Workflow
HUGOTON ROYALTY TRUST DECLARES NO JANUARY CASH DISTRIBUTION
CASHPathward Financial(CASH) Prnewswire·2025-01-21 21:00

DALLAS, Jan. 21, 2025 /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 2025 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 $12,000 for the payment of Trust expenses. To the extent net profits income is received in future months, the Trustee ant ...