Hugoton Royalty Trust declares no August cash distribution for May 2026 production

Hugoton Royalty Trust declared no August cash distribution for May 2026 production.

• No dividend was distributed for May 2026 due to excess cost positions across all three net profits interest conveyances.
• Cash reserve fell by $8,000 to cover trust expenses; any future net profits would first be used to rebuild reserves.
• Management does not foresee distributions in the near term; no unitholder distributions have been made since July 2023.
• Excess costs remain elevated, including $3.29 million in Kansas, $15.06 million in Oklahoma, and $12.74 million in Wyoming.