The distribution reflects a month of varied production data, with oil sales reaching 11,000 barrels at an average price of $78.27, and gas sales totaling 50,000 Mcf at $4.69 per Mcf. These figures represent a shift from the prior month, where sales volumes stood at 6,000 barrels of oil and 75,000 Mcf of gas, though pricing fluctuations remain a standard component of the trust's monthly cash receipt cycle.
Cross Timbers Royalty Trust Sets September Payout at $0.067892 Per Unit
Unitholders of Cross Timbers Royalty Trust are set to receive a cash distribution of $0.067892 per unit on September 15, 2026. The payment follows an assessment of underlying oil and gas sales recorded by the Dallas-based trust, with eligibility determined for those on the record as of August 31.
Financial oversight from XTO Energy indicates mixed results regarding cost recovery. While Texas Working Interest properties saw a marginal increase in excess costs of $43, leaving a cumulative balance of $6,021,000, Oklahoma assets showed signs of improvement. Operators recovered $246,000 in excess costs from Oklahoma properties, though this activity did not yield sufficient proceeds to contribute to the current distribution. The remaining cumulative excess costs for Oklahoma currently sit at $552,000, including accrued interest.
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