Streetbeat News

CRT

Cross Timbers Royalty Trust

Industry

Oil & Gas Exploration & Production

Cross Timbers Royalty Trust operates as an express trust in the United States. It holds 90% net profits interests in certain producing and nonproducing royalty and overriding royalty interest properties in Texas, Oklahoma, and New Mexico; and 75% net profits working interest in four properties in Texas and three properties in Oklahoma. The company was founded in 1991 and is based in Dallas, Texas.

Open

9.95

Mkt cap

61M

Volume

33K

High

10.18

P/E Ratio

8.95

52-wk high

18.99

Low

9.92

Div yield

0.10

52-wk low

8.88

Two energy stocks, Sable Offshore Corp. (SOC) and Cross Timbers Royalty Trust (CRT), are highlighted as oversold according to their RSI values, indicating a potential buying opportunity. SOC's stock fell about 10% over the past month, with an RSI of 29.40, while CRT announced a cash distribution and saw a 24% decline in its stock, with an RSI of 28.10.

Portfolio Pulse from Avi Kapoor

April 01, 2024 | 11:16 am

Cross Timbers Royalty (NYSE:CRT) has announced a monthly dividend of 9.07 cents per share. The stock will go ex-dividend on Thursday, meaning it will trade lower to reflect the payout. Shareholders owning CRT by the end of Wednesday's session will be eligible for the dividend, which will be paid out on October 16, 2023.

Portfolio Pulse from Benzinga Insights

September 25, 2023 | 2:45 pm

Cross Timbers Royalty (NYSE:CRT) has announced a monthly dividend of 19.36 cents per share. The stock will go ex-dividend on Friday, meaning it will trade lower to reflect the payout. Shareholders must own the stock prior to the ex-dividend date to be eligible for the dividend. The dividend will be paid out on August 14, 2023.

Portfolio Pulse from Benzinga Insights

July 25, 2023 | 2:45 pm

Energy stocks are trading lower as investors evaluate the impact of China's recent interest rate cuts, aimed at stimulating the country's economic recovery.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2023 | 3:47 pm

U.S. stocks opened higher with the Nasdaq Composite gaining over 75 points. The U.S. trade deficit widened to a six-month high of $74.6 billion in April. Energy shares jumped by 1.1%, while consumer staples shares fell by 0.4%. Yext, Chijet Motor, and Stitch Fix reported better-than-expected results, while Mondee Holdings, NewAmsterdam Pharma, and Couchbase experienced declines.

Portfolio Pulse from Lisa Levin

June 07, 2023 | 1:47 pm

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