CROSS TIMBERS ROYALTY TRUST
For the period ended Dec 31, 2023. Filed Apr 1, 2024.
View on SEC.govAbout this filing
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.
FY2023 · Filed Apr 1, 2024
CRT$12.59-1.0%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Statements of Assets, Liabilities and Trust Corpus
CROSS TIMBERS ROYALTY TRUST
Statements of Assets, Liabilities and Trust Corpus
| 2023 | 2022 | |
|---|---|---|
| Assets | ||
| Cash and short-term investments | $1,852,320 | $1,898,638 |
| Interest to be received | 5,062 | 3,372 |
| Net profits interests in oil and gas properties - net (Notes 1 and 2) | 2,671,583 | 2,961,955 |
| $4,528,965 | $4,863,965 | |
| Liabilities and Trust Corpus | ||
| Distribution payable to unitholders | $857,382 | $902,010 |
| Expense reserve (a) | 1,000,000 | 1,000,000 |
| Trust corpus (6,000,000 units of beneficial interest authorized and outstanding) | 2,671,583 | 2,961,955 |
| $4,528,965 | $4,863,965 | |
| (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.