secwatch.observer — SEC 8-K summary
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Issuer:     HUGOTON ROYALTY TRUST (HGTXU)
CIK:        0000862022
Form:       8-K
Filed at:   2025-07-21T23:59:59+00:00
Accession:  0000950170-25-097105
Event type: dividend
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/862022/000095017025097105/0000950170-25-097105-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/862022/000095017025097105/hgt_8-k_2507_distributio.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-097105

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