HUGOTON ROYALTY TRUST (HGTXU) Form SCHEDULE 13D — Nov 10, 2026
John P. Wandel Jr., a Texas oil and gas operator, filed a Schedule 13D disclosing beneficial ownership of 2,073,914 Units of Hugoton Royalty Trust, roughly 5.2% of the 40 million Units outstanding. Wandel acquired the stake via open-market purchases using personal funds, spending $227,260.47 in total, including 1,320,980 Units (about $112,990.67) bought between September 11 and October 30, 2026 at prices of $0.07 to $0.10 per Unit.
Key figures
- Shares Outstanding
- 40000000
- Event Date
- 2026-10-30
- Units Owned
- 2073914
- Percent Owned
- 5.2%
- Recent Purchase Price Range
- $0.07-$0.10 per Unit
- Units Purchased Last60 Days
- 1320980
AI analysis
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