---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-139008"
form_type: "8-K"
ticker: "HGTXU"
cik: "0000862022"
company_name: "HUGOTON ROYALTY TRUST"
filed_at: "2024-12-20T23:59:59+00:00"
generated_at: "2026-05-29T00:44:12.742963+00:00"
event_type: "dividend"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Hugoton Royalty Trust suspends December 2024 cash distribution; excess costs persist

## Summary
- No December 2024 cash distribution due to excess cost positions on all three conveyances.
- Cash reserve reduced by $15,000 for Trust expenses; replenishment before future distributions.
- Kansas excess costs $1,377,000 ($114K interest); Oklahoma $1,477,000 ($383K interest); Wyoming $7,799,000 ($377K interest).
- Development costs of $10.4M ($8.3M net to Trust) for four non-operated wells in Oklahoma.
- Underlying Oct production: 791,000 Mcf gas at $2.67/Mcf; 18,000 Bbls oil at $69.27/Bbl.

## SEC filing metadata
- accession: 0000950170-24-139008
- form_type: 8-K
- ticker: HGTXU
- cik: 0000862022
- company_name: HUGOTON ROYALTY TRUST
- filed_at: 2024-12-20T23:59:59+00:00
- event_type: dividend
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/862022/000095017024139008/0000950170-24-139008-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/862022/000095017024139008/hgt_8-k_2412_distributio.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-139008
- JSON: https://secwatch.observer/filing/0000950170-24-139008.json
- Plain text: https://secwatch.observer/filing/0000950170-24-139008.txt

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