Cross Timbers Royalty Trust Price & Performance (CRT)

Cross Timbers Royalty Trust declared an April cash distribution of $0.032110 per unit, payable May 14. Oil sales fell to 12,000 barrels and gas to 78,000 Mcf, both down sharply from the prior month. Increased excess costs and continued monthly cash reserve withholding signal ongoing operational headwinds.12

Recent financial results show Cross Timbers Royalty Trust’s distributable cash flow per unit declined 51% year-over-year, as oil and gas production volumes fell 15% and 32% respectively, and realized gas prices dropped 34%. These declines reflect broader commodity price volatility and ongoing property production declines.34

Cross Timbers Royalty Trust's stock recently dipped below its 200-day moving average, trading as low as $10.20. Despite this, institutional investors have made new entries, with nearly 10% of shares now institutionally held. The trust’s recent quarterly earnings and dividend changes are closely watched by market participants.56