HGT Profile — Hugoton Royalty Trust (TX)
Hugoton Royalty Trust is an express trust. XTO Energy Inc. (XTO Energy) is the grantor and Simmons Bank is the trustee for Co. As of Dec 31 2017, Co. held 80.0% net profits interests in certain primarily gas-producing working interest properties in Kansas, Oklahoma and Wyoming. The majority of the underlying working interest properties are owned and operated by XTO Energy. As of Dec 31 2017, Co. had total proved reserves attributable to the underlying properties of 1,319 barrels of oil and 118,421,000 cubic feet of gas.