---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-011107"
form_type: "8-K"
ticker: "HGTXU"
cik: "0000862022"
company_name: "HUGOTON ROYALTY TRUST"
filed_at: "2024-01-19T23:59:59+00:00"
generated_at: "2026-06-06T21:37:49.786893+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-24-011107
- form_type: 8-K
- ticker: HGTXU
- cik: 0000862022
- company_name: HUGOTON ROYALTY TRUST
- filed_at: 2024-01-19T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/862022/000119312524011107/0001193125-24-011107-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/862022/000119312524011107/d721282d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-011107
- JSON: https://secwatch.observer/filing/0001193125-24-011107.json
- Plain text: https://secwatch.observer/filing/0001193125-24-011107.txt

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