{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-237463","form_type":"8-K","ticker":"HGTXU","cik":"0000862022","company_name":"HUGOTON ROYALTY TRUST","filed_at":"2023-09-19T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.812939+00:00","generated_at":"2026-06-10T14:15:47.921902+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 no September 2023 distribution due to excess costs; arbitration update","bullets":["No cash distribution for September 2023; all three conveyances in excess cost positions.","Trust cash reserve reduced by $152,000 for expense payments.","Underlying sales: 778,000 Mcf gas at $3.16/Mcf, 15,000 bbl oil at $72.95/bbl.","Cumulative excess costs: KS $378k, OK $6.914M, WY $809k; potential $14.6M Chieftain charge.","Final arbitration hearing on remaining net proceeds dispute scheduled November 8, 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-237463","json":"https://secwatch.observer/filing/0001193125-23-237463.json","markdown":"https://secwatch.observer/filing/0001193125-23-237463.md","text":"https://secwatch.observer/filing/0001193125-23-237463.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/862022/000119312523237463/0001193125-23-237463-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/862022/000119312523237463/d512463d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-10T14:15:47.921902+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"}