CROSS TIMBERS ROYALTY TRUST 8-K
Research Summary
AI-generated summary
Cross Timbers Royalty Trust Announces Monthly Cash Distribution
What Happened
- Cross Timbers Royalty Trust (CRT) filed a Form 8-K on May 18, 2026 announcing a monthly cash distribution. The trust issued a news release (furnished as Exhibit 99.1) stating the distribution applies to unitholders of record on May 29, 2026.
Key Details
- Filing date: May 18, 2026 (Form 8-K, Item 2.02).
- Record date for distribution: May 29, 2026.
- The news release announcing the distribution is attached as Exhibit 99.1 to the 8-K.
- The report was signed by Argent Trust Company (Trustee) and includes signatures from Nancy Willis (Director of Royalty Trust Services) and Daniel Bates (Unconventional Finance General Manager, Exxon Mobil Corporation).
Why It Matters
- Monthly cash distributions are a primary way CRT returns income to unitholders; the record date determines which holders are eligible to receive the payout.
- The 8-K does not disclose the distribution amount or other financial results, so investors should review the Exhibit 99.1 news release or other trust communications for the payment amount and payment date.
- If you hold CRT units, confirm your holdings as of the May 29, 2026 record date to ensure eligibility and monitor official communications for the announced cash amount.
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