CRT 8-K
Cross Timbers Royalty Trust (CRT)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): July 21, 2026 |
CROSS TIMBERS ROYALTY TRUST
(Exact name of registrant as specified in its charter)
Texas |
001-10982 |
75-6415930 |
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(State or other jurisdiction |
(Commission File Number) |
(IRS Employer |
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Argent Trust Company Trustee 3838 Oak Lawn Ave, Suite 1720 |
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Dallas, Texas |
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75219-4518 |
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(Address of principal executive offices) |
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(Zip Code) |
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Registrant’s telephone number, including area code: (855) 588-7839 |
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(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Securities registered pursuant to Section 12(b) of the Act:
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Trading Symbol(s) |
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Units of Beneficial Interest |
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CRT |
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New York Stock Exchange |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 2.02 Results of Operations and Financial Condition.
On July 21, 2026, the Registrant issued a news release announcing its monthly cash distribution to unitholders of record on July 31, 2026. A copy of the news release is furnished as Exhibit 99.1.
The information in this Current Report, including the news release attached hereto, is being furnished pursuant to Item 2.02 of Form 8-K and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to liabilities of that Section.
Item 9.01 Financial Statements and Exhibits.
(d) |
Exhibits.
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Exhibit 99.1 |
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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CROSS TIMBERS ROYALTY TRUST |
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By: |
ARGENT TRUST COMPANY, TRUSTEE |
Date: |
July 21, 2026 |
By: |
/s/ NANCY WILLIS |
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Nancy Willis |
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Director of Royalty Trust Services |
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EXXON MOBIL CORPORATION |
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By: |
/s/ DANIEL BATES |
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Daniel Bates |
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Unconventional Finance General Manager |
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EXHIBIT 99.1
[NEWS RELEASE LETTERHEAD OF CROSS TIMBERS ROYALTY TRUST APPEARS HERE]
CROSS TIMBERS ROYALTY TRUST
DECLARES JULY CASH DISTRIBUTION
Dallas, Texas, July 21, 2026 – Argent Trust Company, as Trustee of the Cross Timbers Royalty Trust (the “Trust”) (NYSE: CRT), today declared a cash distribution to the holders of its units of beneficial interest of $0.061397 per unit, payable on August 14, 2026, to unitholders of record on July 31, 2026. The following table shows underlying oil and gas sales and average prices attributable to the current month and prior month distributions.
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Underlying Sales |
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Volumes (a) |
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Average Price |
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Oil (Bbls) |
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Gas (Mcf) |
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Oil (per Bbl) |
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Gas (per Mcf) |
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Current Month Distribution |
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6,000 |
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75,000 |
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$109.21 |
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$4.84 |
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Prior Month Distribution |
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9,000 |
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27,000 |
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$88.05 |
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$4.30 |
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(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. |
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Excess Costs
XTO Energy has advised the Trustee that excess costs increased by $2,000 on properties underlying the Texas Working Interest net profits interests. However, these excess costs did not reduce net proceeds from the remaining conveyances. Underlying cumulative excess costs remaining on the Texas Working Interest net profits interests total $5,987,000, including accrued interest of $1,693,000.
XTO Energy has advised the Trustee that $54,000 of excess costs were recovered on properties underlying the Oklahoma Working Interest net profits interests. However, after the partial recovery, there were no remaining proceeds from the properties underlying the Oklahoma Working Interest net profits interests to be included in this month’s distribution. Underlying cumulative excess costs remaining on the Oklahoma Working Interest net profits interests total $794,000, including accrued interest of $30,000.
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.
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Contact: |
Nancy Willis Director of Royalty Trust Services Argent Trust Company, Trustee 855-588-7839 |