{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-074059","form_type":"8-K","ticker":"HGTXU","cik":"0000862022","company_name":"HUGOTON ROYALTY TRUST","filed_at":"2024-06-17T23:59:59+00:00","discovered_at":"2026-05-14T18:03:22.165562+00:00","generated_at":"2026-06-01T04:13:15.555160+00:00","sec_items":["2.02","9.01"],"event_type":"dividend","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Hugoton Royalty Trust declares no June 2024 distribution; excess costs remain","bullets":["No June 2024 cash distribution; all three conveyances in excess cost positions.","Underlying sales: 724,000 Mcf gas at $2.16/Mcf; 19,000 Bbl oil at $77.86/Bbl.","Excess costs: Kansas +$109k to $1.311M; Oklahoma +$438k to $2.120M; Wyoming +$709k to $4.570M.","Chieftain arbitration: panel ruled ~$14.6M net to Trust may be charged as excess cost under Oklahoma conveyance.","Development costs for four non-operated wells in Oklahoma total $7.9M net to Trust; two completed in Q2 2023, others by Q1 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-074059","json":"https://secwatch.observer/filing/0000950170-24-074059.json","markdown":"https://secwatch.observer/filing/0000950170-24-074059.md","text":"https://secwatch.observer/filing/0000950170-24-074059.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/862022/000095017024074059/0000950170-24-074059-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/862022/000095017024074059/hgt_8-k_2406_distributio.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-01T04:13:15.555160+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"}