Guy Adami quite bullish on HGT today, a natural gas stock I'd never heard of, so I'm taking a look.
Hugton Royalty Trust (HGT)
Profit margin: 97.83%
Operating margin: 97.83%
Return on Assets: 17.47%
Return on Equity: 28.70%
Revenue: 41.30M
Quarterly Revenue Growth (yoy): 192.50%
Quarterly Earnings Growth (yoy): 203.10%
Total Cash: 5.65M
Total Debt: 0.00
Shares Outstanding: 40.00M
Float: 38.82M
% held by Insiders: 0.59%
% held by Institutions: 21.80%
CFO, XTO Energy Inc.: Louis Baldwin n/a
Summary: As a trust, HGT trades a bit differently, but these numbers are astounding, even more so with the tiny float. But I'm still curious.
Business summary:
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. engages in the production and sale of oil and gas, and holds working interests in the Hugoton area, which covers Texas, Oklahoma, and Kansas; the Anadarko Basin of western Oklahoma; and the Green River Basin located in southwestern Wyoming. Hugoton Royalty Trust was founded in 1998 and is based in Dallas, Texas.
Hard to argue with the numbers and the chart appears to be bullish. I'm adding HGT to my list and now have 40 natty gassers on it.
HGT 3-month chart (daily)
No comments:
Post a Comment