Cross Timbers Royalty Trust Q4 2024 Earnings Results & Report

Cross Timbers Royalty Trust EPS Results

• Actual EPS: $0.22
• Consensus EPS: N/A
• Beat/Miss: N/A
• One Year Ago EPS: N/A

Cross Timbers Royalty Trust Revenue Results

• Actual Revenue: $1.48 million
• Expected Revenue: N/A
• Beat/Miss: N/A
• YoY Revenue Growth: N/A

Cross Timbers Royalty Trust (NYSE:CRT) (NYSE:CRT) is a grantor trust that owns royalty and net profits interests in certain oil and natural gas properties. The trust does not operate wells or provide exploration, drilling, or production services directly. Instead, it receives distributions based on production and sales from the underlying properties, after applicable production expenses and other deductions.

The trust’s interests are associated primarily with oil and natural gas properties in Texas and Oklahoma. Its assets originated from properties previously held by Cross Timbers Oil Company, which established the trust in 1991. The underlying interests are administered according to the trust agreement, with proceeds distributed to unitholders when available.

Because Cross Timbers Royalty Trust is a passive royalty trust rather than an operating company, it generally does not maintain a conventional corporate management team. A trustee oversees the trust’s administration, including receiving proceeds, paying expenses, and making distributions in accordance with the governing documents.