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Palo Pinto Today
By the People, for the People
Cross Timbers Royalty Trust Major Shareholder Boosts Stake
Eric Oliver increases ownership in the oil and gas royalty trust by over 0.6%
Apr. 12, 2026 at 10:06am
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An intricate web of industrial machinery represents the complex financial infrastructure behind a major oil and gas royalty trust.Palo Pinto TodayCross Timbers Royalty Trust (NYSE:CRT), a Delaware statutory trust that holds royalty interests in onshore oil and natural gas properties, announced that major shareholder Eric Oliver purchased an additional 4,585 shares of the company's stock. The transaction, valued at $48,096.65, increased Oliver's ownership stake in the trust by 0.64% to 715,910 shares worth approximately $7.5 million.
Why it matters
Insider transactions, especially by major shareholders, can provide insights into a company's future prospects. Oliver's increased investment in Cross Timbers Royalty Trust suggests he sees value in the trust's underlying oil and gas assets and expects the stock price to rise.
The details
The shares were purchased by Oliver on April 7th at an average price of $10.49 per share. This transaction follows Cross Timbers Royalty Trust's recent Q1 earnings report, which showed a 23% increase in earnings per share compared to the prior year period.
- The share purchase transaction occurred on April 7, 2026.
- Cross Timbers Royalty Trust released its Q1 2026 earnings report on March 27, 2026.
The players
Eric Oliver
A major shareholder of Cross Timbers Royalty Trust who increased his ownership stake in the company by 0.64% through a recent stock purchase.
Cross Timbers Royalty Trust
A Delaware statutory trust that holds royalty interests in a portfolio of onshore oil and natural gas properties located primarily in Texas.
What’s next
Investors will likely monitor whether Eric Oliver continues to increase his stake in Cross Timbers Royalty Trust, as his actions could signal his confidence in the company's future performance.
The takeaway
This insider transaction highlights the potential upside in Cross Timbers Royalty Trust as a play on rising oil and gas prices. The trust's business model of collecting royalties on producing wells provides a steady stream of income, making it an attractive investment for those seeking exposure to the energy sector.
