---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-108263"
form_type: "8-K"
ticker: "HGTXU"
cik: "0000862022"
company_name: "HUGOTON ROYALTY TRUST"
filed_at: "2024-09-20T23:59:59+00:00"
generated_at: "2026-05-31T03:23:38.871463+00:00"
event_type: "dividend"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Hugoton Royalty Trust skips September 2024 monthly cash distribution due to excess costs

## Summary
- No distribution declared for September 2024; cash reserve reduced by $42,000 for expenses.
- Excess costs on Kansas conveyances: $1,420,000 (incl. $86,000 interest); Oklahoma: $2,847,000 (incl. $344,000 interest).
- Wyoming excess costs: $6,263,000 (incl. $240,000 interest); Oklahoma partially recovered $289,000 but no proceeds remained.
- Four non-operated wells in Major County, OK: cumulative development costs $10.2M underlying ($8.1M net to Trust).
- Underlying July production sales: gas 737,000 Mcf at $2.80/Mcf; oil 15,000 bbls at $75.57/bbl.

## SEC filing metadata
- accession: 0000950170-24-108263
- form_type: 8-K
- ticker: HGTXU
- cik: 0000862022
- company_name: HUGOTON ROYALTY TRUST
- filed_at: 2024-09-20T23:59:59+00:00
- event_type: dividend
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/862022/000095017024108263/0000950170-24-108263-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/862022/000095017024108263/hgt_8-k_2409_distributio.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-108263
- JSON: https://secwatch.observer/filing/0000950170-24-108263.json
- Plain text: https://secwatch.observer/filing/0000950170-24-108263.txt

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