To: Jeff Jordan who wrote (9906 ) 3/7/2001 6:16:48 PM From: hobo Read Replies (1) | Respond to of 10876 Neat screen thanks.... A comparison and study at a glance for HGT and SJT ____________ HGT: What does the company do? Hugoton Royalty Trust was formed by Cross Timbers Oil Company to pay royalties to shareholders based on the proceeds of sales from its oil and gas holdings. Payouts depend on oil and gas prices, the volume of gas and oil produced, and production and other costs. The trust receives 80% of the net proceeds from Cross Timbers' properties, located in the Hugoton fields of Oklahoma and Kansas, the Anadarko Basin of Oklahoma, and the Green River Basin of Wyoming. These properties contain about 91% natural gas and 9% oil reserves. Hugoton is one of several royalty trusts formed by the oil and gas company since 1980. Cross Timbers owns almost 60% of the trust. schwab.com |,00.html Just keep on clicking on the "next arrow" SJT: What does the company do? You won't find any crowned heads of state in this royalty trust. San Juan Basin Royalty Trust owns working and royalty interests in oil and gas properties in the San Juan Basin of northwestern New Mexico. Carved from interests owned by Southland Royalty (now part of Burlington Resources Oil & Gas) in 1980, its holding consists of a 75% interest in about 152,000 productive acres in San Juan, Rio Arriba, and Sandoval Counties. The property contains nearly 3,000 producing wells with proved reserves of about 420,000 barrels of oil and nearly 200 billion cu. ft. of natural gas. schwab.com |,00.html I like these, I am going to increase my short put position in XTO (cross timbers oil, who owns 60 % of HGT), and I may even initiate position on the underlying itself Am I too late already ? hmmm Natural gas price environment may say there still time left on these, the option premiums will help me here.