Fri, Oct 24, 2014, 9:09 AM EDT - U.S. Markets open in 21 mins.


% | $
Quotes you view appear here for quick access.

Hugoton Royalty Trust Message Board

  • neilfe99 neilfe99 Jan 31, 2013 3:04 PM Flag

    HGT - After May - The Stock should be BELOW 7

    Assuming nat gas under $3 and if HGT loses the legal proceedings in full, there will be no dividends for 5 years plus, the stock would quickly be back to $5. The yield on this trust has usually averaged under 5% given the volatile nature of the commodity, so in a best case scenario with the legal case and assuming they can double the dividend to 12 cents a quarter, the upside is $12.

    Given where the stock is trading right now - the market is putting an almost 50% probability that HGT wins the legal case. I think the odds are much closer to 20-25% - which brings us to $6.75

    Knowing nothing else, i would not want to own this until it hits 7

    Sentiment: Hold

    SortNewest  |  Oldest  |  Most Replied Expand all replies
9.15Oct 23 4:00 PMEDT

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.