Headlines about Cross Timbers Royalty Trust (NYSE:CRT) have been trending somewhat positive this week, according to Accern Sentiment. Accern rates the sentiment of media coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Cross Timbers Royalty Trust earned a daily sentiment score of 0.11 on Accern’s scale. Accern also gave headlines about the oil and gas company an impact score of 46.3464193026692 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Cross Timbers Royalty Trust traded down $0.06, reaching $15.17, on Friday, Marketbeat Ratings reports. The company’s stock had a trading volume of 19,796 shares, compared to its average volume of 13,276. Cross Timbers Royalty Trust has a 1-year low of $12.99 and a 1-year high of $15.72. The stock has a market cap of $91.38 million, a price-to-earnings ratio of 13.72 and a beta of 0.49.
Cross Timbers Royalty Trust (NYSE:CRT) last posted its earnings results on Thursday, May 10th. The oil and gas company reported $0.34 earnings per share (EPS) for the quarter. Cross Timbers Royalty Trust had a return on equity of 85.03% and a net margin of 75.41%. The firm had revenue of $2.28 million during the quarter.
The company also recently disclosed a monthly dividend, which will be paid on Tuesday, August 14th. Stockholders of record on Tuesday, July 31st will be given a dividend of $0.1251 per share. This is a boost from Cross Timbers Royalty Trust’s previous monthly dividend of $0.12. This represents a $1.50 annualized dividend and a dividend yield of 9.89%. The ex-dividend date is Monday, July 30th.
Separately, TheStreet raised Cross Timbers Royalty Trust from a “c+” rating to a “b-” rating in a research note on Friday, July 20th.
About Cross Timbers Royalty Trust
Cross Timbers Royalty Trust operates as an express trust in the United States. It holds 90% net profits interests in certain producing and nonproducing royalty and overriding royalty interest properties in Texas, Oklahoma, and New Mexico; and 75% net profits interests in certain working interest properties in Texas and Oklahoma.
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