Cross Timbers Royalty Trust (NYSE:CRT)
CAPS Rating:
An express trust whose principal activity is to hold net profit interests in natural gas producing working interest properties owned by XTO Energy Inc.
An express trust whose principal activity is to hold net profit interests in natural gas producing working interest properties owned by XTO Energy Inc.
Recs
Troubles in natural gas industry can not continue forever. Sooner or later natural gas will become so cheap compered to coal and oil that it will become interesting also on the demand side. The price of oil is rising so natural gas gets more and more attractive even without further decline in gas prices.