Cross Timbers Royalty Trust Declares February Distribution, Ends Reserve Fund Withholding

summarizeSummary

Cross Timbers Royalty Trust declared its February cash distribution and announced the completion of its reserve fund increase, leading to the discontinuation of monthly withholdings.

check_boxKey Events

• Monthly Cash Distribution Declared

  The Trust declared a cash distribution of $0.050060 per unit for February, payable on March 13, 2026, to unitholders of record on February 27, 2026.

• Reserve Fund Target Reached

  The Trustee has completed the increase to the reserve funds, which now stand at a balance of $1,500,000.

• Monthly Withholding Discontinued

  The $50,000 monthly withholding from distributions, which had been in place for the past ten months to build the reserve, has been discontinued.

• Oil and Gas Sales Data Provided

  The filing included underlying oil and gas sales volumes and average prices for both the current and prior month distributions.

auto_awesomeAnalysis

Cross Timbers Royalty Trust announced its February cash distribution and, more significantly, confirmed that its reserve fund has reached the target balance of $1,500,000. As a result, the Trustee has discontinued the $50,000 monthly withholding that had been in place for the past ten months. This cessation of withholding is a positive development for unitholders, as it means more of the trust's future income will be available for distribution, directly impacting unitholder returns.