CROSS TIMBERS ROYALTY TRUST DECLARES DECEMBER CASH DISTRIBUTION
Underlying Sales | ||||||||||
Volumes (a) | Average Price | |||||||||
Oil (Bbls) | Gas (Mcf) | Oil (per Bbl) | Gas (per Mcf) | |||||||
Current Month Distribution | 10,000 | 245,000 | ||||||||
Prior Month Distribution | 14,000 | 50,000 | ||||||||
(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. | ||||||||||
Current Month Distribution
XTO Energy has advised the Trustee that gas volumes increased from prior month primarily due to out of period revenues attributable to the Hewitt Unit in the Oklahoma Working Interest net profits interests and non-operated properties in the New Mexico Royalty Interest net profits interests. This contributed to a higher cash distribution in the current month.
Excess Costs
XTO Energy has advised the Trustee that excess costs increased by
For more information on the Trust, including the annual tax information, distribution amounts, and historical press releases, please visit our website at www.crt-crosstimbers.com.
View original content:https://www.prnewswire.com/news-releases/cross-timbers-royalty-trust-declares-december-cash-distribution-302647003.html
SOURCE Cross Timbers Royalty Trust
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