---
schema_version: "secwatch.filing_event.v1"
accession: "0000072633-22-000007"
form_type: "8-K"
ticker: "NRT"
cik: "0000072633"
company_name: "NORTH EUROPEAN OIL ROYALTY TRUST"
filed_at: "2022-05-16T23:59:59+00:00"
generated_at: "2026-06-25T15:51:56.414865+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# North European Oil Royalty Trust Q2 net income jumps 197% to $3.56M; distribution $0.38/unit

## Summary
- Net income of $3.56M vs $1.20M YoY; distribution $0.38/unit, up 171% from $0.14.
- Total royalty income $3.77M, +169% on higher gas prices under Mobil and OEG agreements.
- Gas prices surged ~234% under both agreements despite 9-17% lower sales volumes.
- Six-month net income $5.91M ($0.63/unit), up 351% vs $1.31M ($0.18/unit) prior year.
- Distribution of $0.38/unit payable May 25, 2022 to holders of record May 13, 2022.

## SEC filing metadata
- accession: 0000072633-22-000007
- form_type: 8-K
- ticker: NRT
- cik: 0000072633
- company_name: NORTH EUROPEAN OIL ROYALTY TRUST
- filed_at: 2022-05-16T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/72633/000007263322000007/0000072633-22-000007-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/72633/000007263322000007/ek051622.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000072633-22-000007
- JSON: https://secwatch.observer/filing/0000072633-22-000007.json
- Plain text: https://secwatch.observer/filing/0000072633-22-000007.txt

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