What is Hugoton Royalty Trust Financial Strength?
Hugoton Royalty Trust has the Financial Strength Rank of 8. It shows strong financial strength and is unlikely to fall into distressed situations.
Good Sign:
Hugoton Royalty Trust shows strong financial strength.
GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors:
1. The debt burden that the company has as measured by its
Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3.
Altman Z-Score.
Hugoton Royalty Trust has no long-term debt (1).
As of today, Hugoton Royalty Trust's Altman Z-Score is 176.13.
(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
Competitive Comparison of Hugoton Royalty Trust's Financial Strength
For the Oil & Gas E&P subindustry, Hugoton Royalty Trust's Financial Strength, along with its competitors' market caps and Financial Strength data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Hugoton Royalty Trust's Financial Strength Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Hugoton Royalty Trust's Financial Strength distribution charts can be found below:
* The bar in red indicates where Hugoton Royalty Trust's Financial Strength falls into.
Hugoton Royalty Trust Financial Strength Calculation
GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors
A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.
1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
Hugoton Royalty Trust's Interest Expense for the
months ended in Dec. 2023 was $0.00 Mil. Its Operating Income for the
months ended in Dec. 2023 was $-0.01 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil.
Hugoton Royalty Trust's Interest Coverage for the quarter that ended in Dec. 2023 is
| Hugoton Royalty Trust had no long-term debt (1). |
The higher the ratio, the stronger the company's financial strength is.
Good Sign:
Hugoton Royalty Trust has no debt.
2. Debt to revenue ratio. The lower, the better.
Hugoton Royalty Trust's Debt to Revenue Ratio for the quarter that ended in Dec. 2023 is
3. Altman Z-Score.
Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.
The zones of discrimination were as such:
When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.
Hugoton Royalty Trust has a Z-score of 176.13, indicating it is in Safe Zones. This implies the Z-Score is strong.
Good Sign:
Altman Z-score of 176.13 is strong.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Hugoton Royalty Trust (Hugoton Royalty Trust) Business Description
Traded in Other Exchanges
N/A
Address
c/o Corporate Trustee, Simmons Bank 2911 Turtle Creek Boulevard, Suite 850, Dallas, TX, USA, 75219
Hugoton Royalty Trust holds net profits interests in oil and gas properties. The underlying properties of the trust include gas-producing properties in the Hugoton area of Oklahoma and Kansas, the Anadarko Basin of Oklahoma, and the Green River Basin of Wyoming. The net profit interests entitle the trust to receive majority of the net proceeds from the sale of oil and gas from the underlying properties.
Executives
| Gary D. Simpson |
officer: Sr VP Investor Rel & Finance, other: Advisory Dir - XTO Energy Inc. |
810 HOUSTON STREET, FORT WORTH TX 76102 |
| Keith A Hutton |
director, officer: President of XTO Energy Inc. |
C/O MORNINGSTAR PARTNERS, L.P., 400 WEST 7TH STREET, FORT WORTH TX 76102 |
| Jack P Randall |
director, other: Director of XTO Energy Inc. |
|
| Adams William H Iii |
director, other: Director of XTO Energy Inc. |
C/O MORNINGSTAR PARTNERS, L.P., 400 WEST 7TH STREET, FORT WORTH TX 76102 |
| Bennie G Kniffen |
other: Sr. VP and Controller XTO |
|
| Louis G Baldwin |
other: EVP-CFO of XTO Energy Inc. |
|
| Lane G Collins |
other: Director of XTO Energy Inc. |
|
| Herbert D Simons |
other: Director of XTO Energy Inc. |
|
| Timothy L Petrus |
other: Exec VP - XTO Energy Inc. |
810 HOUSTON STREET, FORT WORTH TX 76102 |
| Phillip R Kevil |
other: Director-XTO Energy Inc. |
C/O MORNINGSTAR PARTNERS, L.P., 400 WEST 7TH STREET, FORT WORTH TX 76102 |
| Scott G Sherman |
other: Director of XTO Energy Inc. |
|
| Vennerberg Vaughn O Ii |
officer: Exec. VP-Admin. XTO Energy |
|
| Bob R Simpson |
officer: Dir., CEO & Chair XTO Energy |
C/O MORNINGSTAR PARTNERS, L.P., 400 WEST 7TH STREET, FORT WORTH TX 76102 |
Hugoton Royalty Trust (Hugoton Royalty Trust) Headlines
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