Hugoton Realty Trust +20% on arbitration victory


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.

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