CRT · NYSE · Oil & Gas Exploration & Production

Cross Timbers Royalty Trust (CRT)

Distributes net profits from fixed oil and gas property interests.

$11.90
vs last close−0.34 (−2.78%)
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Cross Timbers Royalty TrustCRT
Energy

Collects net-profits income from mature oil and gas properties across Texas, Oklahoma, and New Mexico, then distributes remaining cash to unitholders. Fixed interests in royalties and working properties make income sensitive to commodity prices, operator decisions, and allowable costs.

Collects and distributes cash generated by fixed net-profits interests in mature oil and gas properties across Texas, Oklahoma, and New Mexico. Its assets include royalty and overriding-royalty interests alongside cost-bearing working interests.

Relies on XTO Energy to calculate and remit underlying net proceeds, while the corporate trustee deducts expenses and reserve adjustments before monthly distributions. Third-party operators run field-development and operating programs; the Trust has no employees, cannot direct them, acquire replacement assets, or operate a drilling business.

Faces cost deficits that can delay income from individual working-interest conveyances, while its portfolio remains fixed and depleting.

Company facts

CEONancy G. Willis
ListedFeb 27, 1992
ExchangeNYSE
HeadquartersDallas, TX
CountryUnited States
CIK0000881787
ISINUS22757R1095

Market cap$73.4M
EPS (ttm)$0.5195
P/E (ttm)23.56
ROE147.7%
P/B35.10
P/S17.10
Dividend yieldDiv yield5.03%
Beta−0.27vs XLE 0.39

No analyst consensus on record.

EPSReportedEstimate

Nov '24Mar '25May '25Aug '25Nov '25Mar '26May '26Aug '26
Reported$0.25$0.22$0.30$0.15$0.08$0.23$0.08$0.14
Estimate
Surprise

RevenueReportedEstimate

Nov '24Mar '25May '25Aug '25Nov '25Mar '26May '26Aug '26
Reported$1.7M$1.5M$2.1M$1.3M$2.8M$1.6M$787.8K$1.1M
Estimate
Surprise
Estimate
Reported$0.14
Estimate
Reported$1.1M
View details

Debt to equity0.00%
Current ratio665.80%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$1.7M$1.5M$2.1M$1.3M$761.6K$1.6M$787.8K$1.1M
Net income$1.5M$1.3M$1.8M$892.5K$453.3K$1.4M$503.4K$861.2K
Net margin88.8%89.2%86.9%69.0%59.5%82.9%63.9%78.2%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income$1.5M$1.3M$1.8M$880.6K$440.6K$1.4M$503.4K$861.2K
YoY growth−45.5%−15.5%−34.6%−71.0%+3.3%−71.6%−2.2%

Balance sheet, Jun 30, 2026Cash & short-term investments $1.8M · Total debt $0 · Total assets $3.9M · Shareholders' equity $2.1M

Revenue
$1.1M
Operating income
$861.2K
Net income
$861.2K
View details

Dividend yield
5.03%
Next ex-date
Sep 30, 26
in 7 days
Annual dividend
$0.62
per share
Schedule
Monthly
12 payments a year

HistoryDividendAnnual yieldUpcoming

Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26
Dividend$0.0501$0.0009$0.0697$0.0296$0.0442$0.0614$0.0679$0.0643
Annual yield7.67%5.06%5.32%4.95%5.86%5.49%5.89%5.42%
Ex-dateFeb 27Mar 31Apr 30May 29Jun 30Jul 31Aug 31Sep 30
Payment dateMar 13Apr 14May 14Jun 12Jul 15Aug 14Sep 15Oct 15
View details

Institutions22.22%1.33M shares
21 holders · as of Jun 30, 2026
Other77.78%4.67M shares
remainder

6.00M company shares as of Aug 25, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
Softvest Advisors, LLCInstitution
15.42%924,960as of Jun 30, 2026
Ashton Thomas Private Wealth, LLCInstitution
4.00%239,924as of Jun 30, 2026
Beacon Pointe Advisors, LLCInstitution
1.15%69,292as of Jun 30, 2026
Morgan StanleyInstitution
0.35%20,981as of Jun 30, 2026
Welch Group, LLCInstitution
0.28%16,652as of Jun 30, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Sep 11, 2026Eric L. Oliver10 percent owner+16,360$11.46
Sep 9, 2026Eric L. Oliver10 percent owner+7,134$11.29
Sep 8, 2026Eric L. Oliver10 percent owner+6,142$10.94
Sep 4, 2026Eric L. Oliver10 percent owner+5,473$10.90
Sep 3, 2026Eric L. Oliver10 percent owner+790$10.67
View details

Compare

CompanyPriceChange
Cross Timbers Royalty Trust$11.90−2.78%$73.4M23.617.1−14.8%
Sabine Royalty Trust$72.11−0.37%$1.06B14.814.1+16.7%
Permian Basin Royalty Trust$33.09+0.18%$1.54B94.387.0+34.4%
San Juan Basin Royalty Trust$3.11+0.32%$144.5M137,738.1−93.8%
Mesa Royalty Trust$2.32−4.53%$4.6M13.38.7−21.8%
Median14.850.5−2.5%