Somewhat Positive News Coverage Somewhat Unlikely to Impact Cross Timbers Royalty Trust (CRT) Stock

News stories about Cross Timbers Royalty Trust (NYSE:CRT) have been trending somewhat positive recently, according to Accern Sentiment Analysis. The research firm ranks the sentiment of press coverage by reviewing more than 20 million news and blog sources in real-time. 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 media sentiment score of 0.23 on Accern’s scale. Accern also assigned headlines about the oil and gas company an impact score of 47.0297657024049 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

Cross Timbers Royalty Trust traded down $0.06, hitting $14.25, during trading hours on Friday, MarketBeat reports. 7,717 shares of the company traded hands, compared to its average volume of 11,439. Cross Timbers Royalty Trust has a one year low of $12.99 and a one year high of $15.72. The stock has a market cap of $85.86 million, a PE ratio of 12.89 and a beta of 0.51.

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Cross Timbers Royalty Trust (NYSE:CRT) last issued its quarterly earnings data on Thursday, May 10th. The oil and gas company reported $0.34 earnings per share for the quarter. Cross Timbers Royalty Trust had a return on equity of 71.13% and a net margin of 92.01%. The business had revenue of $2.28 million for the quarter.

The business also recently disclosed a monthly dividend, which will be paid on Monday, July 16th. Shareholders of record on Friday, June 29th will be paid a dividend of $0.12 per share. This represents a $1.44 annualized dividend and a yield of 10.11%. The ex-dividend date of this dividend is Thursday, June 28th.

Cross Timbers Royalty Trust Company Profile

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.