---
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"
generated_at: "2026-06-03T17:43:22.431496+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Hugoton Royalty Trust declares no April 2024 cash distribution due to excess costs

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-045829
- JSON: https://secwatch.observer/filing/0000950170-24-045829.json
- Plain text: https://secwatch.observer/filing/0000950170-24-045829.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.