Hugoton Royalty Trust Price, Forecast, Insider, Ratings, Fundamentals & Signals

Dallas , april 19, 2024 /prnewswire/ -- argent trust company, as trustee of the hugoton royalty trust (the "trust") (otcqb: hgtxu) announced today there would not be a cash distribution to the holders of its units of beneficial interest for april 2024 due to the excess cost positions on all three of the trust's conveyances of net profits interests. the trust's cash reserve was reduced by $84,000 for the payment of trust expenses.

Dallas , march 18, 2024 /prnewswire/ -- argent trust company, as trustee of the hugoton royalty trust (the "trust") (otcqb: hgtxu) announced today there would not be a cash distribution to the holders of its units of beneficial interest for march 2024 due to the excess cost positions on all three of the trust's conveyances of net profits interests. the trust's cash reserve was reduced by $179,000 for the payment of trust expenses.

Dallas , feb. 16, 2024 /prnewswire/ -- argent trust company, as trustee of the hugoton royalty trust (the "trust") (otcqb: hgtxu) announced today there would not be a cash distribution to the holders of its units of beneficial interest for february 2024 due to the excess cost positions on all three of the trust's conveyances of net profits interests. the trust's cash reserve was reduced by $26,000 for the payment of trust expenses.

Dallas , jan. 19, 2024 /prnewswire/ -- argent trust company, as trustee of the hugoton royalty trust (the "trust") (otcqb: hgtxu) announced today there would not be a cash distribution to the holders of its units of beneficial interest for january 2024 due to the excess cost positions on all three of the trust's conveyances of net profits interests. the trust's cash reserve was reduced by $19,000 for the payment of trust expenses.

Dallas , dec. 18, 2023 /prnewswire/ -- argent trust company, as trustee of the hugoton royalty trust (the "trust") (otcqb: hgtxu) announced today there would not be a cash distribution to the holders of its units of beneficial interest for december 2023 due to the excess cost positions on all three of the trust's conveyances of net profits interests. the trust's cash reserve was reduced by $106,000 for the payment of trust expenses.

DALLAS, Oct. 19, 2021 /PRNewswire/ -- Simmons Bank, as Trustee of the Hugoton Royalty Trust (OTCQB:HGTXU) (the "Trust"), today declared there would not be a cash distribution to the holders of its units of beneficial interest for October 2021 due to the excess cost positions on all three of the Trust's conveyances of net profits interests. The following table shows underlying gas sales and average prices attributable to the net overriding royalty for both the current month and prior month.

DALLAS, Sept. 20, 2021 /PRNewswire/ -- Simmons Bank, as Trustee of the Hugoton Royalty Trust (OTCQB:HGTXU) (the "Trust"), today declared there would not be a cash distribution to the holders of its units of beneficial interest for September 2021 due to the excess cost positions on all three of the Trust's conveyances of net profits interests.

DALLAS, Aug. 20, 2021 /PRNewswire/ -- Simmons Bank, as Trustee of the Hugoton Royalty Trust (OTCQB:HGTXU) (the "Trust"), today declared there would not be a cash distribution to the holders of its units of beneficial interest for August 2021 due to the excess cost positions on all three of the Trust's conveyances of net profits interests. The following table shows underlying gas sales and average prices attributable to the net overriding royalty for both the current month and prior month.

DALLAS, July 20, 2021 /PRNewswire/ -- Simmons Bank, as Trustee of the Hugoton Royalty Trust (OTCQB:HGTXU) (the "Trust"), today declared there would not be a cash distribution to the holders of its units of beneficial interest for July 2021 due to the excess cost positions on all three of the Trust's conveyances of net profits interests. The following table shows underlying gas sales and average prices attributable to the net overriding royalty for both the current month and prior month.

DALLAS, July 2, 2021 /PRNewswire/ -- Simmons Bank, as trustee (the "Trustee"), of Hugoton Royalty Trust (OTCQB:HGTXU) (the "Trust"), announced today that it has entered into a purchase and sale agreement with XTO Energy Inc. ("XTO Energy") pursuant to which XTO Energy would, subject to the terms and conditions in the purchase and sale agreement, acquire for $6,600,000 in cash the net overriding royalty interest created pursuant to the net overriding royalty conveyances held by the Trust and certain other assets constituting substantially all of the assets of the Trust. The consummation of the sale of the assets is subject to the satisfaction of customary closing conditions, including either approval of the sale from holders of units of beneficial interest in the Trust ("Units") holding Units representing eighty percent (80%) or more of all the Units outstanding or a final judicial determination authorizing the Trustee to consummate the sale of the assets.

DALLAS, June 18, 2021 /PRNewswire/ --  Simmons Bank, as Trustee of the Hugoton Royalty Trust (OTCQB:HGTXU) (the "Trust"), today declared there would not be a cash distribution to the holders of its units of beneficial interest for June 2021 due to the excess cost positions on all three of the Trust's conveyances of net profits interests. The following table shows underlying gas sales and average prices attributable to the net overriding royalty for both the current month and prior month.

DALLAS, May 20, 2021 /PRNewswire/ -- Simmons Bank, as Trustee of the Hugoton Royalty Trust (OTCQB:HGTXU) (the "Trust"), today announced that the second interim final award has been issued by the arbitration panel (the "Panel") with respect to the Trustee's arbitration with XTO Energy Inc. ("XTO Energy") over the amount of XTO Energy's settlement in the Chieftain class action lawsuit that can be charged to the Trust as a production cost. The Panel in its decision has ruled that out of the $80 million settlement, the "Trust is obligated to pay its share under the Conveyance of the $48 million that was received by the plaintiffs in the Chieftain lawsuit by virtue of the settlement of that litigation.

DALLAS, May 18, 2021 /PRNewswire/ -- Simmons Bank, as Trustee of the Hugoton Royalty Trust (OTCQB:HGTXU) (the "Trust"), today declared there would not be a cash distribution to the holders of its units of beneficial interest for May 2021 due to the excess cost positions on all three of the Trust's conveyances of net profits interests. The following table shows underlying gas sales and average prices attributable to the net overriding royalty for both the current month and prior month.

DALLAS, April 20, 2021 /PRNewswire/ -- Simmons Bank, as Trustee of the Hugoton Royalty Trust (OTCQB:HGTXU) (the "Trust"), today declared there would not be a cash distribution to the holders of its units of beneficial interest for April 2021 due to the excess cost positions on all three of the Trust's conveyances of net profits interests. The following table shows underlying gas sales and average prices attributable to the net overriding royalty for both the current month and prior month.

DALLAS, March 19, 2021 /PRNewswire/ -- Simmons Bank, as Trustee of the Hugoton Royalty Trust (OTCQB: HGTXU) (the "Trust"), today declared there would not be a cash distribution to the holders of its units of beneficial interest for March 2021 due to the excess cost positions on all three of the Trust's conveyances of net profits interests. The following table shows underlying gas sales and average prices attributable to the net overriding royalty for both the current month and prior month.