{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-045829","form_type":"8-K","ticker":"HGTXU","cik":"0000862022","company_name":"HUGOTON ROYALTY TRUST","filed_at":"2024-04-19T23:59:59+00:00","discovered_at":"2026-05-14T18:03:22.165127+00:00","generated_at":"2026-06-03T17:43:22.431496+00:00","sec_items":["2.02","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Hugoton Royalty Trust declares no April 2024 cash distribution due to excess costs","bullets":["No monthly cash distribution for April 2024; cash reserve reduced by $84,000 for trust expenses.","Underlying volumes: 500,000 Mcf gas at $3.45/Mcf, 11,000 Bbls oil at $72.91/Bbl for current month.","Excess costs rose on all three conveyances: Kansas +$29,000 (cum. $1,059K), Oklahoma +$402K ($1,531K), Wyoming +$454K ($2,633K).","Development costs for four non-operated Oklahoma wells total $7.5M net to Trust; fourth well completed Q1 2024.","Arbitration panel: Trust must pay share of $48M Chieftain settlement; estimated $14.6M net chargeable as excess cost."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-045829","json":"https://secwatch.observer/filing/0000950170-24-045829.json","markdown":"https://secwatch.observer/filing/0000950170-24-045829.md","text":"https://secwatch.observer/filing/0000950170-24-045829.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/862022/000095017024045829/0000950170-24-045829-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/862022/000095017024045829/hgt_8-k_2404_distributio.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T17:43:22.431496+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}