secwatch.observer — SEC 8-K summary
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Issuer:     NORTH EUROPEAN OIL ROYALTY TRUST (NRT)
CIK:        0000072633
Form:       8-K
Filed at:   2021-08-16T23:59:59+00:00
Accession:  0000072633-21-000018
Event type: earnings
Sentiment:  positive
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

North European Oil Royalty Trust reports Q3 net income up 6.69% to $1.36M; distributions rise to $0.15/unit
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- Q3 total royalty income $1.48M, +5.81% YoY; net income $1.36M, +6.69% YoY.
- Q3 distribution per unit $0.15, up 36.36% from $0.11; paid Aug 25 to holders of record Aug 13.
- Trust expenses fell 3.5% to $117.5K vs $121.8K in prior year quarter.
- Nine-month net income declined 12.84% to $2.67M; royalty income down 14.51% due to lower gas sales.
- Current quarter benefited from $50.2K in Mobil sulfur royalties; no prior-period adjustments.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/72633/000007263321000018/0000072633-21-000018-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/72633/000007263321000018/ek081621.htm
  HTML page:      https://secwatch.observer/filing/0000072633-21-000018

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer