---
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"
generated_at: "2026-05-18T02:56:40.346198+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Hugoton Royalty Trust declares no July cash distribution; corrects production month and Kansas excess costs

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-098239
- JSON: https://secwatch.observer/filing/0000950170-25-098239.json
- Plain text: https://secwatch.observer/filing/0000950170-25-098239.txt

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