{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-216783","form_type":"8-K","ticker":"HGTXU","cik":"0000862022","company_name":"HUGOTON ROYALTY TRUST","filed_at":"2023-08-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.812731+00:00","generated_at":"2026-06-11T06:40:22.750339+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Hugoton Royalty Trust declares no August 2023 cash distribution; excess costs remain high","bullets":["No cash distribution for August 2023 due to excess cost positions on all three conveyances; cash reserve reduced by $158,000 for expenses.","Underlying gas sales 729,000 Mcf at $2.51/Mcf; oil 12,000 bbls at $68.03/bbl (June production).","Cumulative excess costs: Kansas $492K, Oklahoma $7.064M, Wyoming $639K; Oklahoma likely to grow with ~$14.6M Chieftain charge.","Development costs of $8.7M ($6.9M net to Trust) charged for three non-operated wells in Major County, Oklahoma.","Arbitration final hearing on disputed net proceeds for 2014-2019 & 2021 scheduled for Nov 8, 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-216783","json":"https://secwatch.observer/filing/0001193125-23-216783.json","markdown":"https://secwatch.observer/filing/0001193125-23-216783.md","text":"https://secwatch.observer/filing/0001193125-23-216783.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/862022/000119312523216783/0001193125-23-216783-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/862022/000119312523216783/d546858d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T06:40:22.750339+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"}