---
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"
generated_at: "2026-06-01T04:13:15.555160+00:00"
event_type: "dividend"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Hugoton Royalty Trust declares no June 2024 distribution; excess costs remain

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: dividend
- 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/862022/000095017024074059/0000950170-24-074059-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/862022/000095017024074059/hgt_8-k_2406_distributio.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-074059
- JSON: https://secwatch.observer/filing/0000950170-24-074059.json
- Plain text: https://secwatch.observer/filing/0000950170-24-074059.txt

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