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Hugoton Royalty Trust Message Board

  • rrb1981 rrb1981 Sep 1, 2012 2:02 PM Flag


    Unless the injunction is successful, this looks ike the last appreciable distribution unit holders will recive for a year.

    Looking at the break down of the Wyoming/Kansas/Oklahoma income it looks like the Wyoming conveyance will cover expenes with virtually nothing left...the other troubling issue is that production continues to drop. They really need gas prices to creep upwards toward the $4/mcf range otherwise, in 12-13 will wonder if XTO (Exxon) has any reason to continue anything more than minimal development. Note that monthly development costs have dropped from $850K/month to $500K/month. This is not good for long term production stability. At $4/unit, this is a good dal. At $6 it is a value trap.

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