Major Shareholder Boosts Stake in Cross Timbers Royalty Trust

Eric Oliver increases ownership in the oil and gas royalty trust by 0.5%

Apr. 17, 2026 at 11:04am

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A high-contrast, black-and-white close-up image of industrial oil and gas equipment, such as pipes, valves, and pumps, conveying the physical, mechanical nature of the energy sector that underpins royalty trusts.The intricate machinery and infrastructure that powers the oil and gas industry is a key driver of the royalty income generated by trusts like Cross Timbers.Palo Pinto Today

Eric Oliver, a major shareholder of Cross Timbers Royalty Trust (NYSE:CRT), has purchased an additional 3,747 shares of the company's stock. The transaction, which occurred on April 15, 2026, increased Oliver's ownership stake in the oil and gas royalty trust by 0.5% to a total of 758,212 shares valued at nearly $8 million.

Why it matters

Insider buying activity can often signal a shareholder's confidence in a company's future prospects. Oliver's increased stake in Cross Timbers Royalty Trust suggests he believes the trust's underlying oil and gas assets will continue generating stable royalty income for unitholders.

The details

Oliver acquired the 3,747 additional shares at an average price of $10.48 per share, resulting in a total transaction value of $39,268.56. Following the purchase, Oliver now directly owns 758,212 shares in the company, representing a 0.5% increase in his ownership position.

  • The share purchase transaction occurred on Wednesday, April 15, 2026.

The players

Eric Oliver

A major shareholder of Cross Timbers Royalty Trust who has increased his ownership 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, primarily located in several Texas counties.

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The takeaway

Oliver's increased investment in Cross Timbers Royalty Trust suggests he sees long-term value in the trust's oil and gas royalty assets, which could signal positive expectations for the company's future performance and distributions to unitholders.