---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-104674"
form_type: "8-K"
ticker: "HGTXU"
cik: "0000862022"
company_name: "HUGOTON ROYALTY TRUST"
filed_at: "2023-04-18T23:59:59+00:00"
generated_at: "2026-06-17T01:04:23.637021+00:00"
event_type: "dividend"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Hugoton Royalty Trust declares $0.012363 per unit cash distribution for April 2023; provides arbitration update

## Summary
- Cash distribution of $0.012363 per unit payable May 12, 2023 to holders of record April 28, 2023.
- Underlying gas sales volume 776,000 Mcf at average price $4.83/Mcf; oil sales 13,000 Bbls at $74.37/Bbl.
- Development costs of $1.5 million net to Trust charged for first non-operated well in Major County, Oklahoma.
- Arbitration panel ruled $48 million of Chieftain settlement allocable to Trust; estimated $14.6 million net excess cost.
- Excess costs of $104,000 on Kansas and $143,000 on Oklahoma net profits interests remain unrecovered.

## SEC filing metadata
- accession: 0001193125-23-104674
- form_type: 8-K
- ticker: HGTXU
- cik: 0000862022
- company_name: HUGOTON ROYALTY TRUST
- filed_at: 2023-04-18T23:59:59+00:00
- event_type: dividend
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/862022/000119312523104674/0001193125-23-104674-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/862022/000119312523104674/d677606d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-104674
- JSON: https://secwatch.observer/filing/0001193125-23-104674.json
- Plain text: https://secwatch.observer/filing/0001193125-23-104674.txt

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