January 19, 2018 / 9:32 PM / 4 months ago

BRIEF-Hugoton Royalty Trust Declares No January Cash Distribution

Jan 19 (Reuters) - Hugoton Royalty Trust:

* HUGOTON ROYALTY TRUST DECLARES NO JANUARY CASH DISTRIBUTION AND GIVES NOTICE OF TENTATIVE XTO SETTLEMENT AMOUNT

* HUGOTON ROYALTY TRUST - SOUTHWEST BANK DECLARED THERE WOULD NOT BE A CASH DISTRIBUTION TO HOLDERS OF UNITS OF BENEFICIAL INTEREST FOR JAN 2018

* HUGOTON ROYALTY TRUST - XTO ENERGY ADVISED TRUSTEE IT HAS REACHED TENTATIVE SETTLEMENT WITH PLAINTIFFS IN CHIEFTAIN CLASS ACTION ROYALTY CASE

* HUGOTON ROYALTY TRUST - ‍XTO ENERGY INFORMED TRUSTEE ON JAN 17, IT BELIEVES THAT PORTION OF SETTLEMENT THAT RELATES TO TRUST IS AS MUCH AS $20 MILLION​ Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below