Cross Timbers Royalty Trust (CRT) Gained This Week. Here is Why.

From Yahoo Finance: 2025-05-22 01:38:00

The share price of Cross Timbers Royalty Trust (NYSE:CRT) surged by 4.95% between May 14 and May 21, 2025, placing it among the Energy Stocks that Gained the Most This Week. The increase was attributed to the company’s declaration of a higher monthly cash dividend for May compared to the previous month.

Cross Timbers Royalty Trust (NYSE:CRT) operates as an express trust in the US, holding net profits interests in royalty and overriding royalty interest properties in Texas, Oklahoma, and New Mexico. It also holds net profits interests in working interest properties in Texas and Oklahoma.

In addition to the recent share price surge, Cross Timbers Royalty Trust (NYSE:CRT) announced a monthly cash dividend of $0.0808 per share for May, a significant increase from the previous month’s distribution of $0.0321 per share. The company’s performance has been notable, with a 4% gain in share price since the beginning of 2025.

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To learn more about energy stocks, consider reading about 10 Cheap Energy Stocks to Buy Now and 10 Most Undervalued Energy Stocks to Buy According to Hedge Funds. No disclosures were made in the article.

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