---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-073455"
form_type: "8-K"
ticker: "HGTXU"
cik: "0000862022"
company_name: "HUGOTON ROYALTY TRUST"
filed_at: "2025-05-16T23:59:59+00:00"
generated_at: "2026-05-21T04:07:18.780747+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Hugoton Royalty Trust dismisses PwC as auditor; 2023-2024 reports had going-concern note

## Summary
- Effective May 13, 2025, the Trust dismissed PricewaterhouseCoopers as its independent registered public accounting firm.
- PwC's reports for fiscal years 2024 and 2023 contained no adverse opinion but included a going-concern explanatory paragraph.
- No disagreements with PwC on accounting principles, financial statement disclosure, or audit scope during the two most recent fiscal years.
- Trust is currently seeking a new independent auditor and will file a Form 8-K/A when appointed.
- PwC furnished a letter to the SEC, filed as Exhibit 16.1, agreeing with the Trust's disclosures.

## SEC filing metadata
- accession: 0000950170-25-073455
- form_type: 8-K
- ticker: HGTXU
- cik: 0000862022
- company_name: HUGOTON ROYALTY TRUST
- filed_at: 2025-05-16T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 4.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/862022/000095017025073455/0000950170-25-073455-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/862022/000095017025073455/hgt_-_dismissal_of_audit.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-073455
- JSON: https://secwatch.observer/filing/0000950170-25-073455.json
- Plain text: https://secwatch.observer/filing/0000950170-25-073455.txt

## Key facts
- Auditor Changes
  HUGOTON ROYALTY TRUST dismissed PricewaterhouseCoopers LLP as its auditor.
  - Action: dismissal
  - Auditor: PricewaterhouseCoopers LLP
  source text: On May 13, 2025, Hugoton Royalty Trust (the “Trust”) dismissed PricewaterhouseCoopers LLP (“PwC”) as its independent registered public accounting firm.
  evidence_url: https://www.sec.gov/Archives/edgar/data/862022/000095017025073455/0000950170-25-073455-index.htm

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