EX-99.1 2 hgtxu-ex99_1.htm EX-99.1 EX-99.1 Hugoton Royalty Trust HUGOTON ROYALTY TRUST DECLARES NO SEPTEMBER CASH DISTRIBUTION; Dallas, Texas, September 18, 2026 - Argent Trust Company, as Trustee of the Hugoton Royalty Trust (the “Trust”) (OTCPK: HGTXU) announced today there would not be a cash distribution to the holders of its units of beneficial interest for September 2026 due to the excess cost positions on all three of the Trust’s conveyances of net profits interests. The Trust’s cash reserve decreased by $4,000 for the payment of Trust expenses. To the extent any net profits income is received in future months, the Trustee anticipates replenishing the cash reserve prior to declaring any future distributions to unitholders. Replenishment of the cash reserve may include any increase in the cash reserve total, as determined by the Trustee. Based on the current excess costs, the Trustee does not foresee any distributions in the near term.. Trust Liquidity As previously disclosed, accumulated excess costs for the Kansas, Oklahoma, and Wyoming conveyances have resulted in insufficient net proceeds to the Trust which have resulted in no unitholder distributions since July …
Open exhibit ↗Current Report · Items 2.02, 9.01 · 8-K
HUGOTON ROYALTY TRUST
HGTXUOTCEQUITYCurrent
Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition. On September 18, 2026, the Registrant issued a news release that it will not declare a monthly cash distribution and an update on the SEC filings for the month of September 2026. A copy of the news release is furnished as Exhibit 99.1.…
Disclosure sections
Item 2.02Item 2.02 - Results of Operations
Item 2.02 Results of Operations and Financial Condition.
On September 18, 2026, the Registrant issued a news release that it will not declare a monthly cash distribution and an update on the SEC filings for the month of September 2026. A copy of the news release is furnished as Exhibit 99.1.
The information in this Current Report, including the news release attached hereto, is being furnished pursuant to Item 2.02 of Form 8-K and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to liabilities of that Section.