Cross Timbers Royalty Trust (CRT) is an express trust, publicly traded company that operates out of Fort Worth, Texas, USA. The Trust holds interest in certain producing and non-producing royalty and overriding royalty interest properties in Texas, Oklahoma, and New Mexico. CRT's operations are directed by the Trustee, The Bank of New York Mellon Trust Company, N.A., and it is responsible for distributing the revenues generated from these properties to the unitholders. Thus, CRT doesn't have traditional business operations or any employees of its own.
The company was established in 1991 with Southwestern Energy Production Company (SWEPCO), a subsidiary of XTO Energy, as the principal asset contributor. Cross Timbers Royalty Trust’s portfolio is comprised of about 90% natural gas and 10% crude oil reserves.
CRT's royalty interests serve as the primary source of income, and the revenues generated are distributed to unitholders monthly. The income metric of these distributions is primarily dependent upon the quantities of oil and natural gas produced from the Royalty Properties and their respective selling prices. Hence, the revenue and profitability of CRT largely depend on the current market prices for oil and gas and the amount of production from their properties.
CRT does not engage in any drilling or exploration activities instead, it relies on the efforts of operators who work on the properties in which CRT holds an interest. CRT is shielded from operation costs because its royalties are "cost-free," meaning it does not bear any direct operating expenses or development costs.
Cross Timbers Royalty Trust operates in a volatile industry, and the nature of its operations exposes it to the highs and lows of the energy market. Despite this, CRT has maintained steady performance over the years and remains a leading player in the industry. The Trust's performance is touted to be profitable to its investors, primarily due to its monthly distributions and its ability to gain exposure to gas and oil price changes from a diversified portfolio. Its commitment to responsible and ethical operations makes it a go-to choice for many investors in the energy market.
Income statement
Balance sheet statement
Cash flow statement
Current assets / Current liabilities
Equity / Debt / Cash
Dividends
Cross Timbers Royalty Trust (NYSE:CRT) has declared a monthly dividend of $0.0643 per share, payable on October 15th to shareholders of record by September 30th, implying a 6.1% annualized yield. Shares of CRT fell 1.8% to $12.75, despite reporting strong quarterly EPS of $0.14, a 74.04% net margin, and 147.68% return on equity. Insider buying activity continued with a major shareholder acquiring 16,360 shares, contributing to a total of 144,251 shares bought by insiders worth about $1.41 million over the past 90 days.
Cross Timbers Royalty Trust (NYSE: CRT) has declared a cash distribution of $0.064277 per unit for September, payable on October 15, 2026, to unitholders of record on September 30, 2026. The distribution reflects underlying oil and gas sales volumes, with excess costs impacting the Texas and Oklahoma Working Interest net profits interests. Cumulative excess costs remain on both interests despite some recovery on the Oklahoma Working Interest.
Short interest in Cross Timbers Royalty Trust (NYSE:CRT) decreased by 37.6% in August, falling to 9,976 shares. The company's stock declined by 4.0% to $12.55, though it recently increased its monthly dividend to $0.0679, offering a 6.5% annualized yield. Insider buying also saw 144,251 shares purchased in the last 90 days.
Major shareholder Eric Oliver of Cross Timbers Royalty Trust (NYSE:CRT) recently purchased 7,134 shares, increasing his total holdings to 989,513 shares valued at over $11 million. The purchase was made at an average price of $11.29 per share. The company has also announced an increased monthly dividend of $0.0679 per share, equating to a 7.2% annualized yield despite a payout ratio of 152.83%.
Major shareholder Eric Oliver recently increased his stake in Cross Timbers Royalty Trust (NYSE:CRT) by purchasing 6,142 shares for approximately $67,193.48, bringing his total holdings to 982,379 shares valued at over $10.7 million. The company reported a quarterly EPS of $0.14 and recently raised its monthly dividend, offering an annualized yield of 7.2%. Despite its high payout ratio, CRT shares are trading near their 12-month high, and analysts maintain a consensus "Hold" rating.
Cross Timbers Royalty Trust (CRT) is exhibiting strong sentiment across all time horizons, indicating an overweight bias. The article details specific trading strategies for CRT, including a long position strategy, a momentum breakout strategy, and a risk hedging short strategy, each with defined entry zones, targets, and stop losses. These strategies are supported by AI-generated multi-timeframe signal analysis.
Major shareholder Eric Oliver of Cross Timbers Royalty Trust (NYSE:CRT) recently purchased 5,473 shares of the company's stock for over $59,000, increasing his total holdings to 976,237 shares valued at approximately $10.64 million. The trust's shares are trading near their 12-month high, and it recently increased its monthly dividend, yielding about 7.3%. Despite a recent downgrade from Weiss Ratings, analysts maintain a consensus "Hold" rating on the stock.