Welcome to our dedicated page for North European Oil Rty Tr news (Ticker: NRT), a resource for investors and traders seeking the latest updates and insights on North European Oil Rty Tr stock.
North European Oil Royalty Trust (NYSE: NRT) issues frequent public updates focused on its royalty income and cash distributions to unitholders. As a trust that holds overriding royalty rights on oil, gas and sulfur production under concessions and leases in the Federal Republic of Germany, its news flow centers on how contractual royalty payments and adjustments translate into quarterly distributions.
Press releases regularly announce the quarterly distribution per unit, the record and payment dates, and comparisons with prior periods. These announcements often explain how factors such as prior period negative or positive royalty adjustments under the Mobil and OEG Royalty Agreements, sulfur royalty payments, and changes in gas prices and sales volumes have affected the latest distribution. The Trust also highlights the impact of carry-over adjustments from earlier calendar periods and notes that distributions are based on royalty income received less incurred and anticipated expenses.
In addition to distribution announcements, North European Oil Royalty Trust’s news includes updates on quarterly net income, commentary on trends in royalty income, and explanations of how currency exchange rates influence U.S. dollar results. Governance developments, such as the appointment of new Trustees or the reporting of changes among Trustees, are also communicated through press releases.
Investors following NRT’s news can use these updates to understand the timing and variability of distributions, the mechanics of royalty adjustments under the Mobil and OEG agreements, and the Trust’s perspective on the factors influencing its royalty streams. This news page aggregates those releases and related coverage so readers can review the Trust’s recent announcements and historical communication around its royalty income and distributions.
North European Oil Royalty Trust (NYSE:NRT) declared a quarterly distribution of $0.22 per unit for Q1 fiscal 2026, payable February 25, 2026 to unitholders of record on February 13, 2026.
The increase versus Q1 fiscal 2025 ($0.04) reflects the absence of negative adjustments that reduced prior distributions; calendar 2023 negative adjustments of $1,754,661 affected the 2025 Q1 payout. Q1 fiscal 2026 included positive end-of-quarter adjustments of $30,820 and $51,072 plus a $79,183 Mobil sulfur payment. The trailing 12-month cumulative distribution is $0.99 per unit, up 111% versus the prior 12 months.
North European Oil Royalty Trust (NYSE:NRT) announced that Managing Director John R. Van Kirk will retire effective January 30, 2026. The Trust named Managing Trustee Nancy J. Floyd Prue as interim Managing Director; she has served on the Board since March 2018 and as Managing Trustee since March 2023. The statement thanked Van Kirk for more than 35 years of service. Contact information for Ms. Floyd Prue was provided for further inquiries, including a phone number and email, and the Trust's website is listed for investor access.
North European Oil Royalty Trust (NYSE: NRT) announced a $0.31 per unit quarterly distribution for the fourth quarter of fiscal 2025, payable on November 26, 2025 to holders of record on November 14, 2025.
The fourth quarter 2025 distribution rose sharply versus $0.02 per unit in Q4 2024, primarily due to the absence of large negative adjustments that reduced the prior-year payout. The cumulative 12-month distribution including November 2025 is $0.81 per unit, up 69% (an increase of $0.33 per unit) from the prior 12 months. A small negative adjustment of $10,152 affected the quarter; earlier carryover negative adjustments totaled $3,395,332. Further detail will be provided in the Trust's 10-K expected on or about December 31, 2025.
North European Oil Royalty Trust (NYSE: NRT) has declared a quarterly distribution of $0.26 per unit for Q3 fiscal 2025, payable on August 27, 2025, to holders of record on August 15, 2025. This represents a 23.8% increase from the $0.21 per unit distributed in Q3 fiscal 2024.
The Trust reported a net royalty payment of $31,235 for Q3 2025, resulting from a combination of a negative end-of-quarter adjustment and a positive Mobil sulfur royalty payment. Scheduled royalty payments for Q4 fiscal 2025 are estimated at $2.6 million at the current exchange rate of 1.1755.
North European Oil Royalty Trust (NYSE: NRT) has announced a quarterly distribution of $0.20 per unit for the second quarter of fiscal 2025, matching the same period last year and showing significant improvement from Q1 2025's $0.04 distribution.
The distribution will be paid on May 28, 2025 to owners of record as of May 16, 2025. The increase reflects higher prices and a reduced negative adjustment carryover. The quarter ended with positive adjustments of $73,451 under the Mobil Agreement and $97,508 under the OEG Agreement, plus a Mobil sulfur royalty payment of $57,240.
The Trust receives royalties based on the previous quarter's performance, with payments structured under the Mobil and OEG Royalty Agreements. Detailed financial information will be available in the Trust's 10-Q filing through the SEC's EDGAR website by May 30, 2025.
North European Oil Royalty Trust (NYSE:NRT) has declared a quarterly distribution of $0.04 per unit for the first quarter of fiscal 2025, payable on February 26, 2025, to unitholders of record on February 14, 2025.
The reduced distribution primarily resulted from substantial negative adjustments from calendar 2023 under both the Mobil and OEG royalty agreements. The negative carry-over adjustment from 2023 completely eliminated all first quarter fiscal 2025 royalty payments under the OEG royalty agreement, with a residual negative balance affecting February 2025's scheduled payment. For the Mobil royalty, the negative carry-over adjustment was fully offset through a reduction in December 2024's scheduled royalty payment.
North European Oil Royalty Trust (NYSE-NRT) has declared a quarterly distribution of $0.02 per unit for Q4 fiscal 2024, payable on November 27, 2024. The reduced distribution primarily resulted from carry-over negative adjustments from the prior quarter and substantial negative adjustments from calendar 2023. The cumulative 12-month distribution, including November 2024 and three prior quarters, amounts to $0.48 per unit, representing a significant decrease of 78.8% or $1.78 per unit compared to the prior 12-month distribution of $2.26 per unit.
North European Oil Royalty Trust (NYSE: NRT) has appointed two new Trustees, effective October 1, 2024. Richard P. Howard, a Chartered Financial Analyst with over 47 years of experience in the energy industry, and Andrew S. Borodach, a transactional lawyer with more than 25 years of experience in financial services and insurance, will join the Trust's board. Howard brings extensive analytical and portfolio management expertise, while Borodach contributes significant legal and M&A experience. Nancy J. Floyd Prue, Managing Trustee, stated that their experience and perspectives will strengthen the Trust's management. With these appointments, North European Oil Royalty Trust will have a total of 5 Trustees.
North European Oil Royalty Trust (NYSE: NRT) has announced a quarterly distribution of $0.21 per unit for the third quarter of fiscal 2024, payable on August 28, 2024, to holders of record on August 16, 2024. This distribution matches the amount from the same quarter in fiscal 2023. The Trust's royalties are received under the Mobil and OEG Royalty Agreements, with scheduled monthly payments based on the previous calendar quarter's royalties.
There were negative adjustments of $387,930 under the Mobil Agreement and $219,645 under the OEG Agreement at the end of Q3 fiscal 2024. These will be offset against Q4 scheduled royalty payments. Estimated royalty payments for Q4 fiscal 2024 are $1.2 million at the current exchange rate of 1.09.
North European Oil Royalty Trust announced the passing of Willard B. Taylor, a Trustee and Director since the Trust's formation in 1975. Taylor, known for his calm clarity and broad wisdom, died on May 17, 2024. His death was reported by Managing Director John R. Van Kirk. The Trust acknowledges the significant contributions made by Taylor during his long tenure. For additional details, contact John R. Van Kirk or visit the Trust's website.
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