{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-127877","form_type":"8-K","ticker":"HGTXU","cik":"0000862022","company_name":"HUGOTON ROYALTY TRUST","filed_at":"2024-11-18T23:59:59+00:00","discovered_at":"2026-05-14T18:03:11.171687+00:00","generated_at":"2026-05-29T23:28:53.229745+00:00","sec_items":["2.02","9.01"],"event_type":"other","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Hugoton Royalty Trust skips Nov 2024 distribution; excess costs top $10.4M","bullets":["No cash distribution for November 2024 due to excess cost positions on all three conveyances.","Cash reserve reduced by $4,000 for trust expenses; replenishment required before future distributions.","Current month gas sales 648,000 Mcf at $2.68/Mcf vs prior 719,000 Mcf at $4.09/Mcf.","Cumulative excess costs: Kansas $1.24M, Oklahoma $1.79M, Wyoming $7.33M.","Four non-operated wells in OK incurred $10.4M development costs ($8.3M net to Trust)."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-127877","json":"https://secwatch.observer/filing/0000950170-24-127877.json","markdown":"https://secwatch.observer/filing/0000950170-24-127877.md","text":"https://secwatch.observer/filing/0000950170-24-127877.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/862022/000095017024127877/0000950170-24-127877-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/862022/000095017024127877/hgt_8-k_2411_distributio.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-29T23:28:53.229745+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"}