Cross Timbers

CRT NYSE
11.87
-0.43
-3.50%
Closed 16:00 07/15 EDT
Open
12.42
Prev Close
12.30
High
12.46
Low
11.86
Volume
22.46K
Avg Vol (3M)
14.82K
52 Week High
15.97
52 Week Low
10.60
% Turnover
0.37%
Market Cap
72.81M
1D
5D
1M
3M
1Y
5Y

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Company Profile

Cross Timbers Royalty Trust is an express trust. The net profits interests are the principal asset of the Trust. 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 11.11% nonparticipating 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. All underlying royalties, underlying non-producing royalties and underlying working interest properties are owned by XTO Energy Inc. The underlying properties include over 2,900 producing properties with established production histories in Texas, Oklahoma and New Mexico. The average reserve-to-production index for the underlying properties is approximately 10 years.
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