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Starra
2021-10-10

OK but how

Cross Timbers Royalty Trust Declares July Cash Distribution

DALLAS, July 20, 2021 /PRNewswire/ -- Simmons Bank, as Trustee of the Cross Timbers Royalty Trust (N

Cross Timbers Royalty Trust Declares July Cash Distribution

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The following table shows underlying oil and gas sales and average prices attributable to the current month and prior month distributions. \n\n\n\n\n\n\nUnderlying Sales \n\n\n\n\n\n\n\nVolumes (a)  \n\nAverage Price \n\n\n\n\nOil (Bbls) \n\nGas (Mcf) \n\nOil (per Bbl) \n\nGas (per Mcf) \n\n\n\n\n\n\n\n\n\n\n\n\nCurrent Month Distribution \n\n18,000 \n\n108,000 \n\n$57.35 \n\n$4.55 \n\n\n\n\n\n\n\n\n\n\n\n\n\nPrior Month Distribution \n\n13,000 \n\n47,000 \n\n$78.77 \n\n$7.15 \n\n\n\n\n\n\n\n\n\n\n\n\n\n(a)  Sales volumes are recorded in the month the Trust receives the related net profits income.  Because of this, sales volumes may fluctuate from month to month based on the timing of cash receipts. \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nExcess Costs\nXTO Energy has advised the Trustee that $53,000 of excess costs were recovered on properties underlying the Texas Working Interest net profits interests. However, after the partial recovery, there were no remaining proceeds from the properties underlying the Texas Working Interest net profits interests to be included in this month's distribution. Underlying cumulative excess costs remaining on the Texas Working Interest net profits interests after the current month's distribution total $2.8 million, including accrued interest of $481,000.\nFor more information on the Trust, please visit our web site at www.crt-crosstimbers.com.\n View original content:https://www.prnewswire.com/news-releases/cross-timbers-royalty-trust-declares-july-cash-distribution-301337289.html\nSOURCE Cross Timbers Royalty Trust","news_type":1},"isVote":1,"tweetType":1,"viewCount":540,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"CN","currentLanguage":"CN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"upFlag":false,"length":8,"xxTargetLangEnum":"ZH_CN"},"commentList":[],"hasMoreComment":false,"orderType":2}