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Side-by-side financial comparison of CROSS TIMBERS ROYALTY TRUST (CRT) and PERMIAN BASIN ROYALTY TRUST (PBT). Click either name above to swap in a different company.
Cross Timbers Royalty Trust is a US-based passive royalty trust that holds royalty interests in producing onshore oil and natural gas properties primarily located in Texas, Oklahoma, and New Mexico. It earns revenue from royalty payments tied to the production and sale of these energy resources, distributing most of its net income to unit holders regularly.
The Permian Basin Royalty Trust is a United States oil and natural gas royalty trust based in Dallas, Texas. With a market capitalization of US $790,000,000, and an average daily trading volume of about 186,000 shares at the end of 2007, it was one of the largest royalty trusts in the United States. Its source of revenue is oil and gas pumped from the geologic formation for which it is named, the Permian Basin in west Texas, as well as a few locations in other parts of the state.
