CROSS TIMBERS ROYALTY TRUST
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About CRT
Cross Timbers Royalty Trust (the Trust) is an express trust. The net profits interests are the principal asset of the Trust. The Trust receives net profits income from the net profit interests generally on the last business day of each month. The net profits interest comprises approximately 90% net profits interests which are carved from producing royalty and overriding royalty interest properties in Texas, Oklahoma and New Mexico; 11.11% nonparticipating royalty interests in nonproducing properties located primarily in Texas and Oklahoma, and the 75% net profits interests which are carved from working interests in four properties in Texas and three properties in Oklahoma. All underlying royalties, underlying nonproducing royalties and underlying working interest properties are owned by XTO Energy or other affiliated companies of ExxonMobil. The underlying properties include over 2,900 producing properties with established production histories in Texas, Oklahoma and New Mexico.
$49.02M
-
8.54%
13.98K
$8.36
$8.16
$8.22
$13.31
$7.07
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This is not financial product advice nor a recommendation to invest in the securities listed. Past performance is not a reliable indicator of future performance. As always, do your own research and consider seeking financial, legal and taxation advice before investing. No representation is made as to the timeliness, reliability, accuracy or completeness of the market data provided.
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