---
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"
generated_at: "2026-05-31T08:36:12.022458+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 skips August cash distribution; cumulative excess costs exceed $10M

## Summary
- 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).

## SEC filing metadata
- 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
- 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/862022/000095017024098918/0000950170-24-098918-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/862022/000095017024098918/hgt_8-k_2408_distributio.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-098918
- JSON: https://secwatch.observer/filing/0000950170-24-098918.json
- Plain text: https://secwatch.observer/filing/0000950170-24-098918.txt

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