Cross Timbers Declares $0.277908 October Distribution, Roughly 4.3x September Payout
CRT sits 92% above its 52-week low of $7.07.
Summary
Cross Timbers declared a $0.277908 per unit October distribution, roughly 4.3x September's payout, as sales volumes tripled on timing of receipts from the new Hewitt Unit operator. Texas excess costs rose $149,000, leaving $6.5M cumulative.
Key Events · Earnings and Guidance · CRT
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October Distribution Set at $0.277908
Payable November 16, 2026 to unitholders of record October 30, 2026, roughly 4.3x the September distribution of $0.064277 per unit.
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Sales Volumes Triple on Operator Timing
Current month volumes were 33,000 Bbls oil and 89,000 Mcf gas versus 10,000 Bbls and 48,000 Mcf prior month, with May–July 2026 volumes received from Scout Energy Management LLC, new operator of the Hewitt Unit.
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Texas Excess Costs Rise $149,000
Cumulative excess costs on Texas Working Interest properties total $6,517,000 including $1,797,000 accrued interest; $491,000 of Oklahoma excess costs including $40,000 interest were fully recovered.
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Payout Likely Timing-Driven
The volume surge reflects receipt timing of prior months' volumes from the new operator, so the elevated distribution is unlikely to repeat at this level next month.
Analysis · CRT · Energy & Transportation
At $0.277908 per unit, the October distribution is about 4.3 times September's $0.064277 and the largest monthly payout in the recent sequence. Sales volumes, not price, drive the jump: 33,000 barrels of oil and 89,000 Mcf of gas versus 10,000 barrels and 48,000 Mcf last month, with May-through-July 2026 volumes from the Hewitt Unit received this month after Scout Energy Management took over as operator. Prices were also modestly higher at $83.56 per barrel and $4.86 per Mcf. Against that, excess costs on the Texas Working Interest properties rose $149,000, leaving $6,517,000 of cumulative excess costs including $1,797,000 of accrued interest, while $491,000 of Oklahoma excess costs were fully recovered. Because the volume surge reflects timing of cash receipts from a new operator, the payout is unlikely to repeat at this level next month.
How filings like this one have moved
In the 30 days to Oct 20, 2026, 29.2% of the 1466 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.57%. These are measured outcomes after filings of this importance, not a forecast for this one.
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At the time of this filing, CRT was trading at $13.57 on NYSE in the Energy & Transportation sector, with a market capitalization of approximately $81.4M. The 52-week trading range was $7.07 to $13.74. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.