Eric Oliver Increases Stake in Cross Timbers Royalty Trust

Major shareholder buys additional 10,033 shares in oil and gas royalty trust

Apr. 11, 2026 at 9:24am

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An extreme close-up of a polished, industrial oil and gas valve or pump mechanism, representing the financial security and stored wealth of the energy sector.A major shareholder's increased investment in Cross Timbers Royalty Trust signals confidence in the energy company's ability to generate consistent royalty income from its diverse portfolio of oil and gas assets.Palo Pinto Today

Eric Oliver, a major shareholder of Cross Timbers Royalty Trust (NYSE:CRT), has purchased an additional 10,033 shares of the company's stock. The transaction, which occurred on April 8, 2026, increased Oliver's stake in the oil and gas royalty trust to 725,943 shares, valued at $7,549,807.20.

Why it matters

This insider purchase by a large shareholder signals confidence in the company's future performance and potential for growth. Cross Timbers Royalty Trust is a unique investment vehicle that provides unitholders with exposure to a portfolio of oil, natural gas, and natural gas liquids royalty interests in Texas.

The details

Oliver's purchase of 10,033 shares at an average cost of $10.40 per share represents a 1.40% increase in his overall position. The trust's shares have traded in a range of $7.07 to $11.46 over the past year, suggesting Oliver believes the stock is currently undervalued. Cross Timbers Royalty Trust earns revenue by collecting overriding royalty and net profit interests from producing leases in several Texas counties.

  • The share purchase transaction occurred on Wednesday, April 8, 2026.

The players

Eric Oliver

A major shareholder of Cross Timbers Royalty Trust who has increased his stake in the company.

Cross Timbers Royalty Trust

A Delaware statutory trust that holds royalty interests in a portfolio of onshore oil and natural gas properties in Texas.

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The takeaway

This insider purchase by a major shareholder in Cross Timbers Royalty Trust suggests confidence in the company's ability to generate consistent royalty income from its diversified portfolio of oil and gas assets in Texas. The trust's unique structure provides unitholders with a way to gain exposure to the energy sector without the operational risks of direct ownership.