HUGOTON ROYALTY TRUST DECLARES JUNE CASH DISTRIBUTION

DALLAS, June 20, 2023 /PRNewswire/ -- Argent Trust Company, as Trustee of the Hugoton Royalty Trust (the "Trust") (OTCQB:HGTXU) announced today a cash distribution to the holders of its units of beneficial interest of $0.000653 per unit, payable on July 17, 2023, to unitholders of record on June 30, 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 April.