Hugoton Royalty Stock Hits New 52-Week Low (HGT)

NEW YORK ( TheStreet) -- Hugoton Royalty (NYSE: HGT) hit a new 52-week low Wednesday as it is currently trading at $13.77, below its previous 52-week low of $13.82 with 107,526 shares traded as of 2:15 p.m. ET. Average volume has been 330,600 shares over the past 30 days.

Hugoton Royalty has a market cap of $561.6 million and is part of the basic materials sector and energy industry. Shares are down 25.5% 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 an 80% net profits interests in certain natural gas producing working interest properties of XTO Energy Inc. XTO Energy Inc. engages in the production and sale of oil and gas. XTO Energy Inc. The company has a P/E ratio of 9.1, below the average energy industry P/E ratio of 10.1 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Hugoton Royalty as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself and disappointing return on equity. You can view the full Hugoton Royalty Ratings Report.

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