---
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"
generated_at: "2026-05-30T12:40:07.425671+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Hugoton Royalty Trust declares no October 2024 cash distribution due to excess costs

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- 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/862022/000095017024115902/0000950170-24-115902-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/862022/000095017024115902/hgt_8-k_2410_distributio.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-115902
- JSON: https://secwatch.observer/filing/0000950170-24-115902.json
- Plain text: https://secwatch.observer/filing/0000950170-24-115902.txt

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