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Hugoton Royalty Trust (OTCQB:HGTXU), a $16.6 million market cap company, resumed trading on the OTCQB market as of Thursday after regaining compliance with listing requirements, according to a press release statement based on a recent SEC filing. The stock currently trades at $0.41, showing strong momentum with a 2.9% gain over the past week.
The trust, managed by Argent Trust Company, had previously been moved to the OTC Pink market following a delay in filing its first quarter Form 10-Q. The trust subsequently filed its quarterly reports for the periods ending March 31, 2025, and June 30, 2025, on July 28 and August 13, respectively. With these filings, Hugoton Royalty Trust is now current with its obligations under the Securities Exchange Act of 1934. InvestingPro data reveals the trust has experienced significant revenue decline, with analysts forecasting continued sales pressure in the current year.
Argent Trust Company submitted all necessary materials for relisting, and the application was approved. The trust’s units began trading again on the OTCQB under the ticker HGTXU on August 21.
This information is based on a press release statement included in a recent SEC filing.
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