NORTH EUROPEAN OIL ROYALTY TRUST ANNOUNCES THE DISTRIBUTION FOR THE SECOND QUARTER OF FISCAL 2026

North European Oil Royalty Trust (NYSE:NRT) announced a $0.22 per-unit distribution for Q2 fiscal 2026, payable May 27, 2026 to owners of record on May 13, 2036.

Rhea-AI Summary

North European Oil Royalty Trust (NYSE:NRT) announced a $0.22 per-unit distribution for Q2 fiscal 2026, payable May 27, 2026 to owners of record on May 13, 2036. This equals Q1 2026 and compares with $0.20 in Q2 2025.

The 12-month cumulative distribution is $1.01 per unit, which the Trust states is 115% higher than the prior 12-month distribution of $0.47. The Trust notes monthly royalties for the quarter do not fully reflect a recent period of higher prices. Additional details will appear in the Trust's 10-Q on or about May 30, 2026.

Positive

• Distribution of $0.22 per unit for Q2 fiscal 2026
• Q2 distribution equals prior quarter ($0.22 in Q1 2026)
• Cumulative 12-month distribution of $1.01 per unit (+115%)

Negative

• Quarterly royalties do not fully reflect recent higher prices
• Record/payable dates may cause investor timing confusion (May 13, 2036)

Argus May 1 session

+0.60% close to close Open Argus

Details

News Market Reaction – NRT

On May 1, the first trading day after this news, NRT closed 0.60% above the previous close.

Data tracked by StockTitan Argus for the May 1 session.

Market Context

This announcement highlights a continued quarterly distribution of $0.22 per unit and a trailing 12‑...

Analysis

This announcement highlights a continued quarterly distribution of $0.22 per unit and a trailing 12‑month payout rising to $1.01 per unit, substantially above the prior period. The text explains that royalties for the reported quarter do not fully capture the recent period of higher prices due to payment timing. Investors may focus on how future 10‑Q and 10‑K filings, commodity price trends, and operator activity affect royalty income and the sustainability of these higher distributions.

Key Figures

Q2 2026 distribution: $0.22 per unit Prior-year Q2 distribution: $0.20 per unit Q1 2026 distribution: $0.22 per unit +5 more

Q2 2026 distribution

$0.22 per unit

Second quarter of fiscal 2026

Prior-year Q2 distribution

$0.20 per unit

Second quarter of fiscal 2025

Q1 2026 distribution

$0.22 per unit

First quarter of fiscal 2026

Cumulative 12-month distribution

$1.01 per unit

Includes May 2026 and three prior quarters

Increase vs prior 12 months

$0.54 per unit

Difference versus prior 12‑month distribution of $0.47

Prior 12-month distribution

$0.47 per unit

Baseline for cumulative 12‑month comparison

12-month increase percentage

115%

Increase in cumulative distribution versus prior 12 months

Payment date

May 27, 2026

Payable date for Q2 fiscal 2026 distribution

Historical Context

3 past events · Latest: Jan 30

3 events

1. Jan 30

   Q1 2026 distribution

   24h Move

   +5.5%

   Announced Q1 fiscal 2026 distribution increase versus prior year and trailing 12-month gain.

2. Jan 16

   Leadership transition

   24h Move

   +2.2%

   Retirement of Managing Director and appointment of interim Managing Director to ensure continuity.

3. Oct 31

   Q4 2025 distribution

   24h Move

   +12.4%

   Sharp increase in Q4 2025 distribution and higher trailing 12‑month payout versus prior year.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

royalty agreements, 10-k, 10-q, edgar, +3 more

7 terms

royalty agreements financial

"The Trust receives its royalties under the Mobil and OEG Royalty Agreements"

Royalty agreements are contracts where the owner of an asset (like a patent, mineral rights, or a brand) allows another party to use that asset in exchange for ongoing payments tied to revenue, sales, or production. For investors, they matter because they create predictable, contractually specified cash flows and affect a company’s future earnings and valuation—think of it like a landlord receiving rent based on how much a tenant sells rather than a fixed monthly fee.

10-k regulatory

"as detailed in the 2025 10-K on the Trust's website"

A 10-K is a comprehensive annual report a public company files with the U.S. Securities and Exchange Commission that summarizes its business, financial results, risks, legal issues, and management discussion. Investors use it like a company’s detailed yearly report card and instruction manual — it helps reveal how the company makes money, where it might face trouble, and the underlying numbers that support valuation and investment decisions.

View in glossary

10-q regulatory

"Additional details will be available in the Trust's 10-Q filing"

A 10-Q is a company’s required quarterly filing with U.S. regulators that provides updated financial statements, management discussion of results, and disclosures about risks, legal matters and operational changes. Think of it as a quarterly report card and progress update that lets investors track recent performance, spot trends or warning signs between annual reports, and make informed buy/sell decisions based on the latest verified financial and business information.

View in glossary

edgar regulatory

"or through the SEC's EDGAR website on or about May 30, 2026"

EDGAR is a system used by companies to share important financial and business information with the public. It functions like an online filing cabinet where investors can access official reports and documents that help them understand a company's financial health and operations. This transparency allows investors to make more informed decisions, much like checking a company's report card before investing.

forward-looking statements regulatory

"This press release may contain forward-looking statements intended to qualify"

Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.

royalty payments financial

"statements concerning future gas prices, royalty payments and cash distributions"

Payments made to the owner of an asset, patent, trademark, mineral right, or creative work in exchange for permission to use it; they are typically a percentage of sales or a fixed fee per unit sold. For investors, royalty payments represent a steady income stream tied to the underlying product’s sales performance, similar to collecting rent from tenants — predictable cash flow that can reduce risk or add value when evaluating a company’s revenue sources.

cash distributions financial

"statements concerning future gas prices, royalty payments and cash distributions"

Cash distributions are direct payments of money made by a company, fund, or partnership to its owners or investors, similar to receiving a regular paycheck from profits or a share of rental income. They matter because they provide tangible income, can signal how healthy a business or fund is, and affect the value of your investment — like taking cash out of a piggy bank reduces what's left inside.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

EAST SCHODACK, N.Y., April 30, 2026 /PRNewswire/ -- The Trustees of North European Oil Royalty Trust (NYSE-NRT) announced today a distribution of $0.22 per unit for the second quarter of fiscal 2026. This compares to a $0.20 distribution for the second quarter of fiscal 2025 and is equal to the $0.22 distribution for the first quarter of fiscal 2026. The $0.22 distribution for the second quarter of fiscal 2026 is payable on May 27, 2026 to owners of record on May 13, 2036.

The Trust receives its royalties under the Mobil and OEG Royalty Agreements as detailed in the 2025 10-K on the Trust's website. In accordance with the agreements, the Trust's monthly royalty payments are paid based on the amount of royalties payable to the Trust in the prior quarter. As a result, for the quarter ending April 30, 2026, the royalties do not fully reflect the recent period of higher prices. Additional details will be available in the Trust's 10-Q filing at the Trust's website, shown below, or through the SEC's EDGAR website on or about May 30, 2026.

The cumulative 12-month distribution, which includes the May 2026 distribution and the three prior quarterly distributions, is $1.01 per unit. This 12-month cumulative distribution is 115%, or $0.54 per unit, higher than the prior 12-month distribution of $0.47 per unit. The Trust makes quarterly distributions to unit owners during the months of February, May, August, and November.

Contact – Edwin Sapienza, Trust Administrator, telephone: (732) 741-4008, email: easapienza@neort.com. The Trust's press releases and other pertinent information are available on the Trust's website: www.neort.com.

Forward-Looking Statements

This press release may contain forward-looking statements intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. Such statements address future expectations and events or conditions concerning the Trust, such as statements concerning future gas prices, royalty payments and cash distributions. Many of these statements are based on information provided to the Trust by the operating companies or by consultants using public information sources, are difficult to predict, and are generally beyond the control of the Trust. These statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those anticipated in any forward-looking statements. These include: the fact that the assets of the Trust are depleting assets and, if the operators developing the concession do not perform additional development projects, the assets may deplete faster than expected; risks and uncertainties concerning levels of gas production and gas sale prices, general economic conditions, and currency exchange rates; the ability or willingness of the operating companies to perform under their contractual obligations with the Trust; potential disputes with the operating companies and the resolution thereof; and geopolitical and economic uncertainty. Any forward-looking statement speaks only as of the date on which such statement is made, and the Trust does not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date on which such statement is made.

View original content:https://www.prnewswire.com/news-releases/north-european-oil-royalty-trust-announces-the-distribution-for-the-second-quarter-of-fiscal-2026-302759473.html

SOURCE North European Oil Royalty Trust

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What distribution did North European Oil Royalty Trust (NRT) declare for Q2 fiscal 2026?

The Trust declared a $0.22 per-unit distribution for Q2 fiscal 2026. According to the company, this equals the Q1 2026 distribution and compares to a $0.20 distribution in Q2 fiscal 2025.

When is the NRT Q2 2026 distribution payable and who is the record owner?

The Q2 distribution is payable on May 27, 2026 to owners of record on May 13, 2036. According to the company, those are the payable and record dates stated for this distribution.

What is NRT's reported 12-month cumulative distribution including May 2026?

The Trust reports a $1.01 cumulative 12-month distribution including May 2026. According to the company, that total is $0.54 higher than the prior 12-month total of $0.47 (a 115% increase).

Why might NRT royalties not reflect recent higher energy prices for the quarter ending April 30, 2026?

Royalty payments are based on amounts payable in the prior quarter, so royalties for the quarter ended April 30, 2026 may lag. According to the company, monthly royalty timing prevents full reflection of a recent period of higher prices.

Where will NRT publish further details about the Q2 distribution and when?

Additional details will be available in the Trust's Form 10-Q and on the Trust website or EDGAR on or about May 30, 2026. According to the company, the 10-Q will contain the fuller quarterly disclosure.