Cross Timbers Royalty Trust
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Energy : Oil, Gas & Consumable Fuels | Small Cap Blend
Company profile

Cross Timbers Royalty Trust (the Trust) is an express trust. The net profits interests are the principal asset of the Trust. The Trust receives net profits income from the net profit interests generally on the last business day of each month. The net profits interests comprise of approximately 90% net profits interests, which are carved from producing royalty and overriding royalty interest properties in Texas, Oklahoma and New Mexico, and 11.11% nonparticipating royalty interests in nonproducing properties located primarily in Texas and Oklahoma; and the approximately 75% net profits interests which are carved from working interests in four properties in Texas and three properties in Oklahoma. Its underlying royalties, underlying nonproducing royalties and underlying working interest properties are owned by XTO Energy. The underlying properties include approximately 2,900 producing properties in Texas, Oklahoma and New Mexico.

Closing Price
$22.12
Day's Change
-0.171 (-0.77%)
Bid
--
Ask
--
B/A Size
--
Day's High
22.76
Day's Low
21.30
Volume
(Heavy Day)
Volume:
54,473

10-day average volume:
37,670
54,473

Introducing Sub Mini, the Curvy Subwoofer that Drops Big Beats

9:00 am ET September 13, 2022 (BusinessWire) Print

Sonos (Nasdaq: SONO) today announced Sonos Sub Mini, the wireless subwoofer that sets a new standard in its category for powerful, balanced bass. Building on the award-winning design of Sub, Sub Mini delivers rich, clear low end in a more compact, cylindrical design. Available in matte black and white, Sub Mini will be available globally starting October 6 at $429.

"We've entered a more thoughtful era of streaming that prioritizes quality over quantity, with creators and platforms investing in immersive entertainment experiences that put premium sound at the forefront," said Maxime Bouvat-Merlin, SVP for Hardware and Operations at Sonos. "Sub Mini is a welcome addition to the Sonos family, rounding out our home theater product line-up so listeners can experience cinema quality sound that makes them feel like the main character - or player - in their favorite content."

Small but Mighty: Sub Mini Boosts Bass Across Movies, Music, Gaming and More

On the heels of introducing two new soundbars - Beam and Ray - Sonos is expanding its home theater lineup even further with Sub Mini, the brand's new subwoofer that makes it easier than ever to supercharge your streaming experiences.

Bass without the Buzzkill: Dual custom woofers and advanced processing generate deep, dynamic low end with no buzz or rattle, helping you feel more immersed in every scene and song. Within the acoustically sealed cabinet, both woofers face inward to create a force-canceling effect that neutralizes distortion. Balanced Sound: Advanced digital signal processing maximizes bass response and reproduces the full-toned low frequencies expected from a much larger subwoofer, allowing paired speakers like Beam, Ray, One, or One SL to focus on more mid-range and high frequencies for a richer, more powerful sound experience all around. Pairs Well With...: Drum up the drama in every movie scene by pairing Beam or Ray with Sub Mini, or drop it even lower on your at-home dance floor by making Sub Mini your Sonos One's plus one. Looking Great at Every Angle: Unlike other subwoofers, Sub Mini features a round design that allows it to blend naturally into your home aesthetic without taking too much space (or attention). Seamless Set-Up: Add Sub Mini to your Sonos system in just a few taps on the Sonos app, mixing and matching with different Sonos speakers to create your perfect sound system, whether you're hosting a housewarming party or movie night with friends. You can also fine tune Sub Mini's sound with Trueplay, which detects and adapts the speaker's sound for reflections off of walls and furniture, giving you the best listening experience for your room and setup.

Sub Mini will be available globally starting October 6 at $429. For more information, please visit Sonos.com or follow along on @sonos.

About Sonos

Sonos (Nasdaq: SONO) is the world's leading sound experience company. As the inventor of multi-room wireless home audio, Sonos innovation helps the world listen better by giving people access to the content they love and allowing them to control it however and wherever they choose. Known for delivering an unparalleled sound experience, thoughtful design aesthetic, simplicity of use, and an open platform, Sonos makes the breadth of audio content available to anyone. Sonos is headquartered in Santa Barbara, California. Learn more at www.sonos.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220913005243/en/

SOURCE: Sonos">

Tanya Elm
PR@sonos.com
comtex tracking

COMTEX_414318094/1006/2022-09-13T09:00:03

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