NEW YORK (
) -- The ex-dividend date for
) is tomorrow, February 24, 2011. Owners of shares as of market close today will be eligible for a dividend of 12 cents per share. At a price of $21.30 as of 9:30 a.m. ET, the dividend yield is 6.8%.
The average volume for Hugoton Royalty has been 159,800 shares per day over the past 30 days. Hugoton Royalty has a market cap of $857.2 million and is part of the
industry. Shares are up 3.8% year to date as of the close of trading on Tuesday.
Hugoton Royalty Trust operates as an express trust in the United States. It holds a 80% net profits interests in certain natural gas producing working interest properties of XTO Energy Inc. XTO Energy Inc. The company has a P/E ratio of 14, equal to the average energy industry P/E ratio and below the S&P 500 P/E ratio of 23.2.
TheStreet Ratings rates Hugoton Royalty as buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, increase in stock price during the past year and compelling growth in net income. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. You can view the full