{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-075532","form_type":"8-K","ticker":"HGTXU","cik":"0000862022","company_name":"HUGOTON ROYALTY TRUST","filed_at":"2023-03-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:48.302011+00:00","generated_at":"2026-06-17T22:42:54.841704+00:00","sec_items":["2.02","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Hugoton Royalty Trust declares $0.120066 March distribution; arbitration ruling may cut future payouts","bullets":["Cash distribution of $0.120066/unit payable Apr 14, record Mar 31.","Underlying gas sales 742,000 Mcf at $12.78/Mcf; oil 12,000 Bbls at $76.03.","XTO Energy deducts $17k development, $1.414M production, $1.01M overhead.","Arbitration panel ruled ~$14.6M net to Trust from Chieftain settlement may be charged as excess cost, risking no Oklahoma distributions.","Arbitration on 2014-2019 & 2021 claims recommenced; hearing date pending."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-075532","json":"https://secwatch.observer/filing/0001193125-23-075532.json","markdown":"https://secwatch.observer/filing/0001193125-23-075532.md","text":"https://secwatch.observer/filing/0001193125-23-075532.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/862022/000119312523075532/0001193125-23-075532-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/862022/000119312523075532/d466573d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-17T22:42:54.841704+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"}