---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-275147"
form_type: "8-K"
ticker: "HGTXU"
cik: "0000862022"
company_name: "HUGOTON ROYALTY TRUST"
filed_at: "2026-06-18T13:49:12+00:00"
generated_at: "2026-06-18T13:50:03.926695+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Hugoton Royalty Trust declares no June distribution; going concern doubts persist

## Summary
- No cash distribution for June 2026; no distributions since July 2023 due to excess costs on all three conveyances.
- Cumulative excess costs: Kansas $3.193M, Oklahoma $14.176M, Wyoming $11.582M (including accrued interest).
- Trustee has deferred its fee since April 2024; financing unlikely; considering termination or sale of assets.
- Trust unable to file Q1 2026 10-Q due to cash constraints; no independent auditor engaged; OTCQB status at risk.
- Underlying gas sales 669,000 Mcf at $3.30/Mcf; oil 17,000 Bbls at $80.55 for current month.

## SEC filing metadata
- accession: 0001193125-26-275147
- form_type: 8-K
- ticker: HGTXU
- cik: 0000862022
- company_name: HUGOTON ROYALTY TRUST
- filed_at: 2026-06-18T13:49:12+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/862022/000119312526275147/0001193125-26-275147-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/862022/000119312526275147/hgt_8-k_2606_distributio.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-275147
- JSON: https://secwatch.observer/filing/0001193125-26-275147.json
- Plain text: https://secwatch.observer/filing/0001193125-26-275147.txt

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