{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-25-098239","form_type":"8-K/A","ticker":"HGTXU","cik":"0000862022","company_name":"HUGOTON ROYALTY TRUST","filed_at":"2025-07-24T23:59:59+00:00","discovered_at":"2026-05-14T18:02:46.512682+00:00","generated_at":"2026-05-18T02:56:40.346198+00:00","sec_items":["2.02","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Hugoton Royalty Trust declares no July cash distribution; corrects production month and Kansas excess costs","bullets":["No cash distribution for July 2025 due to excess costs on all three net profits interests.","Underlying May production: gas 51,000 Mcf at $5.11/Mcf, oil 5,000 bbl at $60.55/bbl.","Cumulative excess costs: Kansas $2,316K (+$273K revised), Oklahoma $7,302K, Wyoming $10,206K.","Overhead transition to Mach caused one-time dual charges; expected to normalize by August.","Trust engaged Grant Thornton as new auditor; Q1 10-Q still delayed; seeking OTCQB relisting."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-25-098239","json":"https://secwatch.observer/filing/0000950170-25-098239.json","markdown":"https://secwatch.observer/filing/0000950170-25-098239.md","text":"https://secwatch.observer/filing/0000950170-25-098239.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/862022/000095017025098239/0000950170-25-098239-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/862022/000095017025098239/hgt_8-ka_2507_distrib_co.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-18T02:56:40.346198+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"}