Cross Timbers Royalty Trust Sets August Payout at $0.06 Per Unit

The distribution follows a month of shifting production metrics, as the trust reported 9,000 barrels of oil and 27,000 Mcf of gas in the prior period. While oil prices climbed to an average of $109.21 per barrel, XTO Energy reported ongoing financial hurdles regarding excess costs. Texas properties saw an increase of $2,000 in excess costs, contributing to a cumulative total of $5,987,000.

In Oklahoma, the situation remains constrained despite a $54,000 recovery of excess costs. That partial recovery proved insufficient to generate proceeds for this month’s distribution, leaving $794,000 in cumulative excess costs on the books for those properties. Holders of record as of July 31, 2026, are eligible for the August payout.