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CRT

10.090000 USD
0.06
0.60%
Last update Jun 13, 3:59 PM EDT
Market closed
Day range
10
10.38000
Previous close
10.030000
Open
10.19000
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Cross Timbers Royalty Trust
10.09
0.06
0.60%

Overview

Description

Cross Timbers Royalty Trust is a financial instrument designed to manage and distribute income derived from oil and gas interests. The trust primarily functions by holding a variety of net profit interests, primarily located in regions known for their rich natural resources, such as Texas, Oklahoma, and New Mexico. A distinctive feature of this trust is its focus on providing income-generating opportunities through the extraction and sale of natural resources without operating the wells directly. In the financial market, Cross Timbers Royalty Trust plays a crucial role by offering investors exposure to the energy sector, particularly oil and gas revenues, without the complexities and direct investments in drilling operations. This trust ensures that the generated income from resource extraction is efficiently distributed to shareholders, thus serving as a bridge between natural resource production and financial market participation.

About

CEO
Employees
0
Address
3838 Oak Lawn Ave
Suite 1720
Dallas, 75219-4518, TX
United States
Phone
855 588 7839
Instrument type
Trust
Sector
Energy
Industry
Oil & Gas E&P
Country
United States
MIC code
XNYS
Market closed

Exchange is currently closed (non-working day)
Pre-market opens in 17 hours 52 minutes

10:07
00:00
23:59

Trading Hours (Monday - Friday):

Pre-market
04:00 - 09:30
Main market
09:30 - 16:00
Post-market
16:00 - 20:00
All times are displayed in the America/New_York timezone (EDT, UTC-04:00).