Hugoton Royalty Trust (HGT) Earning Somewhat Positive Press Coverage, Report Shows
Media headlines about Hugoton Royalty Trust (NYSE:HGT) have been trending somewhat positive recently, Accern reports. The research firm identifies positive and negative news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Hugoton Royalty Trust earned a news impact score of 0.18 on Accern’s scale. Accern also gave news articles about the oil and gas company an impact score of 42.7736366864 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Hugoton Royalty Trust (NYSE:HGT) traded down $0.09 during trading on Friday, reaching $1.56. The company’s stock had a trading volume of 616,840 shares, compared to its average volume of 58,231. Hugoton Royalty Trust has a 1-year low of $1.50 and a 1-year high of $2.50. The stock has a market cap of $66.00, a price-to-earnings ratio of 13.75 and a beta of -0.19.
The business also recently disclosed a monthly dividend, which will be paid on Thursday, December 14th. Shareholders of record on Thursday, November 30th will be given a $0.007 dividend. This represents a $0.08 annualized dividend and a yield of 5.38%. The ex-dividend date is Wednesday, November 29th. This is a positive change from Hugoton Royalty Trust’s previous monthly dividend of $0.01. Hugoton Royalty Trust’s dividend payout ratio is currently 66.67%.
About Hugoton Royalty Trust
Hugoton Royalty Trust is an express trust. The Company is created pursuant to the Hugoton Royalty Trust Indenture between XTO Energy Inc, as grantor, and NationsBank, N.A., as trustee. Southwest Bank is now the trustee of the trust of the Company. XTO Energy is a subsidiary of Exxon Mobil Corporation.
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