secwatch.observer — SEC 8-K summary
======================================

Issuer:     NORTH EUROPEAN OIL ROYALTY TRUST (NRT)
CIK:        0000072633
Form:       8-K
Filed at:   2022-02-01T23:59:59+00:00
Accession:  0000072633-22-000002
Event type: dividend
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NRT declares $0.25/unit Q1 distribution, up 525% from $0.04 YoY; cumulative 12-month $0.68
--------------------------------------------------------------------------------

- Q1 FY2022 distribution of $0.25/unit payable Feb 23, 2022 to record Feb 11, 2022.
- Distribution up 525% YoY ($0.21 increase) on higher gas prices/sales and $973,794 prior-quarter adjustments.
- Mobil Agreement royalties $1,618,746 (+204% YoY) on 4.105 Bcf at 3.0604 Ecents/kWh.
- OEG Agreement royalties $778,969 (+303% YoY) on 13.970 Bcf at 3.1210 Ecents/kWh.
- Cumulative 12-month distribution $0.68/unit, up 142.86% from $0.28.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/72633/000007263322000002/0000072633-22-000002-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/72633/000007263322000002/ek020122.htm
  HTML page:      https://secwatch.observer/filing/0000072633-22-000002

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