{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-25-097105","form_type":"8-K","ticker":"HGTXU","cik":"0000862022","company_name":"HUGOTON ROYALTY TRUST","filed_at":"2025-07-21T23:59:59+00:00","discovered_at":"2026-05-14T18:02:46.512889+00:00","generated_at":"2026-05-18T05:29:12.463357+00:00","sec_items":["2.02","9.01"],"event_type":"dividend","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Hugoton Royalty Trust Declares No July 2025 Cash Distribution Due to Excess Costs","bullets":["Cash reserve reduced by $31,000 for expenses; no July distribution to unitholders.","Excess costs: Kansas $2,316,000, Oklahoma $7,302,000, Wyoming $10,206,000 including accrued interest.","Mach charged $5,000 development, $968,000 production expense, and $1,526,000 overhead for July calculation.","Trust appointed Grant Thornton as new auditor; Q1 10-Q delayed; OTCQB listing moved to OTC Pink.","Underlying gas sales 51,000 Mcf at $5.11/Mcf and oil 5,000 bbls at $60.55/bbl for current month."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-25-097105","json":"https://secwatch.observer/filing/0000950170-25-097105.json","markdown":"https://secwatch.observer/filing/0000950170-25-097105.md","text":"https://secwatch.observer/filing/0000950170-25-097105.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/862022/000095017025097105/0000950170-25-097105-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/862022/000095017025097105/hgt_8-k_2507_distributio.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud","generated_at":"2026-05-18T05:29:12.463357+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"}