Cross Timbers Royalty Trust (NYSE: CRT) is an express trust established in 1991 under the laws of Texas. The trust operates as a passive, pure pass-through vehicle designed to collect and distribute net profits income to its unitholders. Its principal assets consist of 90% net profits royalty interests in producing and nonproducing properties located in Texas, Oklahoma, and New Mexico, alongside 75% net profits working interests in seven oil-producing properties in Texas and Oklahoma. The underlying properties are operated primarily by XTO Energy Inc., a subsidiary of ExxonMobil. Because the trust is a passive entity, it has no employees, no capital expenditures, and is managed entirely by its trustee, Argent Trust Company.

Research as of 19 Jun 2026