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HUGOTON ROYALTY TRUST (HGTXU) Form SCHEDULE 13D — Nov 10, 2026

$HGTXUForm SCHEDULE 13DFiled Nov 10, 2026, 7:35 PM ET0002159114-26-000001Original filing

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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AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.