---
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"
generated_at: "2026-05-19T02:17:06.990427+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Hugoton Royalty Trust declares no June 2025 cash distribution; excess costs mount on all three net profits interests

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- 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/862022/000095017025088302/0000950170-25-088302-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/862022/000095017025088302/hgt_8-k_2506_distributio.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-088302
- JSON: https://secwatch.observer/filing/0000950170-25-088302.json
- Plain text: https://secwatch.observer/filing/0000950170-25-088302.txt

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