---
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"
generated_at: "2026-05-18T05:29:12.463357+00:00"
event_type: "dividend"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Hugoton Royalty Trust Declares No July 2025 Cash Distribution Due to Excess Costs

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: dividend
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-097105
- JSON: https://secwatch.observer/filing/0000950170-25-097105.json
- Plain text: https://secwatch.observer/filing/0000950170-25-097105.txt

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