On October 20, 2026, Cross Timbers Royalty Trust (NYSE: CRT) announced a monthly cash distribution to its unitholders. The distribution is set at $0.277908 per unit of beneficial interest.
The payment is scheduled for November 16, 2026. Unitholders must be on record as of October 30, 2026, to receive the distribution.
The announcement details the underlying sales volumes and average prices for the current month compared to the prior month. For the current month, underlying sales volumes included 33,000 barrels of oil and 89,000 thousand cubic feet of gas. The average price realized was $83.56 per barrel of oil and $4.86 per thousand cubic feet of gas.
For the prior month, underlying sales volumes were 10,000 barrels of oil and 48,000 thousand cubic feet of gas, with average prices of $76.19 per barrel of oil and $4.67 per thousand cubic feet of gas.
The Trustee, Argent Trust Company, reported that sales volumes for May 2026 through July 2026 were received in the current month from Scout Energy Management LLC, the new operator of the Hewitt Unit.
Regarding costs, XTO Energy advised the Trustee that excess costs increased by $149,000 on properties underlying the Texas Working Interest net profits interests. The cumulative excess costs remaining on these Texas properties total $6,517,000, including accrued interest of $1,797,000. However, these costs did not reduce net proceeds from the remaining conveyances.
Conversely, XTO Energy advised that excess costs of $491,000, including interest of $40,000, were fully recovered on properties underlying the Oklahoma Working Interest net profits interests.
