DALLAS — Hugoton Royalty Trust (HGTXU) on Tuesday reported break-even earnings in its first quarter.
The Dallas-based company said it had profit that was less than 1 cent on a per-share basis.
The express trust for XTO Energy with profit interets in its natural gas assets posted revenue of $137,000 in the period.
The company’s shares closed at 50 cents. A year ago, they were trading at 66 cents.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HGTXU at https://www.zacks.com/ap/HGTXU