{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-115902","form_type":"8-K","ticker":"HGTXU","cik":"0000862022","company_name":"HUGOTON ROYALTY TRUST","filed_at":"2024-10-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:11.171489+00:00","generated_at":"2026-05-30T12:40:07.425671+00:00","sec_items":["2.02","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Hugoton Royalty Trust declares no October 2024 cash distribution due to excess costs","bullets":["No cash distribution for October 2024; cash reserve reduced by $89,000 for expenses.","Cumulative excess costs: Kansas $1.5M, Oklahoma $1.1M, Wyoming $6.8M (incl. interest).","Underlying gas sales 719,000 Mcf at $4.09/Mcf; oil 24,000 Bbl at $75.13.","XTO Energy charged $10.2M ($8.2M net to Trust) in development costs for four non-operated wells.","Avg gas price inflated by out-of-period plant revenue; excluding it, avg gas would be $1.97/Mcf."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-115902","json":"https://secwatch.observer/filing/0000950170-24-115902.json","markdown":"https://secwatch.observer/filing/0000950170-24-115902.md","text":"https://secwatch.observer/filing/0000950170-24-115902.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/862022/000095017024115902/0000950170-24-115902-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/862022/000095017024115902/hgt_8-k_2410_distributio.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-30T12:40:07.425671+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"}