---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-169942"
form_type: "8-K"
ticker: "HGTXU"
cik: "0000862022"
company_name: "HUGOTON ROYALTY TRUST"
filed_at: "2023-06-20T23:59:59+00:00"
generated_at: "2026-06-13T22:07:00.108729+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Hugoton Royalty Trust declares $0.000653/unit distribution; arbitration hearing Nov 8, 2023

## Summary
- Cash distribution of $0.000653/unit, payable July 17, 2023 to holders of record June 30, 2023.
- Gas sales volume 863K Mcf at $3.18/Mcf; oil 11K Bbls at $75.94/Bbl. Prior month: gas $4.43/Mcf, oil $71.76/Bbl.
- Development costs of $2.4M ($1.9M net) charged for three non-operated wells in Oklahoma.
- Excess costs: Kansas $179K ($2K interest), Oklahoma $1.147M; cumulative excess likely to reduce future Okla. distributions.
- Arbitration final hearing on remaining net proceeds dispute scheduled Nov 8, 2023; $14.6M net charge from Chieftain settlement.

## SEC filing metadata
- accession: 0001193125-23-169942
- form_type: 8-K
- ticker: HGTXU
- cik: 0000862022
- company_name: HUGOTON ROYALTY TRUST
- filed_at: 2023-06-20T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- 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/862022/000119312523169942/0001193125-23-169942-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/862022/000119312523169942/d519675d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-169942
- JSON: https://secwatch.observer/filing/0001193125-23-169942.json
- Plain text: https://secwatch.observer/filing/0001193125-23-169942.txt

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