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NRT

North European Oil Royalty Trust

NRT · NYSE · Energy
$8.52
▲ $8.52 (0.61%)
$8.17 $8.29 $8.40 $8.52 $8.52 Sep 29 Oct 02 Oct 05
Day range
$8.45 – $8.53
Year range
$5.23 – $10.49
Open
$8.47
Previous close
—
Market cap
$78.32M
Volume (24h)
$2.4K
Volume (52w)
$20.03K
Performance
7D
▼ -0.33%
1M
▼ -9.06%
3M
▲ 19.18%
6M
▼ -1.26%
1Y
▲ 56.07%
YTD
▲ 20.36%
3Y
▼ -25.71%
5Y
▼ -17.27%
All-time
▼ -61.84%
Key statistics
P/E ratio
8.35
EPS (TTM)
$1.02
Dividend yield
11.85%
Dividend (TTM)
$1.01
Payout ratio
99.02%
Shares outstanding
9.2M
About North European Oil Royalty Trust

The North European Oil Royalty Trust (NEORT) functions as a grantor trust, possessing overriding royalty interests tied to petroleum and natural gas extraction from various licensed areas and concessions within Germany. These rights stem from agreements with the German exploration and development divisions of major energy firms, specifically ExxonMobil Corporation and the Royal Dutch/Shell Group. The trust earns royalties from the sale of a range of hydrocarbon products, including natural gas from gas wells, associated gas from oil wells, crude petroleum, condensate, and sulfur. Its administrative headquarters are situated in Keene, New Hampshire.

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Country: United States of America
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