Cross Timbers Royalty Trust
CRTCross Timbers Royalty Trust is a passive express trust that holds net profits interests in various oil and gas properties across Texas, Oklahoma, and New Mexico.
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Profile
Cross Timbers Royalty Trust is a passive express trust that holds net profits interests in various oil and gas properties across Texas, Oklahoma, and New Mexico. The trust's primary value proposition is to collect net profits income from these interests and distribute the proceeds to unitholders after deducting administrative expenses. It does not engage in active business operations, exploration, or development, acting instead as a vehicle for investors to receive cash flows from established energy production.
The trust is a passive entity with no operational control, relying entirely on the production activities of third-party operators and the management of underlying properties by XTO Energy.
Questions, answered.
- What is Cross Timbers Royalty Trust's market cap?
- Cross Timbers Royalty Trust (CRT) has a market capitalization of $60.6M and trades on NYSE.
- Who are Cross Timbers Royalty Trust's competitors?
- Cross Timbers Royalty Trust's key competitors include Sabine Royalty Trust, Permian Basin Royalty Trust, Exxon Mobil Corporation, and others. These companies compete in similar markets and product categories.
- Who does Cross Timbers Royalty Trust partner with?
- Cross Timbers Royalty Trust's notable partners include XTO Energy Inc., Argent Trust Company, Simmons Bank.
- Where is Cross Timbers Royalty Trust headquartered?
- Cross Timbers Royalty Trust is headquartered in United States of America and employs approximately 2 people. It has been publicly traded since 1992.