Cross Timbers Royalty Trust (NYSE:CRT) Posts Quarterly Earnings Results

Cross Timbers Royalty Trust (NYSE:CRT) announced its earnings results on Friday. The oil and gas company reported $0.23 EPS for the quarter, Zacks reports. Cross Timbers Royalty Trust had a return on equity of 191.25% and a net margin of 79.29%.The company had revenue of $1.64 million for the quarter.

Cross Timbers Royalty Trust Trading Up 5.1%

CRT opened at $10.50 on Friday. Cross Timbers Royalty Trust has a 1-year low of $7.07 and a 1-year high of $13.31. The company has a market cap of $62.97 million, a P/E ratio of 13.99 and a beta of 0.10. The company has a fifty day moving average price of $9.07 and a two-hundred day moving average price of $8.35.

Cross Timbers Royalty Trust Cuts Dividend

The business also recently declared a monthly dividend, which will be paid on Tuesday, April 14th. Shareholders of record on Tuesday, March 31st will be issued a $0.0009 dividend. This represents a c) dividend on an annualized basis and a yield of 0.1%. The ex-dividend date is Tuesday, March 31st. Cross Timbers Royalty Trust’s dividend payout ratio (DPR) is presently 80.00%.

Insider Activity

In related news, major shareholder Eric L. Oliver acquired 26,134 shares of the business’s stock in a transaction dated Wednesday, March 25th. The shares were bought at an average price of $9.69 per share, with a total value of $253,238.46. Following the transaction, the insider directly owned 626,225 shares of the company’s stock, valued at $6,068,120.25. This trade represents a 4.36% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 9.40% of the stock is owned by company insiders.

Institutional Trading of Cross Timbers Royalty Trust

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Bank of America Corp DE raised its stake in Cross Timbers Royalty Trust by 81.3% during the 2nd quarter. Bank of America Corp DE now owns 3,596 shares of the oil and gas company’s stock worth $36,000 after buying an additional 1,612 shares during the period. O Shaughnessy Asset Management LLC grew its stake in Cross Timbers Royalty Trust by 23.3% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 14,030 shares of the oil and gas company’s stock valued at $112,000 after acquiring an additional 2,651 shares during the period. Finally, Susquehanna International Group LLP acquired a new stake in Cross Timbers Royalty Trust in the third quarter valued at approximately $212,000. 9.74% of the stock is owned by institutional investors.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of Cross Timbers Royalty Trust in a report on Wednesday, January 21st. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, Cross Timbers Royalty Trust has a consensus rating of “Sell”.

Key Stories Impacting Cross Timbers Royalty Trust

Here are the key news stories impacting Cross Timbers Royalty Trust this week:

• Positive Sentiment: Quarterly results showed $0.23 EPS on $1.64M revenue with a very high net margin (79.29%) and ROE (191.25%), signaling strong profitability for the trust’s modest revenue base. Q4 Earnings Snapshot
• Positive Sentiment: Major shareholder Eric L. Oliver materially increased his position with purchases (26,134 shares at ~$9.69 and an additional 3,159 shares at ~$9.91), signaling insider conviction and adding buying support. SEC filing for the transactions is available. SEC Filing
• Positive Sentiment: Technical momentum: shares have moved above their 50‑day moving average, a technical signal that can attract short‑term buyers and momentum funds. Technical Note
• Neutral Sentiment: Company profile and valuation: CRT is a small, low‑volatility royalty trust (market cap ~ $63M, PE ~13.99, beta ~0.10). The trust’s cash flows depend on commodity production and royalties, so long‑term outlook tracks oil & gas activity and commodity prices rather than company reinvestment.

About Cross Timbers Royalty Trust

Cross Timbers Royalty Trust (NYSE:CRT) is a Delaware statutory trust that holds royalty interests in a portfolio of onshore oil and natural gas properties. The trust was established in June 2005 through a contribution of assets by Chesapeake Energy Corporation. It earns revenue by collecting overriding royalty and net profit interests carved out of producing leases and then distributing those receipts to its unitholders on a quarterly basis.

The underlying assets of the trust consist primarily of oil, natural gas and natural gas liquids reserves located in several Texas counties, including Erath, Stephens, Comanche and Palo Pinto.