Cross Timbers Royalty Trust - aVenture Asset Manager Research
Cross Timbers Royalty Trust
Operating Status: Operating
Cross Timbers Royalty Trust manages net profits interests from royalty properties in TX, OK, NM, primarily owned by XTO Energy.
Location
Dallas, TX, US
Founded
1991
Cross Timbers Royalty Trust manages net profits interests derived from royalty and overriding royalty interest properties in Texas, Oklahoma, and New Mexico. The trust's primary assets include a 90% net profits interest in producing properties and an 11.11% nonparticipating royalty interest in nonproducing properties, primarily located in Texas and Oklahoma.
Established in February 1992, Cross Timbers Royalty Trust operates on the New York Stock Exchange. The trust's underlying properties are owned by XTO Energy Inc. Cross Timbers provides investors with exposure to oil and gas production revenues through its diverse portfolio of royalty interests across multiple states.
Cross Timbers Royalty Trust - Classification
NAICS
520000Finance and Insurance
523000Securities, Commodity Contracts, and Other Financial Investments and Related Activities
523900Other Financial Investment Activities
523910Miscellaneous Intermediation
SIC
6792Oil Royalty Traders
6700Holding And Other Investment Offices
6790Miscellaneous Investing
ISIC
7740Leasing of intellectual property and similar products, except copyrighted works
Show 23 more industry codes
NAICS
210000Mining, Quarrying, and Oil and Gas Extraction
211000Oil and Gas Extraction
211100Oil and Gas Extraction
211120Crude Petroleum Extraction
220000Utilities
221000Utilities
221200Natural Gas Distribution
221210Natural Gas Distribution
530000
Real Estate and Rental and Leasing
533000Lessors of Nonfinancial Intangible Assets (except Copyrighted Works)
533100Lessors of Nonfinancial Intangible Assets (except Copyrighted Works)
533110Lessors of Nonfinancial Intangible Assets (except Copyrighted Works)
