Cross Timbers Royalty Trust (NYSE: CRT) announced a February cash distribution of $0.050060 per unit, with payments scheduled for March 13, 2026. The distribution was calculated based on underlying commodity sales during the period, including 9,000 barrels of oil priced at $55.35 per barrel and 73,000 thousand cubic feet (Mcf) of natural gas valued at $4.36 per Mcf.
The trust reported increased excess costs across its property portfolio, with Oklahoma operations recording an additional $262,000 in excess costs and Texas properties incurring $80,000 in additional expenses. Despite these cost increases, the company stated that net proceeds from remaining conveyances were not negatively impacted by these adjustments.
The distribution reflects the trust's underlying energy production and commodity price realizations during the relevant accounting period. Cross Timbers Royalty Trust, a diversified energy royalty company, continues to distribute cash generated from its oil and natural gas interests across multiple producing regions.