Cross Timbers Royalty Trust (CRT)
Cross Timbers Royalty Trust operates in the Oil & Gas Exploration & Production industry of the Energy sector, headquartered in Dallas, TX, US. The stock last traded at $12.50, up 2.04% on the session, giving a market capitalisation of $75.0M. On trailing twelve-month figures it carries a trailing P/E of 24.06, a net margin of 74.0%. Its beta of -0.02 implies it has historically moved less than the broad market.
Cross Timbers Royalty Trust functions as an express trust within the United States, holding substantial stakes in various energy-related assets. The trust maintains a 90% net profits interest across a selection of producing and nonproducing royalty and overriding royalty properties located in Texas, Oklahoma, and New Mexico. Additionally, it secures a 75% net profits working interest in seven specific properties, four of which are situated in Texas and three in Oklahoma. This entity was established in 1991 and its corporate headquarters are based in Dallas, Texas.
Cross Timbers Royalty Trust is most often compared with the following Energy names: