Cross Timbers Royalty Trust (CRT) Stock

WALTHAM, Mass.--(BUSINESS WIRE)--Naveris, Inc., the leader in precision oncology diagnostics for viral-induced cancers, today announced the presentation of new data at the 66th Annual Meeting of the American Society for Radiation Oncology (ASTRO), taking place September 29 – October 2, 2024, in Washington, D.C.. These presentations will showcase the role of the NavDx® test, the first and only clinically validated circulating Tumor Tissue Modified Viral (TTMV®)-HPV DNA blood test, in the managem.

I am moving towards an overweight position in REITs, including CT REIT, due to decreasing interest rates and expected earnings growth. CT REIT's FFO and AFFO remain strong, with a 3.6% AFFO increase, despite higher interest expenses, thanks to rent hikes and new income-producing properties. CT REIT's dividend yield is 6.03%, with a healthy payout ratio of 73%, and a history of gradually increasing distributions.

DENVER, June 11, 2024 (GLOBE NEWSWIRE) -- SeaStar Medical Holding Corporation (Nasdaq: ICU), a commercial-stage medical device company developing proprietary solutions to reduce the consequences of hyperinflammation on vital organs, announces that its patented, cell-directed, extracorporeal Selective Cytopheretic Device (SCD) is being featured in two presentations at the 42 nd Vicenza Course AKI-CRRT-ECOS and Critical Care Nephrology conference today, June 11, 2024. The International Vicenza Course – a scientific program that integrates industry-sponsored symposia, meet-the-expert sessions and short presentations – is being held June 11-13 in Vicenza, Italy.

CT REIT maintains a strong relationship with its main tenant, Canadian Tire, providing stability and reducing the risk of store vacancies. The REIT's earnings report for the first quarter of 2024 showed a strong increase in net operating income, funds from operations, and adjusted funds from operations. Despite potential increases in refinancing rates, CT REIT's conservative distribution payout ratio and increasing earnings make it an attractive investment option.

DALLAS , May 20, 2024 /PRNewswire/ -- Argent Trust Company, as Trustee of the Cross Timbers Royalty Trust (the "Trust") (NYSE:CRT), today declared a cash distribution to the holders of its units of beneficial interest of $0.058252 per unit, payable on June 14, 2024, to unitholders of record on May 31, 2024. The following table shows underlying oil and gas sales and average prices attributable to the current month and prior month distributions.

CT Real Estate Investment Trust (CTRRF) Q4 2023 Earnings Call Transcript

The latest monthly distribution is $0.115323. Production and prices dropped from the prior month for both natural gas and oil. The monthly news releases lack needed data for investors to make rational investment decisions.

Cross Timbers Royalty Trust stock has underperformed the S&P 500 since my latest article, shedding 15% while the index remained flat. However, the stock remains risky. The outlook for oil and gas markets suggests lower prices in the upcoming years due to the shift towards renewable energy sources.

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