Hugoton Realty Trust +20% on arbitration victory

|About: Hugoton Royalty Trust (HGT)|By:, SA News Editor

Hugoton Realty Trust (HGT +20.2%) spikes ~20% higher, near a 52-week high, after receiving a positive ruling in its arbitration proceeding against XTO Energy.

HGT receives permanent injunctive relief barring XTO from treating the Fankhouser settlement as a production cost, and is awarded ~$6.1M.