Monitor monthly distribution trends for signs of production decline or excess cost erosion. The shift from oil-dominated to gas-dominated volumes and rising excess costs in Texas may pressure future distributions. No material change from prior month's distribution pattern.
Price Chart
Executive Summary
Cross Timbers Royalty Trust declared its July 2026 monthly cash distribution of $0.061397 per unit, payable August 14, 2026 to holders of record July 31, 2026. The distribution reflects oil sales of 6,000 Bbls at $109.21/Bbl and gas sales of 75,000 Mcf at $4.84/Mcf. Excess costs on Texas working interests remain high at $5.987M, while Oklahoma properties saw a partial recovery of $54K.
Key Facts
- Distribution of $0.061397/unit declared, payable Aug 14, records Jul 31, 2026.
- Current month volumes: 6,000 Bbls oil (down from 9,000 prior month) and 75,000 Mcf gas (up from 27,000).
- Average oil price $109.21/Bbl (up from $88.05); gas price $4.84/Mcf (up from $4.30).
- Texas working interest excess costs increased by $2,000; cumulative $5.987M including interest.
- Oklahoma working interest excess costs partially recovered $54K; cumulative $794K including interest.
Financial Impact
Monthly distribution of $0.061397/unit — no quarterly or annual totals disclosed.
Risk Factors
- Prolonged excess costs on Texas working interest (cumulative $5.987M) could further reduce net proceeds.
- Oil volume decline from 9k to 6k Bbls month-over-month may indicate production decline on trust properties.
- Trust is a passive pass-through — no management discretion to mitigate cost overruns.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001193125-26-309830 |
| Document: crt-ex99_1.htm | 0001193125-26-309830 |
| Document: 0001193125-26-309830-index-headers.html | 0001193125-26-309830 |
| Document: 0001193125-26-309830-index.html | 0001193125-26-309830 |
| Document: 0001193125-26-309830.txt | 0001193125-26-309830 |
| 8-K Data (Synthetic) | 0001193125-26-309830 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 20, 2026 7d ago | 8-K | $13.60 | awaiting T+20 | — | $14.19 (+4.34%) |
Sep 18, 2026 5w ago | 8-K | $12.68 $12.80 | ▼ −0.93% | ▼ −0.73% | $14.19 (−11.89%) |
Aug 21, 2026 9w ago | 8-K | $10.81 $12.32 | ▲ +13.97% | ▲ +14.49% | $14.19 (+31.27%) |
Jul 21, 2026 13w ago | 8-K | $9.69 $10.58 | ▲ +9.18% | ▲ +6.62% | $14.19 (+46.44%) |
Jun 18, 2026 18w ago | 8-K | $8.93 $9.18 | ▲ +2.80% | ▲ +2.27% | $14.19 (+58.90%) |
May 18, 2026 23w ago | 8-K | $10.60 $9.76 | ▲ +7.92% | ▲ +9.51% | $14.19 (−33.87%) |
Apr 20, 2026 27w ago | 8-K | $10.49 $10.60 | ▲ +1.03% | ▼ −3.17% | $14.19 (+35.25%) |
US Market Status
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