{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-244651","form_type":"8-K","ticker":"HGTXU","cik":"0000862022","company_name":"HUGOTON ROYALTY TRUST","filed_at":"2025-10-21T23:59:59+00:00","discovered_at":"2026-05-14T18:02:42.388853+00:00","generated_at":"2026-05-17T03:09:45.347374+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 skips October 2025 cash distribution due to excess cost positions","bullets":["No monthly cash distribution for October 2025; excess cost on all three net profits interests.","Cash reserve reduced by $47,000 for Trust expenses; reserve to be replenished before future distributions.","Current month underlying volumes: 757,000 Mcf gas at $3.63, 19,000 Bbls oil at $63.52.","Cumulative excess costs: Kansas $2,548k (incl. $236k interest), Oklahoma $8,749k ($687k), Wyoming $10,767k ($941k).","Advance of $1,000,000 from XTO Energy may be recouped from future distributable net profits."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-244651","json":"https://secwatch.observer/filing/0001193125-25-244651.json","markdown":"https://secwatch.observer/filing/0001193125-25-244651.md","text":"https://secwatch.observer/filing/0001193125-25-244651.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/862022/000119312525244651/0001193125-25-244651-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/862022/000119312525244651/hgt_8-k_2510_distributio.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T03:09:45.347374+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"}