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Dorchester Hugoton, Ltd. (DHULZ) Message Board

  • rrb1981 rrb1981 Apr 18, 2001 4:51 PM Flag

    Doesn't DHULZ have a block of XOM stock

    I imagine if anyone would know this it would be JAVELIN. I can't remember where I came across it but it seemed like they had 64000 shares of XOM stock. I own several other MLP's and it seems that this wouldn't be an expense they could slip past regulations but maybe its an investment for future insurance. I know that SFF royalty trust has one $20 zero coupon for every outstanding share and when the trust dissolves everyone gets a matured $20 zero bond for every share that they held. Of course the shares are trading at around 22 so its basically a return on capital plus any dividends(really distributions) collected between now and whenever it expires.

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