Hugoton Royalty Trust (NYSE:HGT)
Operates an express trust in the United States.
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I've owned this one for a while due to it having been spun off by XTO (I didn't know where it came from or what the heck it was when it showed up in my little Ameritrade account!) Since about $22, I think. Shoulda recommened it then, huh...?
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I think this will be a good pick, because they have a srong track record, and a fairly low cap, which means they have alot of room to grow.
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express trust that is sound
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XTO passing on royalties
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US gas and oil company producing good results and profits year after year
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Oil & Gas Royalty trust paying high monthly dividend. Moving with strong demand in energy.
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STOCK HAS GOOD PE, IS CURRENTLYYIELDING BETTER THAN 8% DIVIDEND (THAT APPEARS TO BE SECURE) IN A MARKET WHERE GOOD DIVIDEND PAYING STOCKS ARE RECEIVING GREATER ATTENTION
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natural gas royalty trust...XTO CEO is stakeholder with 1.7% stake in the firm....80% of HGT royalties come from XTO properties....XTO has major stake in the Barnett Shale strip....
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with raising oil prices and a slow turn over for new and more efficent ways to heat homes etc. and other energy alternatives. natural gas may prove to play a more vital role in the long run.
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Dividend income
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Oversoold on bearish natural gas sentiment. Colder weather will return this winter and along with it price of natural gas will rise, expected dividend and price will follow.
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as XTO goes so does this issue
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