---
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"
generated_at: "2026-05-29T23:28:53.229745+00:00"
event_type: "other"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Hugoton Royalty Trust skips Nov 2024 distribution; excess costs top $10.4M

## Summary
- 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).

## SEC filing metadata
- 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
- event_type: other
- 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/862022/000095017024127877/0000950170-24-127877-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/862022/000095017024127877/hgt_8-k_2411_distributio.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-127877
- JSON: https://secwatch.observer/filing/0000950170-24-127877.json
- Plain text: https://secwatch.observer/filing/0000950170-24-127877.txt

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