$HGTXU skips May distribution as excess costs pile up across all assets. New operator Mach takes over, but cumulative excess costs now total $15.7M. Late 10-Q filing and auditor dismissal add to the chaos. Another month, another missed distribution – cash reserves tapped for expenses. Bearish storm clouds thickening.
https://www.sec.gov/Archives/edgar/data/862022/000095017025074114/hgt_8-k_2505_distributio.htm
I found you an Oversold RSI (Relative Strength Index) on the daily chart of Hugoton Royalty Trust. Is that bullish or bearish? $HGTXU #RsiOversold #OTCQB
$HGTXU (Hugoton Royalty Trust, an oil/gas royalty trust) declares NO March cash distribution due to excess costs across all assets. Cash reserves dipped $28K for expenses. OK saw partial cost recovery, but cumulative excess costs remain high: $1.75M (KS), $2.24M (OK), $8.18M (WY). $8.4M net development costs charged for 6 new wells. Ongoing financial strain limits distributions until reserves rebuild. Bearish near-term outlook given persistent cost overhang.
Link: https://www.prnewswire.com/news-releases/hugoton-royalty-trust-declares-no-march-cash-distribution-302405541.html
I found you an Oversold RSI (Relative Strength Index) on the daily chart of Hugoton Royalty Trust. Is that bullish or bearish? $HGTXU #RsiOversold #OTCQB
I found you an Overbought RSI (Relative Strength Index) on the daily chart of Hugoton Royalty Trust. Is that bullish or bearish? $HGTXU #RsiOverbought #OTCQB
$HGTXU $HGT sold for a loss. Bought this stock as a dividend play and then stop giving dividend. Also, It was hard to liquidate due to stock trading activity. GLTA
$HGTXU HUGOTON ROYALTY TRUST DECLARES NO OCTOBER CASH DISTRIBUTION
https://www.stocktitan.net/news/HGTXU/hugoton-royalty-trust-declares-no-october-cash-8uzs9o25pmbv.html
