Hugoton Royalty Trust skips Jan. distribution & updates on XTO settlement amount [Seeking Alpha]
HUGOTON ROYALTY TRUST (HGT)
US:NYSE Investor Relations:
hgt-hugoton.com
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Source: Seeking Alpha
Hugoton Royalty Trust skips Jan. distribution & updates on XTO settlement amountSouthwest Bank, as Trustee of the Hugoton Royalty Trust (NYSE:HGT) today declared there would not be a cash distribution to the holders of its units of beneficial interest for the month of Jan. 2018.XTO Energy informed the Trustee on Jan. 17, 2018, that it believes that the portion of the settlement that relates to the Trust is as much as $20M.The settlement requires final approval by a judge, which is expected to occur in late Q118.Shares-38% AHPress ReleaseSee all stocks on the move »Now read:Pengrowth Energy: Discerning The Future Of A Fallen Giant »
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