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Oil royalty trusts translate commodity cycles into monthly distributions with unusual directness.
September's data for Cross Timbers Royalty Trust (NYSE: CRT) shows that mechanism at work: Argent Trust Company, as trustee, declared a cash distribution of $0.064277 per unit, payable October 15, 2026, to unitholders of record on September 30, 2026.
Underlying sales volumes attributable to the current distribution came in at 10,000 barrels of oil at $76.19 per barrel and 48,000 Mcf of gas at $4.67 per Mcf.
The prior month reflected 11,000 barrels at $78.27 and 50,000 Mcf at $4.69. Both volumes and realized prices stepped back. Sales figures can fluctuate month to month based on the timing of cash receipts, the trust notes.
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