CRT

About CRT

Cross Timbers Royalty Trust is an express trust. The net profits interests are the principal asset of the Trust. The Trust receives net profits income from the net profits interests generally on the last business day of each month. The net profits interests consist of approximately 90% net profits interests, which are carved from producing royalty and overriding royalty interest properties in Texas, Oklahoma and New Mexico, and approximately 11.11% non-participating royalty interests in non-producing properties located primarily in Texas and Oklahoma. The Trust's net profits interests consist of approximately 75% net profits interests, which are carved from working interests in over four properties in Texas and three properties in Oklahoma. Its all-underlying royalties, underlying nonproducing royalties and underlying working interest properties are owned by XTO Energy. The underlying properties include over 2,900 producing properties in Texas, Oklahoma and New Mexico.