PROFILE |
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Cross Timbers Royalty Trust distributes royalties from oil and natural gas properties in Texas, Oklahoma, and New Mexico. The trust, which was formed in 1991, does not operate or control any of its properties. Instead, it owns stakes in wells operated by such oil and gas companies as Exxon Mobil, Texaco, Maynard Oil, Burlington Resources, and XTO Energy (previously Cross Timbers Oil). Its properties have proved reserves of approximately 2 million barrels of oil and 35 billion cu. ft. of natural gas. XTO Energy, which markets the trust's oil and gas, is seeking to sell its more than 20% interest in the trust.
COMPETITION |
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Dominion Resources Black Warrior Trust (DOM)
Sabine Royalty Trust (SBR)
San Juan Basin Royalty Trust (SJT)
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STOCK ANALYSIS |
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FURTHER ANALYSIS
Advanced Charting
Deals
FINANCIAL OVERVIEW |
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Fiscal Year-End: December
2000 Sales (mil.): 11.70
1-Yr. Sales Growth: 74.6%
CONTACT INFO |
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901 Main St., 17th Fl.
Dallas, TX 75283
US
Phone: -
Fax: 214-209-2431
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