Cross Timbers Royalty Trust Announces Q4 2024 Distribution
Ticker: CRT · Form: 8-K · Filed: Mar 21, 2025 · CIK: 881787
| Field | Detail |
|---|---|
| Company | Cross Timbers Royalty Trust (CRT) |
| Form Type | 8-K |
| Filed Date | Mar 21, 2025 |
| Risk Level | low |
| Sentiment | neutral |
Sentiment: neutral
Topics: distribution, royalty-trust, oil-and-gas
TL;DR
CRT paying $0.20/unit distribution April 15th for Q4 earnings.
AI Summary
Cross Timbers Royalty Trust announced a quarterly cash distribution of $0.20 per unit on March 21, 2025. This distribution is for the fourth quarter of 2024 and is payable on April 15, 2025, to unitholders of record as of April 1, 2025. The trust's operations are primarily related to oil and gas royalty interests.
Why It Matters
This distribution provides income to unitholders and reflects the trust's performance in oil and gas royalty revenue for the last quarter of 2024.
Risk Assessment
Risk Level: low — The filing is a routine distribution announcement with no significant new financial or operational risks disclosed.
Key Numbers
- $0.20 — Distribution per Unit (Represents the cash distribution for Q4 2024 to unitholders.)
Key Players & Entities
- Cross Timbers Royalty Trust (company) — Registrant
- Argent Trust Company (company) — Trustee
- $0.20 (dollar_amount) — Quarterly cash distribution per unit
- March 21, 2025 (date) — Date of report and announcement
- April 15, 2025 (date) — Payment date for distribution
- April 1, 2025 (date) — Record date for distribution
FAQ
What is the amount of the quarterly cash distribution announced by Cross Timbers Royalty Trust?
The trust announced a quarterly cash distribution of $0.20 per unit.
For which period is this distribution being made?
This distribution is for the fourth quarter of 2024.
When will the distribution be paid to unitholders?
The distribution will be paid on April 15, 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 determining unitholders entitled to the distribution?
The record date is April 1, 2025.
Filing Details
This Form 8-K (Form 8-K) was filed with the SEC on March 21, 2025 regarding CROSS TIMBERS ROYALTY TRUST (CRT).