---
schema_version: "secwatch.filing_event.v1"
accession: "0000072633-21-000023"
form_type: "8-K"
ticker: "NRT"
cik: "0000072633"
company_name: "NORTH EUROPEAN OIL ROYALTY TRUST"
filed_at: "2021-11-15T23:59:59+00:00"
generated_at: "2026-06-28T08:47:50.292433+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# NRT reports Q4 FY2021 net income up 495.79% to $1.30M; distribution $0.14 per unit

## Summary
- Q4 FY2021 royalty income $1.44M (+312.48% YoY), net income $1.30M (+495.79%), distributions $0.14/unit (+600%).
- FY2021 royalty income $4.60M (+13.64%), net income $3.98M (+21%), distributions $0.47/unit (+46.88%).
- Negative adjustments reduced Q4 royalty income by $157,538 vs $254,369 in Q4 2020.
- Gas prices up ~20% under Mobil and OEG agreements; gas sales down 3-8% offset by EUR strengthening.
- Annual meeting Feb 16, 2022; $0.14 distribution payable Nov 24 to record Nov 12.

## SEC filing metadata
- accession: 0000072633-21-000023
- form_type: 8-K
- ticker: NRT
- cik: 0000072633
- company_name: NORTH EUROPEAN OIL ROYALTY TRUST
- filed_at: 2021-11-15T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/72633/000007263321000023/0000072633-21-000023-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/72633/000007263321000023/ek111521.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000072633-21-000023
- JSON: https://secwatch.observer/filing/0000072633-21-000023.json
- Plain text: https://secwatch.observer/filing/0000072633-21-000023.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.