Cross Timbers Royalty Trust shares surge 11.04% intraday as increased gas volumes from Oklahoma and New Mexico properties boost distribution.

Cross Timbers Royalty Trust surged 11.04% intraday following the announcement of a $0.114705 per unit cash distribution for January 15, 2026. The increase was driven by higher gas volumes (245,000 Mcf) in the current month, attributed to out-of-period revenues from Oklahoma and New Mexico net profits interests, which boosted the distribution despite a $108,000 rise in Texas Working Interest excess costs. The Trustee noted that cumulative excess costs ($5.46 million) did not reduce net proceeds, reinforcing the distribution’s stability. The market reacted positively to the improved cash flow outlook, with the elevated gas volumes and maintained distribution levels outweighing concerns about excess costs.