secwatch.observer — SEC 8-K summary
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Issuer:     HUGOTON ROYALTY TRUST (HGTXU)
CIK:        0000862022
Form:       8-K
Filed at:   2025-05-16T23:59:59+00:00
Accession:  0000950170-25-073455
Event type: other_material
Sentiment:  negative
Materiality: 0.65
Item codes: 4.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/862022/000095017025073455/0000950170-25-073455-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/862022/000095017025073455/hgt_-_dismissal_of_audit.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-073455

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