{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-098918","form_type":"8-K","ticker":"HGTXU","cik":"0000862022","company_name":"HUGOTON ROYALTY TRUST","filed_at":"2024-08-20T23:59:59+00:00","discovered_at":"2026-05-14T18:03:16.067334+00:00","generated_at":"2026-05-31T08:36:12.022458+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 skips August cash distribution; cumulative excess costs exceed $10M","bullets":["No August 2024 distribution due to excess cost positions on all three net profits conveyances.","Cumulative excess costs: Kansas $1.384M, Oklahoma $3.113M, Wyoming $5.832M (incl. interest).","Settlement with XTO values Chieftain claim at $18.1M to XTO, overhead claims at $17.3M to Trust, net $830K to XTO.","Trust reduced cash reserve by $91K for expenses; expects to replenish before future distributions.","Underlying sales: 650K Mcf gas at $2.40/Mcf, 20K Bbl oil at $74.93/Bbl (June production)."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-098918","json":"https://secwatch.observer/filing/0000950170-24-098918.json","markdown":"https://secwatch.observer/filing/0000950170-24-098918.md","text":"https://secwatch.observer/filing/0000950170-24-098918.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/862022/000095017024098918/0000950170-24-098918-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/862022/000095017024098918/hgt_8-k_2408_distributio.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T08:36:12.022458+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"}