Hugoton Royalty Trust (HGTXU)
OTC PINK OTC PINK Primary Summary
Hugoton Royalty Trust Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| TEL Timothy E. Ladin Price Jennifer C. | 190,440 | $325,652.4 | $36,183.6 | -$289,468.8 | -88.89% |
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Hugoton Royalty Trust Profile
| Oil, Gas & Consumable Fuels Industry | Energy Sector | - CEO | OTC PINK Exchange | 444717102 CUSIP |
| US Country | - Employees | 29 Jun 2023 Last Dividend | - Last Split | 9 Apr 1999 IPO Date |
Overview
Hugoton Royalty Trust operates as an express trust based in the United States, specifically founded in 1998 with its headquarters in Dallas, Texas. The trust's primary focus is on natural gas, where it commands a significant presence through holding 80% net profits interests in several working interest properties that are actively producing natural gas. These properties are strategically located across Kansas, Oklahoma, and Wyoming, making Hugoton Royalty Trust a notable entity in the natural gas sector within these states.
Products and Services
The core offerings of Hugoton Royalty Trust are concentrated around the natural gas sector, with the main product being the management and distribution of profits generated from its natural gas producing properties. Below is a detailed explanation of their primary services:
- Net Profits Interests in Natural Gas Properties: The Trust holds an 80% net profits interest in multiple natural gas producing working interest properties. This means Hugoton Royalty Trust receives 80% of the net profits generated from these properties, which are then distributed to the trust's beneficiaries. These properties span across Kansas, Oklahoma, and Wyoming, leveraging the rich natural gas reserves in these regions.
