---
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"
generated_at: "2026-06-01T13:56:07.881222+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-062300
- JSON: https://secwatch.observer/filing/0000950170-24-062300.json
- Plain text: https://secwatch.observer/filing/0000950170-24-062300.txt

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