Hugoton Royalty Trust dismisses Grant Thornton as auditor
Hugoton Royalty Trust dismissed Grant Thornton LLP as its independent registered public accounting firm on April 16, 2026. The decision was recommended and approved by Argent Trust Company, the Trustee. Grant Thornton's report for the year ended December 31, 2025, included an explanatory paragraph relating to substantial doubt about the Trust's ability to continue as a going concern, but no disagreements were reported. The Trust is not currently seeking engagement with a new independent registered public accounting firm due to cash constraints.
Key Highlights
- Hugoton Royalty Trust dismissed Grant Thornton LLP on April 16, 2026.
- The decision was approved by Argent Trust Company, the Trustee.
- GT's last report included a 'going concern' explanatory paragraph.
- No disagreements on accounting principles or practices were reported.
- Trust is not seeking a new auditor due to cash constraints.
Price Impact
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