secwatch.observer — SEC 8-K summary
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Issuer:     NORTH EUROPEAN OIL ROYALTY TRUST (NRT)
CIK:        0000072633
Form:       8-K
Filed at:   2022-08-19T23:59:59+00:00
Accession:  0000072633-22-000011
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NRT Q3 net income $4.29M (+215%); distributions per unit $0.46 (+207%)
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- Q3 net income $4,292,607 vs $1,363,590 (+214.8%); distributions per unit $0.46 vs $0.15 (+206.7%).
- Total royalty income $4,442,665, up 200% on higher gas prices under Mobil and OEG agreements.
- Nine-month net income $10.2M vs $2.67M (+281.6%); distributions per unit $1.09 vs $0.33 (+230%).
- Trust expenses $150,693, up 28.24% due to higher trustee fees per Trust Agreement.
- Distribution of $0.46 per unit payable Aug 31, 2022 to holders of record Aug 19, 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/72633/000007263322000011/0000072633-22-000011-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/72633/000007263322000011/ek081922.htm
  HTML page:      https://secwatch.observer/filing/0000072633-22-000011

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