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Hugoton Royalty Trust

6HR:BER

Hugoton Royalty Trust

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  • Price (EUR)0.600
  • Today's Change0.00 / 0.00%
  • Shares traded1.37k
  • 1 Year change-51.25%
  • Beta--
Data delayed at least 15 minutes, as of Oct 10 2023 07:41 BST.
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About the company

Hugoton Royalty Trust (the Trust) is an express trust, which is created pursuant to the Trust Indenture between XTO Energy Inc. (XTO Energy). XTO Energy conveyed to the Trust 80% net profits interests in certain predominantly natural gas producing working interest properties in Kansas, Oklahoma, and Wyoming under three separate conveyances. The net profits interests entitle the Trust to receive 80% of the net proceeds from the sale of oil and gas from the underlying properties. The net profits interests are the principal asset of the Trust. The Trust collects and distributes to unitholders monthly net profits income related to the 80% net profits interests. XTO Energy is a producer in the Ringwood, Northwest Okeene and Cheyenne Valley fields of Major County, the Northeast Cedardale field of Woodward County and the Elk City field of Beckham County. Argent Trust Company serves as the trustee of the Trust.

  • Revenue in USD (TTM)11.53m
  • Net income in USD11.10m
  • Incorporated1998
  • Employees0.00
  • Location
    Hugoton Royalty TrustC/O Argent Trust Company3838 Oak Lawn Ave., Suite 1720DALLAS 75219-4518United StatesUSA
  • Phone+1 (972) 919-1360
  • Websitehttp://www.hgt-hugoton.com/
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