Isopatch have you seen this? They are finally getting good coin for their NG!! While I have a chunk of HGT I have a lot more TRU. TRU pays an even higher dividend, at least prior to this month. Both have been climbing very nicely the last few months, and should continue to do so for the remainder of the year.
Hugoton Royalty Trust Declares Cash Distribution
DALLAS, Aug. 21 /PRNewswire/ -- Bank of America, N.A., as Trustee of the Hugoton Royalty Trust (NYSE: HGT - news), today declared a cash distribution to the holders of its units of beneficial interest of $0.170475 per unit, payable on September 15, 2000, to unit holders of record on August 31, 2000. Gas production for the properties from which the royalty was carved, which is primarily attributable to June, totaled approximately 2,958,000 Mcf. The average gas price was $3.95 per Mcf. Development costs for the month were $1,334,000, production expense was $1,022,000 and overhead was $756,000. |
