Cross Timbers Royalty Trust (CRT) NPV
$0.72
(6.94%)
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- This stock can be held in a
$0.72
(6.94%)
Deal for just £11.95 per trade in a
Stocks and Shares ISA,
Lifetime ISA
,
SIPP
or
Fund and Share Account
$0.72
(6.94%)
Deal for just £11.95 per trade in a
Stocks and Shares ISA,
Lifetime ISA
,
SIPP
or
Fund and Share Account
Business summary
Cross Timbers Royalty Trust (the 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 profit interests generally on the last business day of each month. The net profits interest comprises approximately 90% net profits interests which are carved from producing royalty and overriding royalty interest properties in Texas, Oklahoma and New Mexico; 11.11% nonparticipating royalty interests in nonproducing properties located primarily in Texas and Oklahoma, and the 75% net profits interests which are carved from working interests in four properties in Texas and three properties in Oklahoma. Its underlying royalties, underlying nonproducing royalties, and underlying working interest properties are owned by XTO Energy. The underlying properties include over 2,900 producing properties with established production histories in Texas, Oklahoma and New Mexico and also include certain nonproducing properties.
Contact details
Important dates
General stock information
- Short code:
- CRT
- ISIN:
- US22757R1095
- Market cap:
- $62.28 million
- Shares in issue:
- 6.00 million
- Sector:
- Oil & Gas Exploration & Production
- Exchange:
- -
- Country:
- United States
- Currency:
- US dollar
- Indices:
- n/a
Key personnel
The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the trade price received and the LSE-quoted mid-price at the point the trade is placed. It should only be considered an indication and not a recommendation.
Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled 'N/A'.