Cross Timbers Royalty Trust
crt-crosstimbers.comWhat Do They Do?
Holds net profits interests in oil and gas properties, receiving a share of proceeds from production that XTO Energy markets.
10-K, filed Mar 27, 2026On February 12, 1991, the predecessors of XTO Energy conveyed defined net profits interests to the Trust under five separate conveyances:View ↗
Under the terms of each of the five conveyances, the Trust receives net profits income from the net profits interests generally on the last…View ↗
To the extent allowed, XTO Energy is responsible for marketing its production from the underlying properties under existing sales contracts…View ↗
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