NANCY WILLIS Nancy Willis Director of Royalty Trust Services EXXON MOBIL CORPORATION By: /s/ KRISTY WALKER Kristy Walker Unconventional Finance General Manager 3