Argent Trust Company declared a cash distribution of $0.016418 per unit for September 15, 2025.
Waddell Ranch properties have an ongoing excess cost position.
Texas Royalty Properties saw increased production but lower pricing for oil and gas.
Cash Distribution
$0.016418 per unit payable on September 15, 2025.
Waddell Ranch Excess Costs
Ongoing excess cost position due to Production Costs exceeding Gross Proceeds.
Texas Royalty Properties
Net Profit of $971,212 in August with a net contribution of $922,651 to distribution.
- Production and pricing variations affected revenues for the Trust.
- General and Administrative Expenses deducted for the month.
- Market conditions impacting pricing for domestic production uncertainties.
Future distributions may be influenced by market conditions and production variations. Litigation proceedings with Blackbeard have been ongoing.