North European Oil Rty Tr Stock Price, News & Analysis

The North European Oil Royalty Trust (NRT) announced a quarterly distribution of $0.74 per unit for Q4 fiscal 2022, payable on November 30, 2022. This marks a significant increase of 428.57% from $0.14 in Q4 fiscal 2021, driven primarily by higher natural gas prices and positive adjustments from previous earnings. Gas sales during Q3 2022 totaled 16.45 Bcf, with the Mobil Agreement contributing the majority. The cumulative 12-month distribution for fiscal 2022 stands at $1.83 per unit, a 289.36% increase from $0.47 in 2021.

North European Oil Royalty Trust (NRT) reported significant growth in its fiscal Q3 2022 results, with net income rising to $4,292,607, a 214.80% increase from fiscal Q3 2021. Total royalty income reached $4,442,665, marking a 200.01% increase, driven by higher gas prices from the Mobil and OEG Royalty Agreements. Distribution per unit surged by 206.67% to $0.46. However, trust expenses increased by 28.24% to $150,693 due to higher Trustee fees. Over nine months, both net income and total royalty income also demonstrated strong growth, reflecting a robust performance.

The North European Oil Royalty Trust (NRT) has declared a quarterly distribution of $0.46 per unit for Q3 2022, payable on August 31, 2022. This amount represents a significant increase of 206.67% compared to $0.15 per unit for the same quarter in 2021. Higher natural gas prices have helped offset declines in gas sales and average exchange rates. The cumulative 12-month distribution now stands at $1.23 per unit, up 251.43% from the previous $0.35. Key driving factors include royalty agreements from the Mobil and OEG contracts.

North European Oil Royalty Trust (NRT) reported significant growth in its financials for the second fiscal quarter of 2022, with total royalty income reaching $3,773,568, up 169.51% compared to $1,400,159 in Q2 2021. Net income also rose dramatically by 197.05% to $3,559,968.

The distribution per unit increased to $0.38, representing a 171.43% rise from last year. Despite increased expenses of 6.03% to $213,988, driven by higher trustee fees, the Trust's financial outlook remains positive due to rising gas prices.

The Trustees of North European Oil Royalty Trust (NRT) declared a quarterly distribution of $0.38 per unit for Q2 fiscal 2022, payable on May 25, 2022. This amount is 171.43% higher than the $0.14 distribution in Q2 fiscal 2021, driven by increased natural gas prices. Royalty income under the Mobil Sulfur Agreement rose to $70,618, up from $36,411 in the previous year. Despite lower gas sales of 3.605 Bcf compared to 4.354 Bcf in Q1 2021, higher prices led to strong royalty growth, with cumulative 12-month distributions now at $0.92 per unit.

North European Oil Royalty Trust (NRT) reported a significant increase in net income for the first quarter of fiscal 2022, reaching $2,351,819 compared to $111,842 in the previous year, marking a rise of 2,002.80%. Total royalty income surged by 798.44% to $2,546,539, bolstered by $59,517 in Mobil sulfur royalties. Distributions per unit increased by 525.00%, now at $0.25. Trust expenses rose by 13.56% to $194,957 due to increased consultancy and trustee fees. The declared distribution will be paid on February 23, 2022.

The Trustees of North European Oil Royalty Trust (NRT) announced a quarterly distribution of $0.25 per unit for Q1 fiscal 2022, payable on February 23, 2022. This marks a significant increase of 525% from $0.04 in Q1 fiscal 2021, driven by higher natural gas prices and sales, totaling $973,794 in positive royalty adjustments. Gas sales for the fourth quarter of 2021 increased by 27.41% year-over-year. The cumulative 12-month distribution is now $0.68, up 142.86% from $0.28 previously.

North European Oil Royalty Trust (NYSE-NRT) reported significant growth in its fourth quarter of fiscal 2021, with total royalty income reaching $1,437,950, a 312.48% increase compared to $348,614 in Q4 2020. Net income surged to $1,302,678, up 495.79% from $218,649 year-over-year. The Trust's fiscal year total royalty income was $4,602,410, a 13.64% rise, while net income increased 21.00% to $3,976,557. Distributions per unit also rose to $0.47, a 46.88% increase from $0.32 in the previous year.

The North European Oil Royalty Trust (NRT) has declared a quarterly distribution of $0.14 per unit for Q4 of fiscal 2021, payable on November 24, 2021. This marks a significant increase of 600%, or $0.12 higher, compared to $0.02 in Q4 2020. The rise is attributed to increased natural gas sales, with sales reaching 3.985 Bcf, a 25.08% increase year-over-year, and gas prices jumping 111.49%. The cumulative distribution for the fiscal year is $0.47, a 46.88% rise from $0.32 in 2020.