Framework Journal · one stock, one dated entry

Recorded 2026-07-19 · Permanent

Cross Timbers Royalty Trust CRT

Clears both ethical standards

An entry written while the outcome is still unknown. It will be scored by what the market does next, and it will never be edited to look cleverer than it was.

In plain words · Cross Timbers Royalty Trust operates as an express trust in the United States.

The label
Distribution

read at $9.86

Cross Timbers Royalty Trust holds its Distribution at $9.86.

PHINPOOPSC
  • PHPhase · the trend structure carries the Distribution label
  • INInsiders · insiders bought, latest filing 2026-06-24
  • POPositioning · no disclosures inside 60 days, left as found
  • OPOptions · no verdict drawn today, left as found
  • SCScreen · passes the values gate
  • edge confirmed
  • edge broken
  • edge forming

Each arm is one independent read. Conviction is not a single call, it is how many edges converge.

The investor read · the season, not the day

As held on the ledger · 2026-07-19
PhaseDistribution · caution
Quantitative stateThe statistical read favours the buyers, held for 1 days
Price$9.86
Valuation18.26 trailing · N/A forward price to earnings
Values screenPASS · score 70.0
Beta-0.02

The business, in plain words · what the numbers mean

The fundamentals · plain-English read
Trailing P/E18.3x
reasonably valued
Revenue growth-61.9%
revenue is shrinking
Profit margin71.2%
highly profitable on every dollar of sales
Return on equity143.6%
an exceptional return on shareholder capital
Current ratio1.00
adequate liquidity, worth monitoring
Beta-0.02
barely tracks the market's swings
Market cap$59M

The risks · The things to watch: it's a small-cap, so the share price can swing harder than the market.

Plain-English interpretation of our own screen data. Analysis, not advice.

Related securities · others in CRT's space worth a look

Screened names in the same industry · explore each on its own page.

The trader read · the latest dated commentary

The framework reads accumulation. Smart money appears to be quietly building positions. This typically precedes a markup phase. Price has moved down 8.6% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows modest positive risk-adjusted returns. Our composite framework grades it B, carrying a low risk profile. Technically it is holding around 24% above its long-term trend line with momentum reading neutral. Over the past year the shares are up 17%. Our forward projection puts the odds of a 10% gain over the next month near 20%. Insiders have been net buyers over the past quarter. Entered 2026-07-25 · Accumulation

The dated journal · newest first, never edited

2026-07-25 Accumulation $9.86 -8.6% Entry 4

The framework reads accumulation. Smart money appears to be quietly building positions. This typically precedes a markup phase. Price has moved down 8.6% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows modest positive risk-adjusted returns. Our composite framework grades it B, carrying a low risk profile. Technically it is holding around 24% above its long-term trend line with momentum reading neutral. Over the past year the shares are up 17%. Our forward projection puts the odds of a 10% gain over the next month near 20%. Insiders have been net buyers over the past quarter.

2026-07-18 Accumulation $10.79 +0.0% Entry 3

The framework reads accumulation. Smart money appears to be quietly building positions. This typically precedes a markup phase. Price has moved down 0.0% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows modest positive risk-adjusted returns. Our composite framework grades it B, carrying a low risk profile. Technically it is holding around 24% above its long-term trend line with momentum reading neutral. Over the past year the shares are up 17%. Our forward projection puts the odds of a 10% gain over the next month near 20%.

2026-07-03 Accumulation $10.79 +0.0% Entry 2

The framework reads accumulation. Smart money appears to be quietly building positions. This typically precedes a markup phase. Price has moved down 0.0% since our last review. Ethical screening: PASS with passing ethical screen (70). The risk-adjusted return profile shows modest positive risk-adjusted returns.

2026-07-02 Accumulation $10.79 Entry 1

The framework reads accumulation. Smart money appears to be quietly building positions. This typically precedes a markup phase. Ethical screening: PASS with passing ethical screen (70). The risk-adjusted return profile shows modest positive risk-adjusted returns.

Each entry above was written on its date, before the outcome. A journal you can prune is not a journal.

The insider ledger · Form 4 filings, as filed

Most recent filings · CRT
DateInsiderTitleTypeSharesValue
2026-06-24 Oliver Eric L 10% Purchase 7,774 $1

Public filings, recorded as found. The full tape lives at Insider Intelligence.

What holding actually paid · price plus dividends

If $1,000 had been placed · historical, not a promise
PeriodPrice thenPrice returnDivs per share$1,000 becameTotal return
1 month $10.56 +2.3% $0.03 $1,026 +2.6%
2 months $10.30 +4.8% $0.10 $1,058 +5.8%
3 months $9.86 +9.6% $0.10 $1,106 +10.6%
6 months $7.88 +37.0% $0.30 $1,408 +40.8%
1 year $9.21 +17.3% $0.52 $1,229 +22.9%
2 years $11.80 -8.5% $1.44 $1,037 +3.7%
3 years $19.09 -43.4% $2.77 $711 -28.9%
5 years $6.56 +64.7% $6.53 $2,643 +164.3%

Historical returns from market close data. Past performance does not guarantee future results.

This entry now belongs to the ledger. Whatever CRT does next, these words stay.

Cross Timbers Royalty Trust · CRT · Distribution · $9.86
Recorded 2026-07-19 · before the outcome · scored mechanically

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