NEW YORK ( TheStreet) -- Hugoton Royalty (NYSE: HGT) hit a new 52-week high Friday as it traded at $23.95 compared with its previous 52-Week high of $23.60. Hugoton Royalty is changing hands at $23.90 with 70,729 shares traded as of 11:36 a.m. ET. Average volume has been 168,900 shares over the past 30 days. Hugoton Royalty has a market cap of $935.6 million and is part of the basic materials sector and energy industry. Shares are up 13.1% year to date as of the close of trading on Thursday. 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 15.1, equal to the average energy industry P/E ratio and below the S&P 500 P/E ratio of 16.
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