Cross Timbers Royalty Trust Declares October Cash Distribution
DALLAS, Oct. 21, 2014 /PRNewswire/ -- Southwest Bank, as Trustee of the Cross Timbers Royalty Trust (NYSE – CRT), today declared a cash distribution to the holders of its units of beneficial interest of $0.190114 per unit, payable on November 17, 2014, to unitholders of record on October 31, 2014. The following table shows underlying oil and gas sales and average prices attributable to the current month and prior month distributions.
Underlying Sales |
||||||||
Volumes |
Average Price |
|||||||
Oil (Bbls) |
Gas (Mcf) |
Oil (Bbls) |
Gas (Mcf) |
|||||
Current Month Distribution |
18,000 |
87,000 |
$91.14 |
$7.22 |
||||
Prior Month Distribution |
19,000 |
172,000 |
$95.80 |
$6.40 |
||||
Other
XTO Energy advised the trustee that current month underlying gas sales volumes declined primarily due to prior period purchaser adjustments.
For more information on the Trust, please visit our web site at www.crt-crosstimbers.com.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/cross-timbers-royalty-trust-declares-october-cash-distribution-322413446.html
SOURCE Cross Timbers Royalty Trust
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