---
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"
generated_at: "2026-05-17T03:09:45.347374+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 skips October 2025 cash distribution due to excess cost positions

## Summary
- 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.

## SEC filing metadata
- 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
- 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/862022/000119312525244651/0001193125-25-244651-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/862022/000119312525244651/hgt_8-k_2510_distributio.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-244651
- JSON: https://secwatch.observer/filing/0001193125-25-244651.json
- Plain text: https://secwatch.observer/filing/0001193125-25-244651.txt

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