Hugoton Royalty Trust declares no cash distribution for January 2024 due to excess costs

HUGOTON ROYALTY TRUST

No monthly cash distribution for January 2024; cash reserve reduced by $19,000 for trust expenses.
Underlying sales volumes: 676,000 Mcf gas at $3.97/Mcf, 12,000 Bbls oil at $77.57/Bbl (November production).
Cumulative excess costs: Kansas $837K, Oklahoma $1.819M, Wyoming $2.228M; plus ~$14.6M net from Chieftain arbitration.
Development costs of $9.1M ($7.3M net to Trust) charged for three non-operated wells in Oklahoma.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.