HUGOTON ROYALTY TRUST DECLARES MARCH CASH DISTRIBUTION

DALLAS, March 21, 2023 /PRNewswire/ -- Hugoton Royalty Trust (the "Trust") (OTCQB:HGTXU) announced today a cash distribution to the holders of its units of beneficial interest of $0.120066 per unit, payable on April 14, 2023, to unitholders of record on March 31, 2023. The following table shows underlying gas and oil sales and average prices attributable to the net overriding royalty for both the current month and prior month. Underlying gas and oil sales volumes attributable to the current month were primarily produced in January.