{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-062300","form_type":"8-K","ticker":"HGTXU","cik":"0000862022","company_name":"HUGOTON ROYALTY TRUST","filed_at":"2024-05-20T23:59:59+00:00","discovered_at":"2026-05-14T18:03:22.165362+00:00","generated_at":"2026-06-01T13:56:07.881222+00:00","sec_items":["2.02","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Hugoton Royalty Trust declares no May 2024 cash distribution due to excess costs","bullets":["No May 2024 distribution; cash reserve reduced by $21k for expenses.","Kansas excess costs up $127k to $1.193M; Oklahoma up $128k to $1.669M.","Wyoming excess costs up $1.183M to $3.834M; includes $102k accrued interest.","Four non-operated wells in OK: $7.5M net development costs charged to Trust.","Arbitration panel rules ~$14.6M of Chieftain settlement chargeable as cost, likely halting OK distributions."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-062300","json":"https://secwatch.observer/filing/0000950170-24-062300.json","markdown":"https://secwatch.observer/filing/0000950170-24-062300.md","text":"https://secwatch.observer/filing/0000950170-24-062300.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/862022/000095017024062300/0000950170-24-062300-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/862022/000095017024062300/hgt_8-k_2405_distributio.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-01T13:56:07.881222+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"}