NEW YORK, Aug. 27, 2018 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 10,000 U.S. and global
securities, today announced Hugoton Royalty Trust (OTCQX: HGTXU), an express trust created under the laws of Texas pursuant to the Hugoton Royalty Trust Royalty Trust Indenture, has qualified to trade on the OTCQX®
Best Market. Hugoton Royalty Trust previously traded on the New York Stock Exchange.
Hugoton Royalty Trust begins trading today on OTCQX under the symbol "HGTXU." U.S. investors can find current financial
disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.
"We are pleased to welcome Hugoton Royalty Trust to the OTCQX Best Market," said Jason
Paltrowitz, Executive Vice President of Corporate Services at OTC Markets Group. "Trading on OTCQX will allow Hugoton
Royalty Trust to provide an investor-friendly trading experience, and a transparent, cost-effective alternative to a U.S. stock
exchange listing."
"We are pleased for the Hugoton Royalty Trust to be part of the OTCQX Best Market and for the Trust Units to begin trading on
OTCQX," said Ron Hooper, Senior Vice President of Simmons Bank,
Trustee of the Hugoton Royalty Trust.
About Hugoton Royalty Trust
Hugoton Royalty Trust is an express trust created under the laws of Texas pursuant to the
Hugoton Royalty Trust Royalty Trust Indenture entered into on December 1, 1998 between XTO Energy
Inc. (formerly known as Cross Timbers Oil Company), as grantor, and NationsBank, N.A., as Trustee. The Trust holds 80% net
profits interests in certain predominantly gas-producing properties located in Kansas,
Oklahoma and Wyoming. Simmons
Bank is now the Trustee of the Trust. For more information on the Trust, please visit its web site
at www.hgt-hugoton.com.
About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates the OTCQX® Best Market, the OTCQB® Venture Market and the
Pink® Open Market for 10,000 U.S. and global securities. Through OTC Link® ATS and OTC Link ECN, we connect a diverse
network of broker-dealers that provide liquidity and execution services. We enable investors to easily trade through the
broker of their choice and empower companies to improve the quality of information available for investors.
To learn more about how we create better informed and more efficient markets, visit www.otcmarkets.com.
OTC Link ATS and OTC Link ECN are operated by OTC Link LLC, member FINRA/SIPC and SEC regulated ATS.
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OTC Markets Group Inc., +1 (212) 896-4428, media@otcmarkets.com
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SOURCE OTC Markets Group Inc.