Cross Timbers Royalty Trust is a US-listed company in the oil & gas exploration & production industry. Its financial year ends in December.
Who’s trading
What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.
- Insiders3 buying, 0 selling39 purchases and 0 sales by directors and officers, last 12 monthsInsider trades
- Funds12 adding, 7 cuttingOf 3 active managers that changed their stake, 1 added; quarter to June 30, 2026Fund buyers and sellers
The Fundamentalytics view
Current signal Several insiders buying shares: 3 insiders bought shares in the open market in the past 90 days, according to their Form 4 filings.
Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.
Price chart
- 1 day+1.7%
- 1 week-5.4%
- 1 month+13.4%
- This year+73.6%
- 1 year+85.1%
- 5 years+44.8%
- S&P 500 this year+11.2%
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Third-party market data · may be delayed
At a glance
Earnings
- Last results
- October 20, 2026
News & updates
Company announcements, filed results and changes that matter to shareholders.
- ResultsSEC 8-KRead source ↗
- Results
Cross Timbers Royalty Trust reported results
SEC 8-KRead source ↗ - Results
Cross Timbers Royalty Trust reported results
SEC 8-KRead source ↗ - Results
Cross Timbers Royalty Trust reported results
SEC 8-KRead source ↗
No model value for Cross Timbers Royalty Trust at the moment. Current status: limited reported history: available models are shown without a Buy/Hold/Sell rating. Available reported financials are shown below.
Valuation models
We value Cross Timbers Royalty Trust as an oil and gas producer, with every model that fits that kind of business. Cost of equity 7.6%: the 10-year Treasury yield (4.9%) plus a beta of 0.59 times a 4.5% equity risk premium.
| Model | Value per share | In the combined value? |
|---|---|---|
| Proved-reserve net asset value The SEC standardised measure of the company's proved oil and gas reserves (future net cash flows after tax at SEC average prices, discounted at 10%) less debt and other claims, per share. | — | Does not apply: no twelve-month earnings or share count in the filings yet |
| Price-to-earnings vs peers Earnings per share times peers' typical (harmonic-mean) price-to-earnings. | — | Does not apply: no twelve-month earnings or share count in the filings yet |
| Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. | — | Does not apply: no twelve-month earnings or share count in the filings yet |
| Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. | — | Does not apply: no twelve-month earnings or share count in the filings yet |
| Combined value Weighted average of the models that apply: the primary model (proved-reserve net asset value) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. | — | No model applies: the filings don’t yet support a value. |
Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Cross Timbers Royalty Trust with oil and gas producers in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.
Moat
Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: Low.
Forecasts and guidance
Analysts' consensus
No analyst estimates are published for Cross Timbers Royalty Trust: too few analysts cover it.
Positioning
- Short interest
- 0.6% of tradable shares
- Days to cover
- 1.21 at average volume
- Short interest, 1 month
- +198% to October 15, 2026
- Held by institutions
- 23% of shares
- Held by insiders
- 0.0% of shares
Share-price performance
Market data may be delayedReturn and risk by year
| Calendar year | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 to date |
|---|---|---|---|---|---|---|
| Return | ||||||
| CRT | +53% | +146% | −24% | −39% | −13% | +74% |
| Industry peers (median) | +88% | +54% | −8% | +2% | −15% | +17% |
| S&P 500 | +29% | −18% | +26% | +25% | +18% | +11% |
| Months that ended higher | ||||||
| CRT | 50% | 75% | 58% | 42% | 42% | 73% |
| S&P 500 | 75% | 42% | 67% | 75% | 75% | 46% |
| Largest fall from a high during the year | ||||||
| CRT | −34% | −32% | −55% | −49% | −45% | −22% |
| S&P 500 | −5% | −25% | −10% | −8% | −19% | −9% |
Worst fall since November 2, 2015: 71% from February 14, 2023 to October 20, 2025. Getting back needed a 246% gain, and the shares have not yet recovered.
Price behaviour
- 52-week range
- $6.74 – $14.01
- From 52-week high
- −8.2%
- vs 50-day average
- +8.5%
- vs 200-day average
- +28.7%
- Volatility (1 year)
- 36%
- Beta vs S&P 500
- -0.15
Share price after results
- Next day
- 7 up, 5 down typical move ±3.8%
- After a week
- 8 up, 4 down typical move ±4.6%
- After a month
- 8 up, 3 down typical move ±10.2%
| Results released | Next day | S&P 500 next day | 5 days | 21 days |
|---|---|---|---|---|
| October 20, 2026 | +11.9% | +0.9% | +13.1% | — |
| September 18, 2026 | −5.1% | +1.7% | −3.7% | −3.3% |
| August 21, 2026 | +1.0% | +0.1% | −0.8% | +17.3% |
| July 21, 2026 | −0.1% | +0.7% | +3.2% | +9.8% |
| June 18, 2026 | −9.2% | +0.7% | −4.1% | +3.4% |
| May 18, 2026 | −0.7% | −0.7% | +1.7% | −12.2% |
| April 20, 2026 | +1.0% | −0.9% | +2.0% | +2.7% |
| March 20, 2026 | −0.9% | −0.4% | +6.9% | +7.5% |
| February 17, 2026 | +0.3% | +0.7% | +3.9% | +15.0% |
| January 20, 2026 | +6.9% | −0.9% | +5.6% | +9.1% |
| December 19, 2025 | +7.9% | +1.5% | +8.9% | +17.9% |
| November 17, 2025 | +0.8% | −1.8% | −1.5% | −13.8% |
Fundamentals
Who owns it
Funds buying and selling- Reported value
- $12.1M
- Institutions reporting
- 20
- Shares held vs prior quarter
- ▲ 19.0%
- Positions opened / closed
- 4 / 6
| Manager | Value | Shares | Share of 13F value | Shares QoQ |
|---|---|---|---|---|
| Softvest Advisors, LLC | $8.4M | 925K | 69.4% | ▲ 32.5% |
| Ashton Thomas Private Wealth, LLC | $2.2M | 240K | 18.0% | ▲ 5.2% |
| Beacon Pointe Advisors, LLC | $626,400 | 69K | 5.2% | ▲ 10.3% |
| Morgan Stanley | $189,671 | 21K | 1.6% | ▲ 239.2% |
| Welch Group, LLC | $150,535 | 17K | 1.2% | ▲ 12.1% |
| Waddell & Associates, LLC | $143,867 | 16K | 1.2% | ▲ 0.9% |
| Xtx Topco Ltd | $99,115 | 11K | 0.8% | New |
| Susquehanna International Group, LLP | $96,556 | 11K | 0.8% | New |
| O'Shaughnessy Asset Management, LLC | $96,339 | 11K | 0.8% | New |
| UBS Group AG | $68,252 | 8K | 0.6% | ▼ 0.2% |
| Wells Fargo & Company | $17,920 | 2K | 0.1% | 0.0% |
| Harbour Investments, Inc. | $16,272 | 2K | 0.1% | 0.0% |
From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Cross Timbers Royalty Trust's complete shareholder register. Values are as reported by the filers .
Insider trading activity
Full insider history and chart| Insider | Date | Trade | Shares | Price | Value |
|---|---|---|---|---|---|
| Oliver Eric L 10% owner | October 13, 2026 | Buy | 1,377 | $12.23 | $16,841 |
| Oliver Eric L 10% owner | October 12, 2026 | Buy | 4,817 | $12.00 | $57,804 |
| Oliver Eric L 10% owner | October 8, 2026 | Buy | 6,041 | $11.99 | $72,432 |
| Oliver Eric L 10% owner | October 7, 2026 | Buy | 1,318 | $11.49 | $15,144 |
| Oliver Eric L 10% owner | September 11, 2026 | Buy | 16,360 | $11.46 | $187,486 |
| Softvest, Lp 10% owner | September 9, 2026 | Buy | 7,134 | $11.29 | $80,543 |
| Softvest, Lp 10% owner | September 8, 2026 | Buy | 6,142 | $10.94 | $67,193 |
| Softvest, Lp 10% owner | September 4, 2026 | Buy | 5,473 | $10.90 | $59,656 |
| Softvest, Lp 10% owner | September 3, 2026 | Buy | 790 | $10.67 | $8,429 |
| Softvest Gp I, Llc 10% owner | September 2, 2026 | Buy | 2,289 | $10.63 | $24,332 |
| Softvest Gp I, Llc 10% owner | September 1, 2026 | Buy | 3,947 | $10.51 | $41,483 |
| Oliver Eric L 10% owner | August 14, 2026 | Buy | 9,609 | $10.44 | $100,318 |
From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.
Trades by members of Congress
All 8 trades and filingsNo trades in Cross Timbers Royalty Trust disclosed in the last 12 months; 8 earlier trades on record.
- Virginia FoxxSale (full), $15,001 - $50,000, traded January 17, 2024, filed February 5, 2024
- Virginia FoxxPurchase, $1,001 - $15,000, traded December 8, 2023, filed January 4, 2024
- Virginia FoxxPurchase, $1,001 - $15,000, traded November 29, 2023, filed December 5, 2023
Earnings dates and SEC filings
Results announcements
- October 20, 2026
- September 18, 2026
- August 21, 2026
- July 21, 2026
- June 18, 2026
- May 18, 2026
Recent SEC filings
- 8-K Current report
- 8-K Current report
- 8-K Current report
- 10-Q Quarterly report
- 8-K Current report
- 8-K Current report
- 8-K Current report
- 10-Q Quarterly report
Data status
| Data | Last updated | Source |
|---|---|---|
| Share price | Exchange closing prices | |
| News and updates | Company releases and SEC 8-K filings | |
| Analyst estimates | Aggregated analyst estimates | |
| Valuation and scores | Our models, from the filed figures |
Cross Timbers Royalty Trust in brief
- What does Cross Timbers Royalty Trust do?
- Cross Timbers Royalty Trust is a US-listed company in the oil & gas exploration & production industry. Its financial year ends in December.
- What is Cross Timbers Royalty Trust's stock ticker?
- Cross Timbers Royalty Trust trades under the ticker CRT on NYSE. This page brings together its financial statements, valuation models, ownership and recent company updates.
- Who are Cross Timbers Royalty Trust's largest institutional shareholders?
- By value reported in 13F filings for June 30, 2026, the largest reported holders are Softvest Advisors, LLC, Ashton Thomas Private Wealth, LLC and Beacon Pointe Advisors, LLC. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
- Are insiders buying or selling Cross Timbers Royalty Trust stock?
- Over the last 12 months, Cross Timbers Royalty Trust's directors and officers reported 39 open-market purchases and 0 sales on Form 4. The insider trading page charts every trade.
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