CROSS TIMBERS ROYALTY TRUST (CRT) Latest Filing Signal

Based on earningsVibe SuperAnalyst™ synthesis of the latest 10-K, CROSS TIMBERS ROYALTY TRUST's filing signal continuing negative.

Cross Timbers Royalty Trust is an express trust that holds net profits interests in oil and gas properties, primarily located in Texas, Oklahoma, and New Mexico. The Trust receives net profits income, calculated as gross proceeds from production less specified production costs, generally on a monthly basis. Its primary assets consist of 90% and 75% net profits interests derived from conveyances made by predecessors of XTO Energy, now a subsidiary of ExxonMobil. The Trust's income is directly tied to the production volumes and market prices of oil and natural gas from these underlying properties, with approximately 51% of its 2025 net profits income attributable to natural gas. The Trustee's role is to collect income, pay Trust expenses, and distribute monthly amounts to unitholders, with the Trust having no employees and engaging in no business activities beyond holding these interests.

Revenue is driven by the net profits interests in oil and natural gas production from underlying properties, which are directly influenced by commodity prices and production volumes. Net profits are calculated as gross proceeds from sales minus production and other specified costs.