{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-25-088302","form_type":"8-K","ticker":"HGTXU","cik":"0000862022","company_name":"HUGOTON ROYALTY TRUST","filed_at":"2025-06-20T23:59:59+00:00","discovered_at":"2026-05-14T18:02:51.500297+00:00","generated_at":"2026-05-19T02:17:06.990427+00:00","sec_items":["2.02","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Hugoton Royalty Trust declares no June 2025 cash distribution; excess costs mount on all three net profits interests","bullets":["No monthly distribution for June 2025; cash reserve reduced by $17,000 for Trust expenses.","Underlying gas sales 719,000 Mcf at $3.31/Mcf; oil 16,000 Bbls at $61.82/Bbl.","Kansas excess costs +$164K to $2.031M cumulative; Oklahoma +$713K to $5.910M; Wyoming +$406K to $9.171M.","Mach deducted $1.922M production expense and $1.996M overhead in royalty calculation; no new development costs booked.","Grant Thornton appointed as new independent auditor effective for fiscal year 2025."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-25-088302","json":"https://secwatch.observer/filing/0000950170-25-088302.json","markdown":"https://secwatch.observer/filing/0000950170-25-088302.md","text":"https://secwatch.observer/filing/0000950170-25-088302.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/862022/000095017025088302/0000950170-25-088302-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/862022/000095017025088302/hgt_8-k_2506_distributio.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-19T02:17:06.990427+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"}