CROSS TIMBERS ROYALTY TRUST
For the period ended Dec 31, 2024. Filed Mar 27, 2025.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Mar 27, 2025
CRT$12.59-1.0%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Statements of Assets, Liabilities and Trust Corpus
| 2024 | 2023 | |
|---|---|---|
| Assets | ||
| Cash and short-term investments | $1,369,379 | $1,852,320 |
| Interest to be received | 4,211 | 5,062 |
| Net profits interests in oil and gas properties - net (Notes 1 and 2) | 2,433,344 | 2,671,583 |
| $3,806,934 | $4,528,965 | |
| Liabilities and Trust Corpus | ||
| Distribution payable to unitholders | $373,590 | $857,382 |
| Expense reserve (a) | 1,000,000 | 1,000,000 |
| Trust corpus (6,000,000 units of beneficial interest authorized and outstanding) | 2,433,344 | 2,671,583 |
| $3,806,934 | $4,528,965 | |
(a)
Expense reserve allows the Trustee to pay its obligations should it be unable to pay them out of the net profits income. The reserve is currently funded at $1,000,000.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.